TEST BANK For Global Business Today,
my my my my my my
12th Edition By Charles Hill Chapters 1 - 17
my my my my my my my my
,Chapter One Globalization
my my my
PART TWO National Differences
my my my
Chapter Two National Differences in Political, Economic, and Legal Systems
my my my my my my my my my my
Chapter Three National Differences in Economic Development
my my my my my my my
Chapter Four Differences in Culture
my my my my my
Chapter Five Ethics, Corporate Social Responsibility, and Sustainability
my my my my my my my my
PART THREE The Global Trade and Investment Environment
my my my my my my my
Chapter Six International Trade Theory
my my my my my
Chapter Seven Government Policy and International Trade
my my my my my my my
Chapter Eight Foreign Direct Investment
my my my my my
Chapter Nine Regional Economic Integration
my my my my my
PART FOUR The Global Monetary System
my my my my my
Chapter Ten The Foreign Exchange Market
my my my my my my
Chapter Eleven The International Monetary System
my my my my my my
PART FIVE The Strategy of International Business
my my my my my my
Chapter Twelve The Strategy of International Business
my my my my my my my
Chapter Thirteen Entering Developed and Emerging Markets
my my my my my my my
PART SIX International Business Functions
my my my my
Chapter Fourteen Exporting, Importing, and Countertrade
my my my my my my
Chapter Fifteen Global Production and Supply Chain Management
my my my my my my my my
Chapter Sixteen Global Marketing and Business Analytics
my my my my my my my
Chapter Seventeen Global Human Resource Management
my my my my my my my
,Answers are at the end of each chapter
my my my my my my my
Chapter 01 my
my GlobalizationTrue / ym my
my False Questions
my
1. As a result of globalization, we have been moving toward a world in which national
my my my my my my my my my my my my my my
economiesare relatively self-contained entities.
my ym my my my
True False
2. By offering the same basic product worldwide, firms help to create a global
my my my my my my my my my my my my
market.True False
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3. A company has to be the size of a multinational giant to facilitate, and benefit
my my my my my my my my my my my my my my
from, theglobalization of markets.
my my ym my my
True False
4. As a result of globalization, companies rarely need to customize marketing strategies,
my my my my my my my my my my my
productfeatures, and operating practices in different countries.
my ym my my my my my my
True False
5. Globalization has resulted in greater uniformity replacing diversity across national
my my my my my my my my my
my markets.True False ym
6. As firms follow each other around the world, they bring with them many of the
my my my my my my my my my my my my my my
assets thatserved them well in other national markets. Thus, greater diversity replaces
my my ym my my my my my my my my my my
uniformity.
my
True False
7. Substantial impediments, such as barriers to foreign direct investment, make it difficult for
my my my my my my my my my my my my
firmsto achieve the optimal dispersion of their productive activities to locations around the globe.
my ym my my my my my my my my my my my my my
True False
8. The World Trade Organization, the International Monetary Fund and its sister
my my my my my my my my my my
institution theWorld Bank, and the United Nations were all created by voluntary agreement
my my ym my my my my my my my my my my my
between individual nation- states.
my my my my
True False
, 9. The International Monetary Fund and the World Bank were both created in 1944 by 44
my my my my my my my my my my my my my my
nationsthat met at Bretton Woods, New Hampshire.
my ym my my my my my my
True False
10. The WTO is seen as the lender of last resort to nation-states whose economies are in
my my my my my my my my my my my my my my my
turmoiland whose currencies are losing value against those of other nations.
my ym my my my my my my my my my my
True False
11. The IMF is less controversial than its sister institution, the World
my my my my my my my my my my
my Bank.True
ym False
12. In return for loans, the IMF requires nation-states to adopt specific economic policies
my my my my my my my my my my my my
aimed atreturning their troubled economies to stability and growth.
my my ym my my my my my my my
True False
13. Foreign direct investment (FDI) occurs when a firm invests resources in business
my my my my my my my my my my my
activitiesoutside its home country.
my ym my my my
True False
14. After World War II, the advanced nations of the West committed themselves to
my my my my my my my my my my my my
increasingbarriers to the free flow of goods, services, and capital between nations.
my ym my my my my my my my my my my my
True False
15. The Uruguay Round, held under the umbrella of GATT, extended GATT to cover services
my my my my my my my my my my my my my
as wellas manufactured goods.
my my ym my my
True False
16. The lowering of trade and investment barriers allows firms to base production at the
my my my my my my my my my my my my my
optimallocation for that activity.
my ym my my my
True False
17. As a result of international trade, the economies of the world’s nation-states are
my my my my my my my my my my my my
becoming lessintertwined.
my my ym
True False
18. The globalization of markets and production and the resulting growth of world trade,
my my my my my my my my my my my my
foreigndirect investment, and imports all imply that firms are finding it easier to protect
my ym my my my my my my my my my my my my my
themselves from
my my
the attack of foreign competitors.
