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Examen
IBUS 310 - Exam 2 Questions & Answers (SOLVED 100%)
cross-cultural literacy - ANSWERUnderstanding how the culture of a country affects the way business is practiced. 
 
Values - ANSWERAbstract ideas about what a society believes to be good, right, and desirable. 
 
Norms - ANSWERSocial rules and guidelines that prescribe appropriate behavior in particular situations. 
 
Folkaways - ANSWER 
 
Mores - ANSWER 
 
Culture - ANSWERA system of values and norms that are shared among a group of people and that when taken together constitute a design for l...
Examen
ibus 310 midterm Exam(100% SOLVED)
PopularInternational Business -ANSWER business activities that involve the transfer across nations- resources, goods, services, and information 
 
International Trade -ANSWER exchange of products/services across national borders. Typically through importing and exporting 
 
International Portfolio Investment (IPI) -ANSWER passive ownership of foreign securities (stocks and bonds) for the purpose of generating financial return 
 
Foreign Direct Investment (FDI) -ANSWER a firm invests directly in product...
Examen
IBUS 310 Midterm Exam Review | International Business, Global Markets & Cross-Cultural Management
NuevoIBUS 310 Midterm Exam Review | International Business, Global Markets & Cross-Cultural Management
Examen
IBUS 310 Exam Questions with Correct Solutions||100% Guaranteed Pass||Updated 2026/2027 Syllabus||A+ Graded||<<Newest Version>>
NuevoIBUS 310 Exam Questions with 
Correct Solutions||100% Guaranteed 
Pass||Updated 2026/2027 
Syllabus||A+ Graded||<<Newest 
Version>> 
CAFE - ANSWER Coffee and farmer equity 
FLO - ANSWER Fair trade labeling organization 
ICA - ANSWER International coffee agreements 
ATO - ANSWER Alternative trade organization 
7 Tools for Trade - ANSWER -tariffs 
-subsidies 
-quotas 
-local content requirement 
-voluntary export restraint 
-administrative policy 
-anti-dumping 
Trade Tool: Tariff...
Examen
IBUS 310 MIDTERM || Questions and 100% Verified Answers.
international business is correct answers transfer of resources, goods, services/skills, or information across borders 
 
ghemawat semi globalization curve correct answers -the world is semi globalized and will remain so for decades to come 
-allows companies to avoid: 
 -growth fever -statelessness -need for ubiquity 
 
-where are we on the curve right now....? 
 
Thomas Friedman correct answers author of The World is Flat 
-ch 1: while I was sleeping 
-ch 3: triple convergence 
-ch. 16 del...
Examen
IBUS 310 Midterm Exam Questions & Answers (RATED A)
Liberalism -ANSWER Government rule is to create rules of the game and enforce them so everyone can participate fairly; everyone is better off from trade due to the increase of economic effeciency 
 
Mercantilism -ANSWER Humans are selfish and markets cannot function w/o state intervention; national wealth and power is sole goal which can be achieved through protectionism; zero-sum game of exporting more than importing (gain for one equals loss for another) 
 
State Capitalism -ANSWER The use of ...
Examen
IBUS 310 Flashcards Questions With Correct Solutions
CAGE stands for -ANSWER Cultural, Administrative, Geographical, Economical distance 
 
CAGE pushes towards what? -ANSWER Localization (Clash of Cultures) 
 
What pushes toward globalization? -ANSWER Technology, openness, market opportunity, global interdependencies 
 
What are the interconnecting dimensions of a globalized economy? -ANSWER Horizontal - Nation, local community, region 
Vertical - Individual manufacturing and service sectors 
 
What are the elements of risk? -ANSWER Consequences, ...
Examen
IBUS 310 Final Exam Questions 100% Solved
firm that engages in FDI in at least one working affiliate in another country -ANSWER mnc 
 
supplied; components -ANSWER Global Integration: how global market is ___, specialized ___, outsourcing 
 
innovation; integration -ANSWER systemic changes: ___ and ___ 
 
job; skill; intellectual; trust; culture -ANSWER Challenges: ___ loss, ___ shortage; ___ property; ___ in large companies; change in ___ 
 
physical; digital -ANSWER dual worlds: ___ and ___ 
 
slow recovery, demographics and productiv...
Examen
IBUS 310 Questions & Answers(GRADED A+)
7 institutions in the EU -ANSWER European Council 
Council of the EU 
Court of Justice of the EU 
European Commission 
European Parliament 
Council of Europe 
 
super-democracy -ANSWER the people decide everything 
 
globalization -ANSWER the process by which markets are integrated worldwide 
 
mercantilism -ANSWER countries should encourage exports and discourage imports 
 
zero-sum trade -ANSWER a gain for one country is a loss for another 
 
positive-sum trade -ANSWER all countries can mutual...
Examen
IBUS 310 Midterm Review Questions & Answers (SCORED A)
first law of globalization (law of semiglobalization) -ANSWER International interactions, while not negligible, are significantly less than domestic interactions 
 
second law of globalization (law of distance) -ANSWER International interactions are dampened by distance along cultural, administrative and geographical dimensions and are often affected by economic distance as well 
 
deeping -ANSWER An increase in the frequency and intensity of state and societal interactions 
 
when depth is low ...