International Management, 8e (Deresky)
Chapter 1 Assessing the Environment: Political, Economic, Legal, Technological
1) Which of the following is characterized by networks of international linkages that bind
countries, institutions, and people in an interdependent economy?
A) communism
B) nationalization
C) socialism
D) globalization
Answer: D
Diff: 1
Chapter: 1
Skill: Concept
Objective: 1
AACSB: Dynamics of the global economy
2) ________ results from the lessening of trade barriers and the increased flow of goods
and services, capital, labor, and technology around the world.
A) Economic integration
B) Nationalization
C) Protectionism
D) Mercantilism
Answer: A
Diff: 1
Chapter: 1
Skill: Concept
,Objective: 1
AACSB: Dynamics of the global economy
3) In which of the following groups of trade blocs does most of today's world trade takes
place?
A) Middle East, China, and India
B) North America, Africa, and Canada
C) Western Europe, Asia, and the Americas
D) Saudi Arabia, Western Europe, and the Gulf
Answer: C
Diff: 1
Chapter: 1
Skill: Concept
Objective: 1
AACSB: Dynamics of the global economy
,4) The European Union currently consists of how many nations?
A) 12
B) 27
C) 34
D) 46
Answer: B
Diff: 1
Chapter: 1
Skill: Concept
Objective: 1
5) Which of the following best explains China's success in exporting?
A) low costs and steady stream of capital
B) geographic location in the world
C) high educational standards
D) close ties with Japan
Answer: A
Diff: 2
Chapter: 1
Skill: Concept
Objective: 1
AACSB: Dynamics of the global economy
6) Which of the following countries is today known as the world's services supplier,
providing highly skilled and educated workers to foreign companies.
A) China
, B) Brazil
C) Mexico
D) India
Answer: D
Diff: 2
Chapter: 1
Skill: Concept
Objective: 1
AACSB: Dynamics of the global economy
7) Which of the following agreements is a free trade pact among seven South Asian
nations, signed in order to lower tariffs?
A) SAARC
B) ASEAN
C) NAFTA
D) MERCOSUR
Answer: A
Diff: 1
Chapter: 1
Skill: Concept
Objective: 1
AACSB: Dynamics of the global economy
8) Emerson is a global manufacturing company headquartered in St. Louis, Missouri. The
company employs almost 130,000 workers at its 250 manufacturing facilities located on
five different continents. Emerson manufactures a wide range of products including air-
conditioning compressors, garbage disposers, and automotive parts. Emerson's Asian
operations employ over 50,000 people at manufacturing facilities in Asia. Emerson needs
Chapter 1 Assessing the Environment: Political, Economic, Legal, Technological
1) Which of the following is characterized by networks of international linkages that bind
countries, institutions, and people in an interdependent economy?
A) communism
B) nationalization
C) socialism
D) globalization
Answer: D
Diff: 1
Chapter: 1
Skill: Concept
Objective: 1
AACSB: Dynamics of the global economy
2) ________ results from the lessening of trade barriers and the increased flow of goods
and services, capital, labor, and technology around the world.
A) Economic integration
B) Nationalization
C) Protectionism
D) Mercantilism
Answer: A
Diff: 1
Chapter: 1
Skill: Concept
,Objective: 1
AACSB: Dynamics of the global economy
3) In which of the following groups of trade blocs does most of today's world trade takes
place?
A) Middle East, China, and India
B) North America, Africa, and Canada
C) Western Europe, Asia, and the Americas
D) Saudi Arabia, Western Europe, and the Gulf
Answer: C
Diff: 1
Chapter: 1
Skill: Concept
Objective: 1
AACSB: Dynamics of the global economy
,4) The European Union currently consists of how many nations?
A) 12
B) 27
C) 34
D) 46
Answer: B
Diff: 1
Chapter: 1
Skill: Concept
Objective: 1
5) Which of the following best explains China's success in exporting?
A) low costs and steady stream of capital
B) geographic location in the world
C) high educational standards
D) close ties with Japan
Answer: A
Diff: 2
Chapter: 1
Skill: Concept
Objective: 1
AACSB: Dynamics of the global economy
6) Which of the following countries is today known as the world's services supplier,
providing highly skilled and educated workers to foreign companies.
A) China
, B) Brazil
C) Mexico
D) India
Answer: D
Diff: 2
Chapter: 1
Skill: Concept
Objective: 1
AACSB: Dynamics of the global economy
7) Which of the following agreements is a free trade pact among seven South Asian
nations, signed in order to lower tariffs?
A) SAARC
B) ASEAN
C) NAFTA
D) MERCOSUR
Answer: A
Diff: 1
Chapter: 1
Skill: Concept
Objective: 1
AACSB: Dynamics of the global economy
8) Emerson is a global manufacturing company headquartered in St. Louis, Missouri. The
company employs almost 130,000 workers at its 250 manufacturing facilities located on
five different continents. Emerson manufactures a wide range of products including air-
conditioning compressors, garbage disposers, and automotive parts. Emerson's Asian
operations employ over 50,000 people at manufacturing facilities in Asia. Emerson needs
