Test Bank For Introduction To Global Business 2nd Edition By Julian Gaspar
With All Chapter Questions And Detailed Correct Answers 100% Complete
Solution
,Name: Class: Date:
Chapter 01: The Rise of Globalization
1. With Business Becoming Increasingly Global, Its Success, Fortunately, Depends Only On The Domestic
Environment.
a. True
b. False
Answer: False
2. Key Aspects Of Globalization Include The Elimination Of Barriers To Trade And Information Technology.
a. True
b. False
Answer: True
3. The World Economy Is Quickly Shifting Away From Countries With Emerging Economies.
a. True
b. False
Answer: False
4. The “Soft” Qualities Essential To Globalization Include Openness, Protectionism, Accountability,
Connectivity, Democracy, And Centralization.
a. True
b. False
Answer: False
5. A Sustainable Decoupling Process Would Eventually Lead To a Multi-Polar World—a World Economy In
Which The Engines Of Growth Could Comprise The United States, The European Union, China, India, Brazil,
Russia, And South Africa Rather Than The United States Alone.
a. True
b. False
Answer: True
6. The Openness And Proliferation Of Globalization And Free Trade Rules Can Best Be Attributed To The
Interwar Period Between World War I And Ii.
a. True
b. False
Answer: False
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,Name: Class: Date:
Chapter 01: The Rise of Globalization
7. As Part Of The World Bank’s Strategic Framework, There Are Five Focus Areas That Accommodate And
Facilitate The Globalization Process Including Its Analytical And Advisory Role Supporting National Policies To
Strengthen Free Market Institutions And Infrastructure That Has Provided The Potential For Creating Large Gains
From Trade.
a. True
b. False
Answer: True
8. For The World Trade Organization, Increasing Trade Barriers Has Been One Of The Most Simple Ways To
Encourage Trade And Globalization.
a. True
b. False
Answer: False
9. The Foundations Of The Globalized Business World Are Political—And So Are The Biggest Threats To The
System.
a. True
b. False
Answer: True
10. Countries That Have Successfully Adapted To Globalization Realize That They Cannot Succeed Without
High-Quality Government Management At Home.
a. True
b. False
Answer: True
11. In Communist And State-Controlled Economies Like Those In Central Asia Property Rights Either Do Not
Exist Or Are Not Well Defined Which Discourages Domestic And Foreign Investors From Making Long-Term
Commitments In These Countries.
a. True
b. False
Answer: True
12. Globalized Economies Like New Zealand And Singapore Rank At The Top In Index For Absence Of
Corruption By Transparency International.
a. True
b. False
Answer: True
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, Name: Class: Date:
Chapter 01: The Rise of Globalization
13. Text Messaging Will Likely Be An Unimportant Component Of Emerging Economies' Mobile Phone Usage
Because Most People In These Countries Cannot Read Or Write.
a. True
b. False
Answer: False
14. Critics Argue That Open Trade And Foreign Direct Investment Always Take Jobs From Workers In Developing
Economies And Transfer Them To Workers In Advanced Industrial Countries Which Leave The Workers In The
Developing Country, Out Of Work.
a. True
b. False
Answer: False
15. There Appears To Be a Clear Connection Between Economic Freedom And Political Freedom.
a. True
b. False
Answer: True
16. Brazilian Juice, a Manufacturer Of Healthy Fruit Juices In Brazil, Sells Juice In Six Different Countries Including
United States. Brazilian Juice Is Engaging In
a. Economic Development In United States.
b. Exercising Nontariff Barriers In Brazil.
c. Unfair Trade Practices.
d. Globalization.
e. The World Trade Bank Group.
