AND ANSWERS SCORED A+
1 of 69
Term
How is the Special Drawing Right of the International Monetary Fund
(IMF) valued?
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It is based on the value of the five It is linked to the interest rates of
most significant members' leading banks.
currencies.
, It is determined by the GDP of It is based on the value of gold
major economies. reserves.
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2 of 69
Term
A multinational company hires a distributor to manage the
distribution of products in a new international market that it
recently entered.
Which entry strategy is the company using?
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Exporting Importing
Licensing Direct Investment
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3 of 69
Term
Which factor results in a higher rate of globalization?
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, Increased exclusive internal trade Reduced trade barriers
Increased technology Increased levels of outsourcing
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4 of 69
Term
A manufacturing facility would like to consider the use of artificial
intelligence deep learning.
Which practice illustrates the use of this approach?
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Machines optimize energy Machines become familiar
consumption in operations with common defects in
products
Machines learn to assemble new Machines identify customer
product designs preferences in marketing data
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5 of 69
, Term
What is a purpose of a country implementing trade protectionism?
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To support
multinational To promote free trade agreements
corporations
To encourage foreign investment
in all sectors To protect an infant industry
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6 of 69
Term
A company has entered several foreign markets and maintains the
same branding in all of them.
What is the term for this marketing strategy?
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Evaluation Localization
Empowerment Standardization
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