my my my my
my my my my my my
12th Edition By Charles Hill Chapters 1 - 17
my my my my my my my my
,Chapter One Globalization
my my my
PART TWO National Differences
my my my
Chapter Two National Differences in Political, Economic, and Legal Systems
my my my my my my my my my my
Chapter Three National Differences in Economic Development
my my my my my my my
Chapter Four Differences in Culture
my my my my my
Chapter Five Ethics, Corporate Social Responsibility, and Sustainability
my my my my my my my my
PART THREE The Global Trade and Investment Environment
my my my my my my my
Chapter Six International Trade Theory
my my my my my
Chapter Seven Government Policy and International Trade
my my my my my my my
Chapter Eight Foreign Direct Investment
my my my my my
Chapter Nine Regional Economic Integration
my my my my my
PART FOUR The Global Monetary System
my my my my my
Chapter Ten The Foreign Exchange Market
my my my my my my
Chapter Eleven The International Monetary System
my my my my my my
PART FIVE The Strategy of International Business
my my my my my my
Chapter Twelve The Strategy of International Business
my my my my my my my
Chapter Thirteen Entering Developed and Emerging Markets
my my my my my my my
PART SIX International Business Functions
my my my my
Chapter Fourteen Exporting, Importing, and Countertrade
my my my my my my
Chapter Fifteen Global Production and Supply Chain Management
my my my my my my my my
Chapter Sixteen Global Marketing and Business Analytics
my my my my my my my
Chapter Seventeen Global Human Resource Management
my my my my my my my
,Answers are at the end of each chapter
my my my my my my my
Chapter 01 my
my GlobalizationTrue / ym my
my False Questions
my
1. As a result of globalization, we have been moving toward a world in which national
my my my my my my my my my my my my my my
economiesare relatively self-contained entities.
my ym my my my
True False
2. By offering the same basic product worldwide, firms help to create a global
my my my my my my my my my my my my
market.True False
my ym
3. A company has to be the size of a multinational giant to facilitate, and benefit
my my my my my my my my my my my my my my
from, theglobalization of markets.
my my ym my my
True False
4. As a result of globalization, companies rarely need to customize marketing strategies,
my my my my my my my my my my my
productfeatures, and operating practices in different countries.
my ym my my my my my my
True False
5. Globalization has resulted in greater uniformity replacing diversity across national
my my my my my my my my my
my markets.True False ym
6. As firms follow each other around the world, they bring with them many of the
my my my my my my my my my my my my my my
assets thatserved them well in other national markets. Thus, greater diversity replaces
my my ym my my my my my my my my my my
uniformity.
my
True False
7. Substantial impediments, such as barriers to foreign direct investment, make it difficult for
my my my my my my my my my my my my
firmsto achieve the optimal dispersion of their productive activities to locations around the globe.
my ym my my my my my my my my my my my my my
True False
8. The World Trade Organization, the International Monetary Fund and its sister
my my my my my my my my my my
institution theWorld Bank, and the United Nations were all created by voluntary agreement
my my ym my my my my my my my my my my my
between individual nation- states.
my my my my
True False
, 9. The International Monetary Fund and the World Bank were both created in 1944 by 44
my my my my my my my my my my my my my my
nationsthat met at Bretton Woods, New Hampshire.
my ym my my my my my my
True False
10. The WTO is seen as the lender of last resort to nation-states whose economies are in
my my my my my my my my my my my my my my my
turmoiland whose currencies are losing value against those of other nations.
my ym my my my my my my my my my my
True False
11. The IMF is less controversial than its sister institution, the World
my my my my my my my my my my
my Bank.True
ym False
12. In return for loans, the IMF requires nation-states to adopt specific economic policies
my my my my my my my my my my my my
aimed atreturning their troubled economies to stability and growth.
my my ym my my my my my my my
True False
13. Foreign direct investment (FDI) occurs when a firm invests resources in business
my my my my my my my my my my my
activitiesoutside its home country.
my ym my my my
True False
14. After World War II, the advanced nations of the West committed themselves to
my my my my my my my my my my my my
increasingbarriers to the free flow of goods, services, and capital between nations.
my ym my my my my my my my my my my my
True False
15. The Uruguay Round, held under the umbrella of GATT, extended GATT to cover services
my my my my my my my my my my my my my
as wellas manufactured goods.
my my ym my my
True False
16. The lowering of trade and investment barriers allows firms to base production at the
my my my my my my my my my my my my my
optimallocation for that activity.
my ym my my my
True False
17. As a result of international trade, the economies of the world’s nation-states are
my my my my my my my my my my my my
becoming lessintertwined.
my my ym
True False
18. The globalization of markets and production and the resulting growth of world trade,
my my my my my my my my my my my my
foreigndirect investment, and imports all imply that firms are finding it easier to protect
my ym my my my my my my my my my my my my my
themselves from
my my
the attack of foreign competitors.
my my my my
