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KIM EXAM 1 MAN 3600 Questions and
Correct Answers/ Latest Update / Already
Graded
The Nature of International Business
Ans: - all value-adding activities (including sourcing,
manufacturing, and marketing ) can be performed in
international locations.
What can international trade involve?
Ans: Products, services, capital, technology, know-how, and
labor.
How do firms internationalize?
Ans: through various entry strategies, such as exporting and
foreign direct investment (FDI)
Dimensions of International Business
Ans: - Globalization of markets
- International Trade
- International Investment
- International Business risks
All rights reserved © 2025/ 2026 |
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- Participants (firms, intermediaries, facilitators, governments)
- Foreign Market Entry Strategies
International Business
Ans: Performance of trade and investment activities by firms
across national borders
(MNE or MNC)
Globalization of Markets
Ans: ongoing economic integration and growing
interdependency of countries worldwide
International Trade
Ans: Exchange of products and services across national
borders, typically through exporting and importing
exporting
Ans: Sale of products or services to customers located abroad
Importing (or global sourcing)
All rights reserved © 2025/ 2026 |
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Ans: procurement (to obtain) of products or services from
suppliers located abroad for consumption in the home country
or a third country
International investment
Ans: The transfer of assets to another country or the
acquisition of assets in that country. Also known as 'foreign
direct investment' (FDI), we will focus on this type of
investment
International Portfolio investment
Ans: passive ownership of foreign securities such as stocks and
bonds for the purpose of generating financial returns
Leading countries in international *merchandise trade* by total annual
value in $billions
Ans: 1. China
2. US
3. Germany
4. Japan
5. France
All rights reserved © 2025/ 2026 |
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Leading countries in international *merchandise trade* by % of GDP
Ans: 1. Belgium
2. Netherlands
3. South Korea
4. Germany
5. Canada
Leading countries in international *service trade* by total annual value
in $billions
Ans: 1. US
2. China
3. Germany
4. UK
5. France
Leading countries in international *service trade* by % of GDP
Ans: 1. Ireland
2. Singapore
3. Hong Kong (China)
4. Denmark
5. Netherlands
All rights reserved © 2025/ 2026 |
KIM EXAM 1 MAN 3600 Questions and
Correct Answers/ Latest Update / Already
Graded
The Nature of International Business
Ans: - all value-adding activities (including sourcing,
manufacturing, and marketing ) can be performed in
international locations.
What can international trade involve?
Ans: Products, services, capital, technology, know-how, and
labor.
How do firms internationalize?
Ans: through various entry strategies, such as exporting and
foreign direct investment (FDI)
Dimensions of International Business
Ans: - Globalization of markets
- International Trade
- International Investment
- International Business risks
All rights reserved © 2025/ 2026 |
, Page |2
- Participants (firms, intermediaries, facilitators, governments)
- Foreign Market Entry Strategies
International Business
Ans: Performance of trade and investment activities by firms
across national borders
(MNE or MNC)
Globalization of Markets
Ans: ongoing economic integration and growing
interdependency of countries worldwide
International Trade
Ans: Exchange of products and services across national
borders, typically through exporting and importing
exporting
Ans: Sale of products or services to customers located abroad
Importing (or global sourcing)
All rights reserved © 2025/ 2026 |
, Page |3
Ans: procurement (to obtain) of products or services from
suppliers located abroad for consumption in the home country
or a third country
International investment
Ans: The transfer of assets to another country or the
acquisition of assets in that country. Also known as 'foreign
direct investment' (FDI), we will focus on this type of
investment
International Portfolio investment
Ans: passive ownership of foreign securities such as stocks and
bonds for the purpose of generating financial returns
Leading countries in international *merchandise trade* by total annual
value in $billions
Ans: 1. China
2. US
3. Germany
4. Japan
5. France
All rights reserved © 2025/ 2026 |
, Page |4
Leading countries in international *merchandise trade* by % of GDP
Ans: 1. Belgium
2. Netherlands
3. South Korea
4. Germany
5. Canada
Leading countries in international *service trade* by total annual value
in $billions
Ans: 1. US
2. China
3. Germany
4. UK
5. France
Leading countries in international *service trade* by % of GDP
Ans: 1. Ireland
2. Singapore
3. Hong Kong (China)
4. Denmark
5. Netherlands
All rights reserved © 2025/ 2026 |
