Introduction to Global Business: Understanding
a a a a a a
the International Environment & Global Busines
a a a a a
s 3rd Edition (Julian Gaspar, 2022), All Chapters
a a a a a a a a
1-15
Test Bank - a a
Introduction to Global Business: Understanding
a a a a a a
the International Environment & Global Busines
a a a a a
s 3rd Edition (Julian Gaspar, 2022), All Chapters
a a a a a a a a
1-15
,Name: Class: Date:
Chaptera01:aTheaRiseaofa Globalization
1. Withabusinessabecomingaincreasinglyaglobal,aitsasuccess,afortunately,adependsaonlyaonatheadomesticaenvironment.
a. True
b. False
ANSWER:a False
2. Keyaaspectsaofaglobalizationaincludeatheaeliminationaofabarriersatoatradeaandainformationatechnology.
a. True
b. False
ANSWER:a True
3. Theaworldaeconomyaisaquicklyashiftingaawayafromacountriesawithaemergingaeconomies.
a. True
b. False
ANSWER:a False
4. Thea“soft”aqualitiesaessentialatoaglobalizationaincludeaopenness,aprotectionism,aaccountability,aconnectivity,a
democracy,aandacentralization.
a. True
b. False
ANSWER:a False
5. Aasustainableadecouplingaprocessawouldaeventuallyaleadatoaaamulti-polaraworld—
aaworldaeconomyainawhichatheaenginesaofagrowthacouldacompriseatheaUnitedaStates,atheaEuropeanaUnion,aChina,aIn
dia,aBrazil,aRussia,aandaSouthaAfricaaratherathanatheaUnitedaStatesaalone.
a. True
b. False
ANSWER:a True
6. Theaopennessaandaproliferationaofaglobalizationaandafreeatradearulesacanabestabeaattributedatoatheainterwaraperiodab
etweenaWorldaWaraIaandaII.
a. True
b. False
ANSWER:a False
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, Name: Class: Date:
Chaptera01:aTheaRiseaofa Globalization
7. AsapartaofatheaWorldaBank’saStrategicaFramework,athereaareafiveafocusaareasathataaccommodateaandafacilitateatheag
lobalizationaprocessaincludingaitsaanalyticalaandaadvisoryaroleasupportinganationalapoliciesatoastrengthenafreeamarketain
stitutionsaandainfrastructureathatahasaprovidedatheapotentialaforacreatingalargeagainsafromatrade.
a. True
b. False
ANSWER:a True
8. ForatheaWorldaTradeaOrganization,aincreasingatradeabarriersahasabeenaoneaofatheamostasimpleawaysatoaencourageat
radeaandaglobalization.
a. True
b. False
ANSWER:a False
9. Theafoundationsaofatheaglobalizedabusinessaworldaareapolitical—andasoaareatheabiggestathreatsatoatheasystem.
a. True
b. False
ANSWER:a True
10. Countriesathatahaveasuccessfullyaadaptedatoaglobalizationarealizeathatatheyacannotasucceedawithoutahigh-
qualityagovernmentamanagementaatahome.
a. True
b. False
ANSWER:a True
11. Inacommunistaandastate-
controlledaeconomiesalikeathoseainaCentralaAsiaapropertyarightsaeitheradoanotaexistaoraareanotawelladefinedawhichad
iscouragesadomesticaandaforeignainvestorsafromamakingalong-termacommitmentsainatheseacountries.
a. True
b. False
ANSWER:a True
12. GlobalizedaeconomiesalikeaNewaZealandaandaSingaporearankaatatheatopainaindexaforaabsenceaofacorruptionabya
TransparencyaInternational.
a. True
b. False
ANSWER:a True
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