TEST BANK For Global Business Today,
pc pc pc pc pc p c
12th Edition By Charles Hill Chapters 1 - 17
pc pc pc pc pc pc pc pc
,Chapter One Globalization
pc pc
PART TWO National Differences
pc pc pc
Chapter Two National Differences in Political, Economic, and Legal Systems
pc pc pc pc pc pc pc pc pc pc
Chapter Three National Differences in Economic Development
pc pc pc pc pc pc
Chapter Four Differences in Culture
pc pc pc pc
Chapter Five Ethics, Corporate Social Responsibility, and Sustainability
pc pc pc pc pc pc pc
PART THREE The Global Trade and Investment Environment C
pc pc pc pc pc pc pc pc
hapter Six International Trade Theory
pc pc pc pc
Chapter Seven Government Policy and International Trade Chap
pc pc pc pc pc pc pc
ter Eight Foreign Direct Investment
pc pc pc pc
Chapter Nine Regional Economic Integration
pc pc pc pc
PART FOUR The Global Monetary System Chap
pc pc pc pc pc pc
ter Ten The Foreign Exchange Market
pc pc pc pc pc
Chapter Eleven The International Monetary System
pc pc pc pc pc
PART FIVE The Strategy of International Business Cha
pc pc pc pc pc pc pc
pter Twelve The Strategy of International Business
pc pc pc pc pc pc
Chapter Thirteen Entering Developed and Emerging Markets
pc pc pc pc pc pc
PART SIX International Business Functions
pc pc pc pc
Chapter Fourteen Exporting, Importing, and Countertrade Chap
pc pc pc pc pc pc
ter Fifteen Global Production and Supply Chain Management Ch
pc pc pc pc pc pc pc pc
apter Sixteen Global Marketing and Business Analytics
pc pc pc pc pc pc
Chapter Seventeen Global Human Resource Management
pc pc pc pc pc
,Answers are at the end of each chapter
pc pc pc pc pc pc pc
Chapter 01 Globalization Tr
pc pc pc
ue / False Questions
pc pc pc
1. As a result of globalization, we have been moving toward a world in which national econo
pc pc pc pc pc pc pc pc pc pc pc pc pc pc pc
mies are relatively self-contained entities.
pc pc pc pc
True False
2. By offering the same basic product worldwide, firms help to create a global mark
pc pc pc pc pc pc pc pc pc pc pc pc pc
et. True False
pc
3. A company has to be the size of a multinational giant to facilitate, and benefit from,
pc pc pc pc pc pc pc pc pc pc pc pc pc pc pc p
the globalization of markets.
c pc pc pc
True False
4. As a result of globalization, companies rarely need to customize marketing strategies, prod
pc pc pc pc pc pc pc pc pc pc pc pc
uct features, and operating practices in different countries.
pc pc pc pc pc pc pc
True False
5. Globalization has resulted in greater uniformity replacing diversity across national marke
pc pc pc pc pc pc pc pc pc pc
ts. True False
pc
6. As firms follow each other around the world, they bring with them many of the assets t
pc pc pc pc pc pc pc pc pc pc pc pc pc pc pc pc
hat served them well in other national markets. Thus, greater diversity replaces uniformity.
pc pc pc pc pc pc pc pc pc pc pc pc
True False
7. Substantial impediments, such as barriers to foreign direct investment, make it difficult for fir
pc pc pc pc pc pc pc pc pc pc pc pc pc
ms to achieve the optimal dispersion of their productive activities to locations around the globe.
pc pc pc pc pc pc pc pc pc pc pc pc pc pc
True False
8. The World Trade Organization, the International Monetary Fund and its sister institution
pc pc pc pc pc pc pc pc pc pc pc pc
the World Bank, and the United Nations were all created by voluntary agreement between indiv
pc pc pc pc pc pc pc pc pc pc pc pc pc pc
idual nation- states.
pc pc
True False
, 9. The International Monetary Fund and the World Bank were both created in 1944 by 44 nati
pc pc pc pc pc pc pc pc pc pc pc pc pc pc pc
ons that met at Bretton Woods, New Hampshire.
pc pc pc pc pc pc pc
True False
10. The PWTO Pis Pseen Pas Pthe Plender Pof Plast Presort Pto Pnation-
pc pc pc pc pc pc pc pc pc pc pc
states Pwhose Peconomies Pare Pin PturmoilPand Pwhose Pcurrencies Pare Plosing Pvalue Pagainst
pc pc pc pc pc pc pc pc pc pc pc
Pthose Pof Pother Pnations.
