IBUS 401 TEST 1 Exam Questions & Answers | 100%
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Terms in this set (79)
Which of the following imperfect markets theory
theories identifies the
non-transferability of
resources as a reason for
international business?
(a) theory of comparative
advantage
(b) imperfect markets
theory
(c) product cycle theory
(d) non of the above
TRUE/FALSE: Licensing is True
the process by which a
firm provides its
technology (copyrights,
patents, trademarks, or
trade names) in exchange
for fees or some other
specified benefits.
,TRUE/FALSE: The TRUE
Sarbanes-Oxley Act (SOX)
was enacted in 2002
required MNCs and other
firms to implement an
internal reporting process
that could be easily
monitored by executives
and the board of
directors.
TRUE/FALSE: A FALSE
centralized management
style, where major
decisions about a foreign
subsidiary are made by
the parent company,
results in an increase in
agency costs.
The primary component balance of trade
of the current account is
the:
(a) balance of trade
(b) balance of money
market flows
(c) balance of capital
market flows
(d) unilateral transfers
, Which of the following is it could attempt to reduce its home currency's value
mentioned in the text as a
possible means by which
the government may
attempt to improve its
balance of trade position
(increase its exports or
reduce its imports)
(a) it could attempt to
reduce its home
currency's value
(b) the government could
require firms to engage in
outsourcing
(c) the gov't could require
that its local firms pursue
outsourcing
(d) all of the above are
mentioned
T/F: A balance of trade True
deficit indicates an excess
of imports over exports
T/F: A weakening of the False
U.S. dollar with respect to
the British pound would
likely reduce U.S. exports
to the U.K. and increase
U.S. imports from the U.K.
Assume that a bank's bid about 4.26%
rate on Swiss francs is $.45
and its ask rate is $.47. Its
bid-ask percentage
spread is:
Verified solutions |Questions with Correct
Answers 2025 latest update!!
Save
Terms in this set (79)
Which of the following imperfect markets theory
theories identifies the
non-transferability of
resources as a reason for
international business?
(a) theory of comparative
advantage
(b) imperfect markets
theory
(c) product cycle theory
(d) non of the above
TRUE/FALSE: Licensing is True
the process by which a
firm provides its
technology (copyrights,
patents, trademarks, or
trade names) in exchange
for fees or some other
specified benefits.
,TRUE/FALSE: The TRUE
Sarbanes-Oxley Act (SOX)
was enacted in 2002
required MNCs and other
firms to implement an
internal reporting process
that could be easily
monitored by executives
and the board of
directors.
TRUE/FALSE: A FALSE
centralized management
style, where major
decisions about a foreign
subsidiary are made by
the parent company,
results in an increase in
agency costs.
The primary component balance of trade
of the current account is
the:
(a) balance of trade
(b) balance of money
market flows
(c) balance of capital
market flows
(d) unilateral transfers
, Which of the following is it could attempt to reduce its home currency's value
mentioned in the text as a
possible means by which
the government may
attempt to improve its
balance of trade position
(increase its exports or
reduce its imports)
(a) it could attempt to
reduce its home
currency's value
(b) the government could
require firms to engage in
outsourcing
(c) the gov't could require
that its local firms pursue
outsourcing
(d) all of the above are
mentioned
T/F: A balance of trade True
deficit indicates an excess
of imports over exports
T/F: A weakening of the False
U.S. dollar with respect to
the British pound would
likely reduce U.S. exports
to the U.K. and increase
U.S. imports from the U.K.
Assume that a bank's bid about 4.26%
rate on Swiss francs is $.45
and its ask rate is $.47. Its
bid-ask percentage
spread is:
