TEST BANK For Global Business Today, 12th Edition By Charles Hill, Verified Chapters 1 - 17, Complete Newest Version

TEST BANK For Global Business Today,
n n n n n n




12th Edition By Charles Hill Chapters 1 - 17
n n n n n n n n

,Chapter One Globalization
n n




PART TWO National Differences
n n n



Chapter Two National Differences in Political, Economic, and Legal Systems
n n n n n n n n n



Chapter Three National Differences in Economic Development
n n n n n n n



Chapter Four Differences in Culture
n n n n



Chapter Five Ethics, Corporate Social Responsibility, and Sustainability
n n n n n n n




PART THREE The Global Trade and Investment Environment
n n n n n n n



Chapter Six International Trade Theory
n n n n n



Chapter Seven Government Policy and International Trade
n n n n n n



Chapter Eight Foreign Direct Investment
n n n n n



Chapter Nine Regional Economic Integration
n n n n




PART FOUR The Global Monetary System
n n n n n



Chapter Ten The Foreign Exchange Market
n n n n n n



Chapter Eleven The International Monetary System
n n n n n




PART FIVE The Strategy of International Business
n n n n n n



Chapter Twelve The Strategy of International Business
n n n n n n n



Chapter Thirteen Entering Developed and Emerging Markets
n n n n n n




PART SIX International Business Functions
n n n n



Chapter Fourteen Exporting, Importing, and Countertrade
n n n n n



Chapter Fifteen Global Production and Supply Chain
n n n n n n n



Management Chapter Sixteen Global Marketing and Business
n n n n n n n



Analytics
n



Chapter Seventeen Global Human Resource Management
n n n n n

,Answers are at the end of each chapter
n n n n n n n




Chapter 01 Globalization n n




True / False Questions
n n n n




1. As a result of globalization, we have been moving toward a world in which national
n n n n n n n n n n n n n n


economies are relatively self-contained entities.
n n n n n




True False

2. By offering the same basic product worldwide, firms help to create a global
n n n n n n n n n n n n




market. True
n n False

3. A company has to be the size of a multinational giant to facilitate, and benefit from,
n n n n n n n n n n n n n n n


the globalization of markets.
n n n n




True False

4. As a result of globalization, companies rarely need to customize marketing strategies,
n n n n n n n n n n n


product features, and operating practices in different countries.
n n n n n n n n




True False

5. Globalization has resulted in greater uniformity replacing diversity across national
n n n n n n n n n




markets. True
n n False

6. As firms follow each other around the world, they bring with them many of the assets
n n n n n n n n n n n n n n n


that served them well in other national markets. Thus, greater diversity replaces uniformity.
n n n n n n n n n n n n n




True False

7. Substantial impediments, such as barriers to foreign direct investment, make it difficult for
n n n n n n n n n n n n


firms to achieve the optimal dispersion of their productive activities to locations around the globe.
n n n n n n n n n n n n n n n




True False

8. The World Trade Organization, the International Monetary Fund and its sister institution
n n n n n n n n n n n


the World Bank, and the United Nations were all created by voluntary agreement between
n n n n n n n n n n n n n n


individual nation- states.
n n n




True False

, 9. The International Monetary Fund and the World Bank were both created in 1944 by 44
n n n n n n n n n n n n n n


nations that met at Bretton Woods, New Hampshire.
n n n n n n n n




True False

10. The PWTO Pis Pseen Pas Pthe Plender Pof Plast Presort Pto Pnation-states Pwhose Peconomies
n n n n n n n n n n n n n


Pare Pin PturmoilPand Pwhose Pcurrencies Pare Plosing Pvalue Pagainst Pthose Pof Pother Pnations.
n n n n n n n n n n n n n




True False

11. The PIMF Pis Pless Pcontroversial Pthan Pits Psister Pinstitution, Pthe
n n n n n n n n n




PWorldnPBank.PTrue
n False

12. In Preturn Pfor Ploans, Pthe PIMF Prequires Pnation-states Pto Padopt Pspecific Peconomic Ppolicies
n n n n n n n n n n n n


Paimed PatPreturning Ptheir Ptroubled Peconomies Pto Pstability Pand Pgrowth.
n n n n n n n n n




True False

13. Foreign Pdirect Pinvestment P(FDI) Poccurs Pwhen Pa Pfirm Pinvests Presources Pin Pbusiness
n n n n n n n n n n n


PactivitiesPoutside Pits Phome Pcountry.
n n n n




True False

14. After PWorld PWar PII, Pthe Padvanced Pnations Pof Pthe PWest Pcommitted Pthemselves Pto
n n n n n n n n n n n n


PincreasingPbarriers Pto Pthe Pfree Pflow Pof Pgoods, Pservices, Pand Pcapital Pbetween Pnations.
n n n n n n n n n n n n




True False

15. The PUruguay PRound, Pheld Punder Pthe Pumbrella Pof PGATT, Pextended PGATT Pto Pcover
n n n n n n n n n n n n


Pservices Pas PwellPas Pmanufactured Pgoods.
n n n n n




True False

16. The Plowering Pof Ptrade Pand Pinvestment Pbarriers Pallows Pfirms Pto Pbase Pproduction Pat
n n n n n n n n n n n n


Pthe PoptimalPlocation Pfor Pthat Pactivity.
n n n n n




True False

17. As Pa Presult Pof Pinternational Ptrade, Pthe Peconomies Pof Pthe Pworld’s Pnation-states Pare
n n n n n n n n n n n n


Pbecoming PlessPintertwined.
n n




True False

18. The Pglobalization Pof Pmarkets Pand Pproduction Pand Pthe Presulting Pgrowth Pof Pworld
n n n n n n n n n n n


Ptrade, PforeignPdirect Pinvestment, Pand Pimports Pall Pimply Pthat Pfirms Pare Pfinding Pit Peasier
n n n n n n n n n n n n n


Pto Pprotect Pthemselves Pfrom
n n n n




the Pattack Pof Pforeign Pcompetitors.
n n n n