Chapter 01 12e Doh
1) Internationalization is the vision of creating one world unit, a single market entity.
⊚ true
⊚ false
2) In the context of the changing global demographics, elderly populations spend money on
housing and other capitally financed purchases.
⊚ true
⊚ false
3) North American Free Trade Agreement (NAFTA) members are better integrated as a single
market than the European Union (EU) or the allied Asian countries.
⊚ true
⊚ false
4) The United Nations (U.N.) has increasingly embraced social media as a tool to enhance
diplomacy and understanding worldwide.
⊚ true
⊚ false
5) An increase in the ease of travel between countries is an important development that has
occurred because of the North American Free Trade Agreement (NAFTA).
⊚ true
⊚ false
6) Initial reports from Goldman Sachs, issued in the early 2000s, predicted that BRIC (Brazil,
Russia, India, and China) economies' share of world growth could double from 20 percent in
2003 to more than 40 percent by 2025.
⊚ true
⊚ false
1
, 7) Foreign direct investment (FDI) has been increasing rapidly among developed economies
since the past few years.
⊚ true
⊚ false
8) Nongovernmental organizations (NGOs) have become more active in expressing concerns
about the potential shortcomings of economic globalization.
⊚ true
⊚ false
9) In a command economy, a general balance between supply and demand sustains prices, while
an imbalance creates a price fluctuation.
⊚ true
⊚ false
10) Monopolies are a danger to the market economy system because they tend to stifle economic
growth.
⊚ true
⊚ false
11) In the context of the emerging markets of Asia, India is attractive to multinationals,
especially U.S. and British firms.
⊚ true
⊚ false
12) The United States has considerable foreign direct investment in Germany, more than in any
other country.
⊚ true
⊚ false
2
1) Internationalization is the vision of creating one world unit, a single market entity.
⊚ true
⊚ false
2) In the context of the changing global demographics, elderly populations spend money on
housing and other capitally financed purchases.
⊚ true
⊚ false
3) North American Free Trade Agreement (NAFTA) members are better integrated as a single
market than the European Union (EU) or the allied Asian countries.
⊚ true
⊚ false
4) The United Nations (U.N.) has increasingly embraced social media as a tool to enhance
diplomacy and understanding worldwide.
⊚ true
⊚ false
5) An increase in the ease of travel between countries is an important development that has
occurred because of the North American Free Trade Agreement (NAFTA).
⊚ true
⊚ false
6) Initial reports from Goldman Sachs, issued in the early 2000s, predicted that BRIC (Brazil,
Russia, India, and China) economies' share of world growth could double from 20 percent in
2003 to more than 40 percent by 2025.
⊚ true
⊚ false
1
, 7) Foreign direct investment (FDI) has been increasing rapidly among developed economies
since the past few years.
⊚ true
⊚ false
8) Nongovernmental organizations (NGOs) have become more active in expressing concerns
about the potential shortcomings of economic globalization.
⊚ true
⊚ false
9) In a command economy, a general balance between supply and demand sustains prices, while
an imbalance creates a price fluctuation.
⊚ true
⊚ false
10) Monopolies are a danger to the market economy system because they tend to stifle economic
growth.
⊚ true
⊚ false
11) In the context of the emerging markets of Asia, India is attractive to multinationals,
especially U.S. and British firms.
⊚ true
⊚ false
12) The United States has considerable foreign direct investment in Germany, more than in any
other country.
⊚ true
⊚ false
2
