TEST BANK For Global Business Today, 12th Edition By Charles Hill, Verified Chapters 1 - 17, Complete Newest Version

TEST BANK For Global Business Today,
l8 l8 l8 l8 l8 l 8




12th Edition By Charles Hill Chapters 1 - 17
l8 l8 l8 l8 l8 l8 l8 l8

,Chapter One Globalization
l8 l8




PART TWO National Differences
l8 l8 l8



Chapter Two National Differences in Political, Economic, and Legal Systems C
l8 l8 l8 l8 l8 l8 l8 l8 l8 l8



hapter Three National Differences in Economic Development
l8 l8 l8 l8 l8 l8



Chapter Four Differences in Culture
l8 l8 l8 l8



Chapter Five Ethics, Corporate Social Responsibility, and Sustainability
l8 l8 l8 l8 l8 l8 l8




PART THREE The Global Trade and Investment Environment Ch
l8 l8 l8 l8 l8 l8 l8 l8



apter Six International Trade Theory
l8 l8 l8 l8



Chapter Seven Government Policy and International Trade Chapt
l8 l8 l8 l8 l8 l8 l8



er Eight Foreign Direct Investment
l8 l8 l8 l8



Chapter Nine Regional Economic Integration
l8 l8 l8 l8




PART FOUR The Global Monetary System Chapt
l8 l8 l8 l8 l8 l8



er Ten The Foreign Exchange Market
l8 l8 l8 l8 l8



Chapter Eleven The International Monetary System
l8 l8 l8 l8 l8




PART FIVE The Strategy of International Business Chapt
l8 l8 l8 l8 l8 l8 l8



er Twelve The Strategy of International Business
l8 l8 l8 l8 l8 l8



Chapter Thirteen Entering Developed and Emerging Markets
l8 l8 l8 l8 l8 l8




PART SIX International Business Functions
l8 l8 l8 l8



Chapter Fourteen Exporting, Importing, and Countertrade Chapt
l8 l8 l8 l8 l8 l8



er Fifteen Global Production and Supply Chain Management Cha
l8 l8 l8 l8 l8 l8 l8 l8



pter Sixteen Global Marketing and Business Analytics
l8 l8 l8 l8 l8 l8



Chapter Seventeen Global Human Resource Management
l8 l8 l8 l8 l8

,Answers are at the end of each chapter
l8 l8 l8 l8 l8 l8 l8




Chapter 01 Globalization Tru
l8 l8 l8




e / False Questions
l8 l8 l8




1. As a result of globalization, we have been moving toward a world in which national economie
l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8


s are relatively self-contained entities.
l8 l8 l8 l8




True False

2. By offering the same basic product worldwide, firms help to create a global market
l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8




. True False
l8




3. A company has to be the size of a multinational giant to facilitate, and benefit from, th
l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8


e globalization of markets.
l8 l8 l8




True False

4. As a result of globalization, companies rarely need to customize marketing strategies, produc
l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8


t features, and operating practices in different countries.
l8 l8 l8 l8 l8 l8 l8




True False

5. Globalization has resulted in greater uniformity replacing diversity across national markets
l8 l8 l8 l8 l8 l8 l8 l8 l8 l8




. True False
l8




6. As firms follow each other around the world, they bring with them many of the assets tha
l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8


t served them well in other national markets. Thus, greater diversity replaces uniformity.
l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8




True False

7. Substantial impediments, such as barriers to foreign direct investment, make it difficult for firm
l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8


s to achieve the optimal dispersion of their productive activities to locations around the globe.
l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8




True False

8. The World Trade Organization, the International Monetary Fund and its sister institution th
l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8


e World Bank, and the United Nations were all created by voluntary agreement between individual
l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8


nation- states.
l8 l8




True False

, 9. The International Monetary Fund and the World Bank were both created in 1944 by 44 nation
l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8


s that met at Bretton Woods, New Hampshire.
l8 l8 l8 l8 l8 l8 l8




True False

10. The PWTO Pis Pseen Pas Pthe Plender Pof Plast Presort Pto Pnation-
l8 l8 l8 l8 l8 l8 l8 l8 8
l l8 l8


states Pwhose Peconomies Pare Pin PturmoilPand Pwhose Pcurrencies Pare Plosing Pvalue Pagainst Pt
l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8


hose Pof Pother Pnations.
l8 l8 l8




True False

11. The PIMF Pis Pless Pcontroversial Pthan Pits Psister Pinstitution, Pthe
l8 l8 l8 l8 l8 l8 l8 l8 l8 l8




PWorldl8PBank.PTrue False

12. In Preturn Pfor Ploans, Pthe PIMF Prequires Pnation-
l8 l8 l8 l8 8
l l8 l8


states Pto Padopt Pspecific Peconomic Ppolicies Paimed PatPreturning Ptheir Ptroubled Peconomies Pto Pst
l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8


ability Pand Pgrowth. l8 l8




True False

13. Foreign Pdirect Pinvestment P(FDI) Poccurs Pwhen Pa Pfirm Pinvests Presources Pin Pbusiness
l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8


PactivitiesPoutside Pits Phome Pcountry. l8 l8 l8




True False

14. After PWorld PWar PII, Pthe Padvanced Pnations Pof Pthe PWest Pcommitted Pthemselves Pto
l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l


PincreasingPbarriers Pto Pthe Pfree Pflow Pof Pgoods, Pservices, Pand Pcapital Pbetween Pnations.
8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8




True False

15. The PUruguay PRound, Pheld Punder Pthe Pumbrella Pof PGATT, Pextended PGATT Pto Pcover
l8 l8 l8 l8 l8 8
l l8 l8 l8 l8 l8 l8 l8


Pservices Pas PwellPas Pmanufactured Pgoods.
l8 l8 l8 l8




True False

16. The Plowering Pof Ptrade Pand Pinvestment Pbarriers Pallows Pfirms Pto Pbase Pproduction Pat
l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8


Pthe PoptimalPlocation Pfor Pthat Pactivity.
l8 l8 l8 l8




True False

17. As Pa Presult Pof Pinternational Ptrade, Pthe Peconomies Pof Pthe Pworld’s Pnation-
l8 l8 l8 l8 l8 l8 l8 l8 l8 8
l l8


states Pare Pbecoming PlessPintertwined.
l8 l8 l8




True False

18. The Pglobalization Pof Pmarkets Pand Pproduction Pand Pthe Presulting Pgrowth Pof Pworld
l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8


Ptrade, PforeignPdirect Pinvestment, Pand Pimports Pall Pimply Pthat Pfirms Pare Pfinding Pit Peasier Pt
l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8 l8


o Pprotect Pthemselves Pfrom
l8 l8 l8




the Pattack Pof Pforeign Pcompetitors.
l8 l8 l8 l8