TEST BANK
INTERNATIONAL BUSINESS
,Table Of Contents
1 Globalization 1
2 Analytical Tools For International Business 17
3 Political Systems 32
4 The Legal Environment 55
5 Economic Systems 75
6 Currency And Foreign Exchange 97
7 Trade 114
8 Culture 138
9 Sustainability 157
10 Poverty 176
11 Technological Change And Infrastructure 195
12 Global Innovation And Intellectual Property 220
13 Country Selection And Entry Modes 240
14 International Strategy 261
15 International Organizational Structures 278
16 Global Leadership 299
17 Global Marketing 315
18 Global Operations And Supply-Chain Management 334
19 Global Human Resource Management 355
20 Global Finance And Accounting 375
,Chapter 01: Globalization
Multiple Choice
1. Borivia Is A Country In Eastern Europe That Was Ruled By Auleria, A Country In
Western Europe, For Over A Century. It Gained Independence From Auleria In 1923.
Now, Borivia Has Its Own Government. Given This Information, It Can Be Said That
Borivia Is A(N) .
A. Monopoly
B. Monarchy
C. Sovereign Nation
D. Emerging Market
Answer: C
Learning Objective: 1.1
Difficulty: Medium
Aacsb: Analytic
Bloom‘s Taxonomy: Application
2. Dasom Inc., A South Korean Smartphone Manufacturer, Sells Its Smartphones In 64
Countries Around The World And Has Offices In 36 Counties. Dasom‘s Business
Expansion Best Exemplifies .
A. Globalization
B. Nationalization
C. Subsidization
D. Commodification
Answer: A
Learning Objective: 1.1
Difficulty: Medium
Aacsb: Analytic
Bloom‘s Taxonomy: Application
3. In 1995, The Government Of Duyat, A Country In Asia, Began Major Economic
Reforms That Allowed Free Trade Relations With Other Countries. Duyat Started
Exporting Iron Ore And Limestone To Other Countries Around The World. Its Domestic
Market Strengthened, And It Experienced An Economic Boost. This Scenario Best
Exemplifies .
A. Nationalization
B. Subsidization
, C. Commodification
D. Globalization
Answer: D
Learning Objective: 1.1
Difficulty: Medium
Aacsb: Analytic
Bloom‘s Taxonomy: Application
4. The Commerce Coalition (Cc) Is An Intergovernmental Organization Operating In
South Asia That Consists Of Seven Member Nations. The Cc Was Established To
Enable Free Trade Across These Seven Countries Of South Asia. A Citizen Of Any Of
The Member Nations Can Easily Purchase Goods Produced In Another Member Nation
Without Paying Additional Taxes. Given This Information, It Can Be Said That The
Large Market Created By The Cc Is An Example Of A(N) .
A. Monopolistic Market
B. Globalized Market
C. Oligopolistic Market
D. Gray Market
Answer: B
Learning Objective: 1.1
Difficulty: Medium
Aacsb: Analytic
Bloom‘s Taxonomy: Application
5. Spain And Italy Are Both Members Of The European Union. Nayeli, A Spaniard, Is
Able To Purchase Italian-Made Bags From A Handbag Store In Spain Without Paying
Additional Taxes. The Market Created By The European Union Is A(N) .
A. Monopolistic Market
B. Oligopolistic Market
C. Gray Market
D. Globalized Market
Answer: D
Learning Objective: 1.1
Difficulty: Medium
Aacsb: Analytic
Bloom‘s Taxonomy: Application
INTERNATIONAL BUSINESS
,Table Of Contents
1 Globalization 1
2 Analytical Tools For International Business 17
3 Political Systems 32
4 The Legal Environment 55
5 Economic Systems 75
6 Currency And Foreign Exchange 97
7 Trade 114
8 Culture 138
9 Sustainability 157
10 Poverty 176
11 Technological Change And Infrastructure 195
12 Global Innovation And Intellectual Property 220
13 Country Selection And Entry Modes 240
14 International Strategy 261
15 International Organizational Structures 278
16 Global Leadership 299
17 Global Marketing 315
18 Global Operations And Supply-Chain Management 334
19 Global Human Resource Management 355
20 Global Finance And Accounting 375
,Chapter 01: Globalization
Multiple Choice
1. Borivia Is A Country In Eastern Europe That Was Ruled By Auleria, A Country In
Western Europe, For Over A Century. It Gained Independence From Auleria In 1923.
Now, Borivia Has Its Own Government. Given This Information, It Can Be Said That
Borivia Is A(N) .
A. Monopoly
B. Monarchy
C. Sovereign Nation
D. Emerging Market
Answer: C
Learning Objective: 1.1
Difficulty: Medium
Aacsb: Analytic
Bloom‘s Taxonomy: Application
2. Dasom Inc., A South Korean Smartphone Manufacturer, Sells Its Smartphones In 64
Countries Around The World And Has Offices In 36 Counties. Dasom‘s Business
Expansion Best Exemplifies .
A. Globalization
B. Nationalization
C. Subsidization
D. Commodification
Answer: A
Learning Objective: 1.1
Difficulty: Medium
Aacsb: Analytic
Bloom‘s Taxonomy: Application
3. In 1995, The Government Of Duyat, A Country In Asia, Began Major Economic
Reforms That Allowed Free Trade Relations With Other Countries. Duyat Started
Exporting Iron Ore And Limestone To Other Countries Around The World. Its Domestic
Market Strengthened, And It Experienced An Economic Boost. This Scenario Best
Exemplifies .
A. Nationalization
B. Subsidization
, C. Commodification
D. Globalization
Answer: D
Learning Objective: 1.1
Difficulty: Medium
Aacsb: Analytic
Bloom‘s Taxonomy: Application
4. The Commerce Coalition (Cc) Is An Intergovernmental Organization Operating In
South Asia That Consists Of Seven Member Nations. The Cc Was Established To
Enable Free Trade Across These Seven Countries Of South Asia. A Citizen Of Any Of
The Member Nations Can Easily Purchase Goods Produced In Another Member Nation
Without Paying Additional Taxes. Given This Information, It Can Be Said That The
Large Market Created By The Cc Is An Example Of A(N) .
A. Monopolistic Market
B. Globalized Market
C. Oligopolistic Market
D. Gray Market
Answer: B
Learning Objective: 1.1
Difficulty: Medium
Aacsb: Analytic
Bloom‘s Taxonomy: Application
5. Spain And Italy Are Both Members Of The European Union. Nayeli, A Spaniard, Is
Able To Purchase Italian-Made Bags From A Handbag Store In Spain Without Paying
Additional Taxes. The Market Created By The European Union Is A(N) .
A. Monopolistic Market
B. Oligopolistic Market
C. Gray Market
D. Globalized Market
Answer: D
Learning Objective: 1.1
Difficulty: Medium
Aacsb: Analytic
Bloom‘s Taxonomy: Application
