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Examen
INTB 3080 Exam with 100% correct answers 2025
How has Apple capitalized on the globalization of production? What advantages does manufacturing in China offer the company? correct answersChinese subcontractors are able to respond very quickly to requests from Apple to scale production up and down 
 
Why do you think Apple continues to keep activities like product design, software engineering, and marketing in the United States? correct answersThey pride themselves on being an American company so they make their important decisions in the US ...
Examen
INTB 3080 Exam with 100% correct answers 2025
PopularMercantilism, as advocated in the 16th and 17th centuries, believed that countries should simultaneously encourage both imports and exports. correct answersFalse 
 
Largely discredited and primitive, mercantilism still influences the trade policies of many countries today. correct answersTrue 
 
Free trade refers to a situation where a government, through quotas or duties, attempts to influence what its citizens can buy from another country, or what they can produce and sell to another country. ...
Examen
INTB 3080 - Exam 3 (Final) with 100% correct answers 2025
Under the free market view, countries should specialize in the production of those goods and services that they can produce most efficiently correct answersTrue 
 
Walmart's move into Japan is considered to be correct answersHorizontal FDI 
 
An industry composed of a limited number of large firms correct answersoligopoly 
 
According to internalization theory, licensing has three major drawbacks as a strategy for exploiting foreign market opportunities. Each of the following is a drawback of...
Examen
INTB 3080 EXAM with 100% correct answers 2025
GNP correct answersC + I + G + (X-M) 
 
USA and Europe correct answersHas most economic activity = 
1st: ____ and ____ 
 
Brettenwoods correct answersEurope, USA, and other countries decided to be more "connected" : more dependent on each other = Globalization 
= No more high tariffs 
 
GATT correct answersControl tariffs 
 
WTO correct answersFair trading 
 
IMF correct answersmonetary policies 
 
UN correct answers"Good things" = focus on poverty 
 
G20 correct answers19 countries ...
Examen
INTB 3080 Exam with 100% correct answers 2025
globalization correct answersshift toward a more integrate and interdependent world economy 
 
Uber's struggle with globalization correct answersdidn't fully take into account local differences in regulations, culture, and political realities which could have slowed growth rate and opened doors to rivals 
 
opportunities through globalization correct answersexpanding revenues by selling around the world and reducing costs by producing in nations where labor and inputs are cheaper 
 
regula...
Examen
INTB 3080 Exam with 100% correct answers 2025
Industrial Goodscorrect answers The most global markets currently are markets for 
 
Homogeneitycorrect answers Globalization results in a greater degree of ________ across markets than would be present otherwise 
 
What is a purpose of the UN?correct answers To be a center for harmonizing the actions of nations 
 
As of 2008-09, the G20 works tocorrect answers Provide a forum through which major nations attempted to launch a coordinated policy response to the global financial crisis 
 
Identify...