1) According to the opening case, Bombardier is a good example of:
A) domestic markets
B) foreign exchange
C) globalization of production
D) outsourcing
E) deregulation
2) The trend toward a more integrated and interdependent global economic system that has been
in place for many years is commonly referred to as:
A) market standardization
B) cross-border integration
C) globalization
D) consumerism
E) nationalization
3) Sourcing goods and services from locations around the globe is known as __________.
A) melding of markets
B) integration of markets
C) deregulation
D) globalization of production
E) globalization of markets
4) Currently, most global markets are markets for what type of product?
A) Consumer goods
B) Industrial goods
C) National products
D) Deregulated products
E) Local goods
1