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International Business BUSMHR 2000 OSU Midterm 1 Questions and Correct Answers the Latest Update and Recommended Version

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Declining trade barriers → better ability to sell overseas Declining investment barriers for producers means... → better ability to produce overseas Enhanced communication technologies → better ability to control overseas operations Enhanced transportation technologies → lowered distance between countries Producers Arguments for Globalization → more markets to sell in Producers Arguments against Globalization → can go bankrupt due to competition 2 0 2 4 /2025 | © copyright | This work may not be copied for profit gain Excel! 1 | P a g e | G r a d e A + | 2 0 24 / 2 0 2 5 Environment Arguments for Globalization → Hardly any Environment Arguments against Globalization → Lack of adequate regulations Consumers Arguments for Globalization → More products to choose from Consumers Arguments against Globalization → Don't know how products are produced Workers Arguments for Globalization → Development of better skills Workers Arguments against Globalization → Loss of jobs due to competition 2 0 2 4 /2025 | © copyright | This work may not be copied for profit gain Excel! 1 |

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2 0 2 4 /2025 | © copyright | This work may not be copied for profit gain Excel!


International Business BUSMHR 2000
OSU Midterm 1 Questions and Correct
Answers the Latest Update and
Recommended Version
Declining trade barriers


→ better ability to sell overseas


Declining investment barriers for producers means...

→ better ability to produce overseas


Enhanced communication technologies

→ better ability to control overseas operations


Enhanced transportation technologies


→ lowered distance between countries


Producers Arguments for

Globalization

→ more markets to sell in


Producers Arguments against

Globalization

→ can go bankrupt due to competition




1|Page| GradeA+ | 2 0 0 2 5

, 2 0 2 4 /2025 | © copyright | This work may not be copied for profit gain Excel!

Environment Arguments for

Globalization


→ Hardly any


Environment Arguments against

Globalization

→ Lack of adequate regulations


Consumers Arguments for

Globalization

→ More products to choose from


Consumers Arguments against

Globalization

→ Don't know how products are produced


Workers Arguments for

Globalization

→ Development of better skills


Workers Arguments against

Globalization

→ Loss of jobs due to competition



1|Page| GradeA+ | 2 0 0 2 5

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