pc pc pc pc
True False
11. The PIMF Pis Pless Pcontroversial Pthan Pits Psister Pinstitution, Pth
pc pc pc pc pc pc pc pc pc
e PWorld PBank.PTrue False
pc pc
12. In Preturn Pfor Ploans, Pthe PIMF Prequires Pnation-
pc pc pc pc pc pc pc
states Pto Padopt Pspecific Peconomic Ppolicies Paimed PatPreturning Ptheir Ptroubled Peconomies Pto
pc pc pc pc pc pc pc pc pc pc pc pc
Pstability Pand Pgrowth. pc pc
True False
13. Foreign Pdirect Pinvestment P(FDI) Poccurs Pwhen Pa Pfirm Pinvests Presources Pin Pbusine
pc pc pc pc pc pc pc pc pc pc pc
ss PactivitiesPoutside Pits Phome Pcountry.
pc pc pc pc
True False
14. After PWorld PWar PII, Pthe Padvanced Pnations Pof Pthe PWest Pcommitted Pthemselves P
pc pc pc pc pc pc pc pc pc pc pc pc
to PincreasingPbarriers Pto Pthe Pfree Pflow Pof Pgoods, Pservices, Pand Pcapital Pbetween Pnatio
pc pc pc pc pc pc pc pc pc pc pc pc
ns.
True False
15. The PUruguay PRound, Pheld Punder Pthe Pumbrella Pof PGATT, Pextended PGATT Pto Pcov
pc pc pc pc pc pc pc pc pc pc pc pc
er Pservices Pas PwellPas Pmanufactured Pgoods.
pc pc pc pc pc
True False
16. The Plowering Pof Ptrade Pand Pinvestment Pbarriers Pallows Pfirms Pto Pbase Pproduction P
pc pc pc pc pc pc pc pc pc pc pc pc
at Pthe PoptimalPlocation Pfor Pthat Pactivity.
pc pc pc pc pc
True False
17. As Pa Presult Pof Pinternational Ptrade, Pthe Peconomies Pof Pthe Pworld’s Pnation-
pc pc pc pc pc pc pc pc pc pc pc
states Pare Pbecoming PlessPintertwined.
pc pc pc
True False
18. The Pglobalization Pof Pmarkets Pand Pproduction Pand Pthe Presulting Pgrowth Pof Pwo
pc pc pc pc pc pc pc pc pc pc pc
rld Ptrade, PforeignPdirect Pinvestment, Pand Pimports Pall Pimply Pthat Pfirms Pare Pfinding Pit Peasi
pc pc pc pc pc pc pc pc pc pc pc pc pc
er Pto Pprotect Pthemselves Pfrom
pc pc pc pc
the Pattack Pof Pforeign Pcompetitors.
pc pc pc pc
pc pc pc pc pc p c
12th Edition By Charles Hill Chapters 1 - 17
pc pc pc pc pc pc pc pc
,Chapter One Globalization
pc pc
PART TWO National Differences
pc pc pc
Chapter Two National Differences in Political, Economic, and Legal Systems
pc pc pc pc pc pc pc pc pc pc
Chapter Three National Differences in Economic Development
pc pc pc pc pc pc
Chapter Four Differences in Culture
pc pc pc pc
Chapter Five Ethics, Corporate Social Responsibility, and Sustainability
pc pc pc pc pc pc pc
PART THREE The Global Trade and Investment Environment C
pc pc pc pc pc pc pc pc
hapter Six International Trade Theory
pc pc pc pc
Chapter Seven Government Policy and International Trade Chap
pc pc pc pc pc pc pc
ter Eight Foreign Direct Investment
pc pc pc pc
Chapter Nine Regional Economic Integration
pc pc pc pc
PART FOUR The Global Monetary System Chap
pc pc pc pc pc pc
ter Ten The Foreign Exchange Market
pc pc pc pc pc
Chapter Eleven The International Monetary System
pc pc pc pc pc
PART FIVE The Strategy of International Business Cha
pc pc pc pc pc pc pc
pter Twelve The Strategy of International Business
pc pc pc pc pc pc
Chapter Thirteen Entering Developed and Emerging Markets
pc pc pc pc pc pc
PART SIX International Business Functions
pc pc pc pc
Chapter Fourteen Exporting, Importing, and Countertrade Chap
pc pc pc pc pc pc
ter Fifteen Global Production and Supply Chain Management Ch
pc pc pc pc pc pc pc pc
apter Sixteen Global Marketing and Business Analytics
pc pc pc pc pc pc
Chapter Seventeen Global Human Resource Management
pc pc pc pc pc
,Answers are at the end of each chapter
pc pc pc pc pc pc pc
Chapter 01 Globalization Tr
pc pc pc
ue / False Questions
pc pc pc
1. As a result of globalization, we have been moving toward a world in which national econo
pc pc pc pc pc pc pc pc pc pc pc pc pc pc pc
mies are relatively self-contained entities.
pc pc pc pc
True False
2. By offering the same basic product worldwide, firms help to create a global mark
pc pc pc pc pc pc pc pc pc pc pc pc pc
et. True False
pc
3. A company has to be the size of a multinational giant to facilitate, and benefit from,
pc pc pc pc pc pc pc pc pc pc pc pc pc pc pc p
the globalization of markets.
