Waynesburg University

BUS 141

Chapter 4

1.) International travel, communications, and commerce have been made faster and less costly due to which of the following?

2.) The largest free marketplace in the world is which of the following?

3.) Each of the following builds and sustains globalization, EXCEPT for which one?

4.) Each the following is a reason that China has emerged as a major global market, EXCEPT which one?

5.) Which of the following best defines globalization?

6.) Which of the following is one factor that affects the balance of imports and exports between two countries?

7.) Which of the following is a key consideration in determining whether a country can achieve a comparative advantage?

8.) Which of the following was the major contributor to the narrowing of the trade gap in the United States between 2009 and 2010?

9.) Each of the following is a condition of national competitive advantage, EXCEPT which one?

10.) Which of the following is the term used to identify the theoretical model explaining why countries engage in international trade?

11.) Which of the following would be the best entry strategy for an olive oil producer wanting to expand to the global market?

12.) Which of the following would be one of the first considerations before expansion into the global marketplace?

13.) Each of the following is a level of international involvement EXCEPT for which one?

14.) Each of the following is a type of international organizational structure, EXCEPT which one?

15.) Which of the following is TRUE about globalization?

16.) Companies that choose to enter the global marketplace should have a clear understanding of each of the following, EXCEPT which one?

17.) Which of the following explains why businesses in Saudi Arabia do not charge interest fees?

18.) Each of the following is a dimension along which people seem to differ across cultures, EXCEPT for which one?

19.) Which of the following is the cultural reason why most employee incentives in the United States are based on individual performance?

20.) Which of the following is true about cultural impact on international business?

21.) A large market for a U.S. shrimp exporter imposed a tariff on imported shrimp from the United States. Which of the following should the exporter do?

22.) If rice farmers in Japan feel threatened by the low prices of imported American rice, which of the following should the Japanese government do first?

23.) Which of the following is a government order forbidding exportation and/or importation of a particular product—or even all products- from a specific country?