International Business Quiz 1 Questions with 100% Verified
Answers UPDATED!!!
Service workers, who once thought globalization would not
affect their jobs, are discovering that more and more service
jobs are being outsourced to foreign countries. - ANSWER True
Most global markets are for consumer goods despite the
national differences in tastes and preferences. - ANSWER False
Foreign direct investment occurs when a firm invests resources
in business activities outside its home country. - ANSWER True
The relative decline of the United States reflects the growing
economic development and industrialization of the world
economy, as opposed to any absolute decline in the overall
health of the U.S. economy. - ANSWER True
A multinational enterprise (MNE) is any business that has
productive activities in one country. - ANSWER False