c pc pc pc
True False
4. As a result of globalization, companies rarely need to customize marketing strategies, prod
pc pc pc pc pc pc pc pc pc pc pc pc
uct features, and operating practices in different countries.
pc pc pc pc pc pc pc
True False
5. Globalization has resulted in greater uniformity replacing diversity across national marke
pc pc pc pc pc pc pc pc pc pc
ts. True False
pc
6. As firms follow each other around the world, they bring with them many of the assets t
pc pc pc pc pc pc pc pc pc pc pc pc pc pc pc pc
hat served them well in other national markets. Thus, greater diversity replaces uniformity.
pc pc pc pc pc pc pc pc pc pc pc pc
True False
7. Substantial impediments, such as barriers to foreign direct investment, make it difficult for fir
pc pc pc pc pc pc pc pc pc pc pc pc pc
ms to achieve the optimal dispersion of their productive activities to locations around the globe.
pc pc pc pc pc pc pc pc pc pc pc pc pc pc
True False
8. The World Trade Organization, the International Monetary Fund and its sister institution
pc pc pc pc pc pc pc pc pc pc pc pc
the World Bank, and the United Nations were all created by voluntary agreement between indiv
pc pc pc pc pc pc pc pc pc pc pc pc pc pc
idual nation- states.
pc pc
True False
, 9. The International Monetary Fund and the World Bank were both created in 1944 by 44 nati
pc pc pc pc pc pc pc pc pc pc pc pc pc pc pc
ons that met at Bretton Woods, New Hampshire.
pc pc pc pc pc pc pc
True False
10. The PWTO Pis Pseen Pas Pthe Plender Pof Plast Presort Pto Pnation-
pc pc pc pc pc pc pc pc pc pc pc
states Pwhose Peconomies Pare Pin PturmoilPand Pwhose Pcurrencies Pare Plosing Pvalue Pagainst
pc pc pc pc pc pc pc pc pc pc pc
Pthose Pof Pother Pnations.
pc pc pc pc
True False
11. The PIMF Pis Pless Pcontroversial Pthan Pits Psister Pinstitution, Pth
pc pc pc pc pc pc pc pc pc
e PWorld PBank.PTrue False
pc pc
12. In Preturn Pfor Ploans, Pthe PIMF Prequires Pnation-
pc pc pc pc pc pc pc
states Pto Padopt Pspecific Peconomic Ppolicies Paimed PatPreturning Ptheir Ptroubled Peconomies Pto
pc pc pc pc pc pc pc pc pc pc pc pc
Pstability Pand Pgrowth. pc pc
True False
13. Foreign Pdirect Pinvestment P(FDI) Poccurs Pwhen Pa Pfirm Pinvests Presources Pin Pbusine
pc pc pc pc pc pc pc pc pc pc pc
ss PactivitiesPoutside Pits Phome Pcountry.
pc pc pc pc
True False
14. After PWorld PWar PII, Pthe Padvanced Pnations Pof Pthe PWest Pcommitted Pthemselves P
pc pc pc pc pc pc pc pc pc pc pc pc
to PincreasingPbarriers Pto Pthe Pfree Pflow Pof Pgoods, Pservices, Pand Pcapital Pbetween Pnatio
pc pc pc pc pc pc pc pc pc pc pc pc
ns.
True False
15. The PUruguay PRound, Pheld Punder Pthe Pumbrella Pof PGATT, Pextended PGATT Pto Pcov
pc pc pc pc pc pc pc pc pc pc pc pc
er Pservices Pas PwellPas Pmanufactured Pgoods.
pc pc pc pc pc
True False
16. The Plowering Pof Ptrade Pand Pinvestment Pbarriers Pallows Pfirms Pto Pbase Pproduction P
pc pc pc pc pc pc pc pc pc pc pc pc
at Pthe PoptimalPlocation Pfor Pthat Pactivity.
pc pc pc pc pc
True False
17. As Pa Presult Pof Pinternational Ptrade, Pthe Peconomies Pof Pthe Pworld’s Pnation-
pc pc pc pc pc pc pc pc pc pc pc
states Pare Pbecoming PlessPintertwined.
pc pc pc
True False
18. The Pglobalization Pof Pmarkets Pand Pproduction Pand Pthe Presulting Pgrowth Pof Pwo
pc pc pc pc pc pc pc pc pc pc pc
rld Ptrade, PforeignPdirect Pinvestment, Pand Pimports Pall Pimply Pthat Pfirms Pare Pfinding Pit Peasi
pc pc pc pc pc pc pc pc pc pc pc pc pc
er Pto Pprotect Pthemselves Pfrom
pc pc pc pc
the Pattack Pof Pforeign Pcompetitors.
pc pc pc pc
