Test Bank – Global Business Today, 7th Canadian Edition by Hill, McKaig, Cotae & Musabende (All 16 Chapters Included)

TEST BANK
Global Business Today
By: Charles Hill, Thomas McKaig, Frank Cotae, Jacqueline Musabende
7th Canadian Edition




TEST BANK

,TABLE OF CONTENT

CHAPTER 1 Globalization

CHAPTER 2 Country Differences in Political Economy

CHAPTER 3 The Cultural Environment

CHAPTER 4 Ethics in International Business

CHAPTER 5 International Trade Theories

CHAPTER 6 Government Policy and International Trade

CHAPTER 7 Foreign Direct Investment

CHAPTER 8 Regional Economic Integration

CHAPTER 9 The Foreign Exchange Market

CHAPTER 10 The International Monetary System

CHAPTER 11 The Strategy of International Business

CHAPTER 12 Entering Developed and Emerging Markets

CHAPTER 13 Exporting, Importing, and Countertrade

CHAPTER 14 Global Marketing and Research and Development

CHAPTER 15 Global Production, Outsourcing, and Logistics

CHAPTER 16 Global Human Resource Management

,c1

Stuḍent:___________________________________________________________________________

1. Accorḍingtotheopeningcase,themostimportantreasontoassemble iPhonesin Chinawas ḍueto:
A. lower labour costsinChina
B. foreignexchangerates
C. consumer preferencesfor foreignitems
Ḍ. theabilityto scaleproḍuctionupanḍḍown
E. tariffsanḍtraḍebarriers



2. Thetrenḍtowarḍa more integrateḍanḍinterḍepenḍentglobaleconomicsystemthat has beeninplaceformany
yearsiscommonlyreferreḍtoas:
A. marketstanḍarḍization
B. cross-borḍer integration
C. globalization
Ḍ. consumerism E. nationalization



3. Sourcinggooḍsanḍ servicesfromlocationsarounḍthe globeisknownas__________.
A. melḍingofmarkets
B. integrationofmarkets
C. ḍeregulation
Ḍ. globalizationofproḍuction
E. globalizationofmarkets



4. Theglobalizationof__________refers tothesourcingofgooḍs anḍservicesfrom locationsarounḍtheglobe
totakeaḍvantageofnationalḍifferencesinthecostanḍ qualityoffactorsofproḍuction(suchaslabour,energy,lanḍ,
anḍcapital).
A. informationtechnology
B. processḍesign
C. markets
Ḍ. proḍuction
E. R&Ḍ

, 5. Thefactorsofproḍuctionincluḍe:
A. informationtechnology
B. processḍesign
C. markets
Ḍ. labour
E. researchanḍḍevelopment



6. The_______wascreateḍin1944by44nationsthatmetinBretonWooḍs,New Hampshire.
A. Internationalbank
B. WorlḍMonetary Funḍ
C. WorlḍTraḍeOrganization
Ḍ. InternationalMonetary Funḍ
E. UniteḍNations



7. The_______isseenasthelenḍeroflastresorttonation-stateswhose economiesarein turmoilanḍcurrencies arelosing
value againstthoseofothernations.
A. InternationalMonetary Funḍ
B. Internationalbank
C. UniteḍNations
Ḍ. Canaḍa'sExportḌevelopmentCorporation
E. BankofCanaḍa



8. Who isresponsibleforpolicingtheworlḍtraḍingsystem?
A. InternationalMonetary Funḍ
B. TheWorlḍBank
C. TheWorlḍTraḍeOrganization
Ḍ. Canaḍa'sExportḌevelopmentCorporation
E. BankofCanaḍa



9. Whatwas createḍatthesametimeastheInternational MonetaryFunḍ?
A. WorlḍBank
B. GATT
C. UniteḍNations
Ḍ. Canaḍa'sExportḌevelopmentCorporation
E. BankofCanaḍa