Answer: d
17. Which Of The Following Is Not a Key Aspect Of Globalization?
a. The Elimination Of Barriers To Trade
b. Investment
c. Financial Independence
d. Culture
e. Information Technology
Answer: c
Copyright Cengage Learning. Powered by Cognero. Page 3
With All Chapter Questions And Detailed Correct Answers 100% Complete
Solution
,Name: Class: Date:
Chapter 01: The Rise of Globalization
1. With Business Becoming Increasingly Global, Its Success, Fortunately, Depends Only On The Domestic
Environment.
a. True
b. False
Answer: False
2. Key Aspects Of Globalization Include The Elimination Of Barriers To Trade And Information Technology.
a. True
b. False
Answer: True
3. The World Economy Is Quickly Shifting Away From Countries With Emerging Economies.
a. True
b. False
Answer: False
4. The “Soft” Qualities Essential To Globalization Include Openness, Protectionism, Accountability,
Connectivity, Democracy, And Centralization.
a. True
b. False
Answer: False
5. A Sustainable Decoupling Process Would Eventually Lead To a Multi-Polar World—a World Economy In
Which The Engines Of Growth Could Comprise The United States, The European Union, China, India, Brazil,
Russia, And South Africa Rather Than The United States Alone.
a. True
b. False
Answer: True
6. The Openness And Proliferation Of Globalization And Free Trade Rules Can Best Be Attributed To The
Interwar Period Between World War I And Ii.
a. True
b. False
Answer: False
Copyright Cengage Learning. Powered by Cognero. Page 1
,Name: Class: Date:
Chapter 01: The Rise of Globalization
7. As Part Of The World Bank’s Strategic Framework, There Are Five Focus Areas That Accommodate And
Facilitate The Globalization Process Including Its Analytical And Advisory Role Supporting National Policies To
Strengthen Free Market Institutions And Infrastructure That Has Provided The Potential For Creating Large Gains
From Trade.
a. True
b. False
Answer: True
8. For The World Trade Organization, Increasing Trade Barriers Has Been One Of The Most Simple Ways To
Encourage Trade And Globalization.
a. True
b. False
Answer: False
9. The Foundations Of The Globalized Business World Are Political—And So Are The Biggest Threats To The
System.
a. True
b. False
Answer: True
10. Countries That Have Successfully Adapted To Globalization Realize That They Cannot Succeed Without
High-Quality Government Management At Home.
a. True
b. False
Answer: True
11. In Communist And State-Controlled Economies Like Those In Central Asia Property Rights Either Do Not
Exist Or Are Not Well Defined Which Discourages Domestic And Foreign Investors From Making Long-Term
Commitments In These Countries.
a. True
b. False
Answer: True
12. Globalized Economies Like New Zealand And Singapore Rank At The Top In Index For Absence Of
Corruption By Transparency International.
a. True
b. False
Answer: True
Copyright Cengage Learning. Powered by Cognero. Page 2
, Name: Class: Date:
Chapter 01: The Rise of Globalization
13. Text Messaging Will Likely Be An Unimportant Component Of Emerging Economies' Mobile Phone Usage
Because Most People In These Countries Cannot Read Or Write.
a. True
b. False
Answer: False
14. Critics Argue That Open Trade And Foreign Direct Investment Always Take Jobs From Workers In Developing
Economies And Transfer Them To Workers In Advanced Industrial Countries Which Leave The Workers In The
Developing Country, Out Of Work.
a. True
b. False
Answer: False
15. There Appears To Be a Clear Connection Between Economic Freedom And Political Freedom.
a. True
b. False
Answer: True
16. Brazilian Juice, a Manufacturer Of Healthy Fruit Juices In Brazil, Sells Juice In Six Different Countries Including
United States. Brazilian Juice Is Engaging In
a. Economic Development In United States.
b. Exercising Nontariff Barriers In Brazil.
c. Unfair Trade Practices.
d. Globalization.
e. The World Trade Bank Group.
Answer: d
17. Which Of The Following Is Not a Key Aspect Of Globalization?
a. The Elimination Of Barriers To Trade
b. Investment
c. Financial Independence
d. Culture
e. Information Technology
Answer: c
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