,Name: Class: Date:
Chapterg01:gThegRisegofgGlobalization
1. Withgbusinessgbecominggincreasinglygglobal,gitsgsuccess,gfortunately,gdependsgonlygongthegdomesticgenvironment.
a. True
b. False
ANSWER:g False
2. Keygaspectsgofgglobalizationgincludegthegeliminationgofgbarriersgtogtradegandginformationgtechnology.
a. True
b. False
ANSWER:g True
3. Thegworldgeconomygisgquicklygshiftinggawaygfromgcountriesgwithgemerginggeconomies.
a. True
b. False
ANSWER:g False
4. Theg“soft”gqualitiesgessentialgtogglobalizationgincludegopenness,gprotectionism,gaccountability,gconnectivit
y,gdemocracy,gandgcentralization.
a. True
b. False
ANSWER:g False
5. Agsustainablegdecouplinggprocessgwouldgeventuallygleadgtogagmulti-polargworld—
agworldgeconomygingwhichgthegenginesgofggrowthgcouldgcomprisegthegUnitedgStates,gthegEuropeangUnion,gChina
,gIndia,gBrazil,gRussia,gandgSouthgAfricagrathergthangthegUnitedgStatesgalone.
a. True
b. False
ANSWER:g True
6. Thegopennessgandgproliferationgofgglobalizationgandgfreegtradegrulesgcangbestgbegattributedgtogtheginterwargperi
odgbetweengWorldgWargIgandgII.
a. True
b. False
ANSWER:g False
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,Name: Class: Date:
Chapterg01:gThegRisegofgGlobalization
7. AsgpartgofgthegWorldgBank’sgStrategicgFramework,gtheregaregfivegfocusgareasgthatgaccommodategandgfacilitategt
hegglobalizationgprocessgincludinggitsganalyticalgandgadvisorygrolegsupportinggnationalgpoliciesgtogstrengthengfreegm
arketginstitutionsgandginfrastructuregthatghasgprovidedgthegpotentialgforgcreatingglargeggainsgfromgtrade.
a. True
b. False
ANSWER:g True
8. ForgthegWorldgTradegOrganization,gincreasinggtradegbarriersghasgbeengonegofgthegmostgsimplegwaysgtogencoura
gegtradegandgglobalization.
a. True
b. False
ANSWER:g False
9. Thegfoundationsgofgthegglobalizedgbusinessgworldgaregpolitical—andgsogaregthegbiggestgthreatsgtogthegsystem.
a. True
b. False
ANSWER:g True
10. Countriesgthatghavegsuccessfullygadaptedgtogglobalizationgrealizegthatgtheygcannotgsucceedgwithoutghigh-
qualityggovernmentgmanagementgatghome.
a. True
b. False
ANSWER:g True
11. Ingcommunistgandgstate-
controlledgeconomiesglikegthosegingCentralgAsiagpropertygrightsgeithergdognotgexistgorgaregnotgwellgdefinedgwhic
hgdiscouragesgdomesticgandgforeignginvestorsgfromgmakingglong-termgcommitmentsgingthesegcountries.
a. True
b. False
ANSWER:g True
12. GlobalizedgeconomiesglikegNewgZealandgandgSingaporegrankgatgthegtopgingindexgforgabsencegofgcorruptiong
bygTransparencygInternational.
a. True
b. False
ANSWER:g True
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, Name: Class: Date:
Chapterg01:gThegRisegofgGlobalization
13. Textgmessaginggwillglikelygbegangunimportantgcomponentgofgemerginggeconomies'gmobilegphonegusagegbecausegmo
stgpeoplegingthesegcountriesgcannotgreadgorgwrite.
a. True
b. False
ANSWER:g False
14. Criticsgarguegthatgopengtradegandgforeigngdirectginvestmentgalwaysgtakegjobsgfromgworkersgingdevelopinggeconomi
esgandgtransfergthemgtogworkersgingadvancedgindustrialgcountriesgwhichgleavegthegworkersgingthegdevelopinggcoun
try,goutgofgwork.
a. True
b. False
ANSWER:g False
15. Theregappearsgtogbegagcleargconnectiongbetweengeconomicgfreedomgandgpoliticalgfreedom.
a. True
b. False
ANSWER:g True
16. BraziliangJuice,gagmanufacturergofghealthygfruitgjuicesgingBrazil,gsellsgjuicegingsixgdifferentgcountriesgincludinggUnit
edgStates.gBraziliangjuicegisgengaginggin
a. economicgdevelopmentgingUnitedgStates.
b. exercisinggnontariffgbarriersgingBrazil.
c. unfairgtradegpractices.
d. globalization.
e. thegWorldgTradegBankgGroup.
ANSWER:g d
17. WhichgofgthegfollowinggisgNOTgagkeygaspectgofgglobalization?
a. Thegeliminationgofgbarriersgtogtrade
b. Investment
c. Financialgindependence
d. Culture
e. Informationgtechnology
ANSWER:g c
CopyrightgCengagegLearning.gPoweredgbygCogne Pageg3
ro.
Chapterg01:gThegRisegofgGlobalization
1. Withgbusinessgbecominggincreasinglygglobal,gitsgsuccess,gfortunately,gdependsgonlygongthegdomesticgenvironment.
a. True
b. False
ANSWER:g False
2. Keygaspectsgofgglobalizationgincludegthegeliminationgofgbarriersgtogtradegandginformationgtechnology.
a. True
b. False
ANSWER:g True
3. Thegworldgeconomygisgquicklygshiftinggawaygfromgcountriesgwithgemerginggeconomies.
a. True
b. False
ANSWER:g False
4. Theg“soft”gqualitiesgessentialgtogglobalizationgincludegopenness,gprotectionism,gaccountability,gconnectivit
y,gdemocracy,gandgcentralization.
a. True
b. False
ANSWER:g False
5. Agsustainablegdecouplinggprocessgwouldgeventuallygleadgtogagmulti-polargworld—
agworldgeconomygingwhichgthegenginesgofggrowthgcouldgcomprisegthegUnitedgStates,gthegEuropeangUnion,gChina
,gIndia,gBrazil,gRussia,gandgSouthgAfricagrathergthangthegUnitedgStatesgalone.
a. True
b. False
ANSWER:g True
6. Thegopennessgandgproliferationgofgglobalizationgandgfreegtradegrulesgcangbestgbegattributedgtogtheginterwargperi
odgbetweengWorldgWargIgandgII.
a. True
b. False
ANSWER:g False
CopyrightgCengagegLearning.gPoweredgbygCogne Pageg1
ro.
,Name: Class: Date:
Chapterg01:gThegRisegofgGlobalization
7. AsgpartgofgthegWorldgBank’sgStrategicgFramework,gtheregaregfivegfocusgareasgthatgaccommodategandgfacilitategt
hegglobalizationgprocessgincludinggitsganalyticalgandgadvisorygrolegsupportinggnationalgpoliciesgtogstrengthengfreegm
arketginstitutionsgandginfrastructuregthatghasgprovidedgthegpotentialgforgcreatingglargeggainsgfromgtrade.
a. True
b. False
ANSWER:g True
8. ForgthegWorldgTradegOrganization,gincreasinggtradegbarriersghasgbeengonegofgthegmostgsimplegwaysgtogencoura
gegtradegandgglobalization.
a. True
b. False
ANSWER:g False
9. Thegfoundationsgofgthegglobalizedgbusinessgworldgaregpolitical—andgsogaregthegbiggestgthreatsgtogthegsystem.
a. True
b. False
ANSWER:g True
10. Countriesgthatghavegsuccessfullygadaptedgtogglobalizationgrealizegthatgtheygcannotgsucceedgwithoutghigh-
qualityggovernmentgmanagementgatghome.
a. True
b. False
ANSWER:g True
11. Ingcommunistgandgstate-
controlledgeconomiesglikegthosegingCentralgAsiagpropertygrightsgeithergdognotgexistgorgaregnotgwellgdefinedgwhic
hgdiscouragesgdomesticgandgforeignginvestorsgfromgmakingglong-termgcommitmentsgingthesegcountries.
a. True
b. False
ANSWER:g True
12. GlobalizedgeconomiesglikegNewgZealandgandgSingaporegrankgatgthegtopgingindexgforgabsencegofgcorruptiong
bygTransparencygInternational.
a. True
b. False
ANSWER:g True
CopyrightgCengagegLearning.gPoweredgbygCogne Pageg2
ro.
, Name: Class: Date:
Chapterg01:gThegRisegofgGlobalization
13. Textgmessaginggwillglikelygbegangunimportantgcomponentgofgemerginggeconomies'gmobilegphonegusagegbecausegmo
stgpeoplegingthesegcountriesgcannotgreadgorgwrite.
a. True
b. False
ANSWER:g False
14. Criticsgarguegthatgopengtradegandgforeigngdirectginvestmentgalwaysgtakegjobsgfromgworkersgingdevelopinggeconomi
esgandgtransfergthemgtogworkersgingadvancedgindustrialgcountriesgwhichgleavegthegworkersgingthegdevelopinggcoun
try,goutgofgwork.
a. True
b. False
ANSWER:g False
15. Theregappearsgtogbegagcleargconnectiongbetweengeconomicgfreedomgandgpoliticalgfreedom.
a. True
b. False
ANSWER:g True
16. BraziliangJuice,gagmanufacturergofghealthygfruitgjuicesgingBrazil,gsellsgjuicegingsixgdifferentgcountriesgincludinggUnit
edgStates.gBraziliangjuicegisgengaginggin
a. economicgdevelopmentgingUnitedgStates.
b. exercisinggnontariffgbarriersgingBrazil.
c. unfairgtradegpractices.
d. globalization.
e. thegWorldgTradegBankgGroup.
ANSWER:g d
17. WhichgofgthegfollowinggisgNOTgagkeygaspectgofgglobalization?
a. Thegeliminationgofgbarriersgtogtrade
b. Investment
c. Financialgindependence
d. Culture
e. Informationgtechnology
ANSWER:g c
CopyrightgCengagegLearning.gPoweredgbygCogne Pageg3
ro.