D270 Midterm Quizlet Garcia Questions And Answers With Verified Solutions Already Passed Latest Updated 2026

D270 Midterm Quizlet Garcia Questions
And Answers With Verified Solutions
Already Passed Latest Updated 2026
1. What was Tom Schwaub's overall message?
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• Answer: Learning hard skills prepares us for the world, but soft skills are
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what make you good.
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2. When stressed, people tend to refer back to...?
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• Answer: Their old and comfortable nature, "status quo."
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3. Chapter 1 Case 1: What was the key point?
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• Answer: Sports are an international business in itself, but some sports are
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more heavily known in other parts of the world.
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4. What is globalization?
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• Answer: The widening and deepening of interdependent relationships
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among people from different nations.
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5. What does globalization enable?
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• Answer: More variety, better quality, and lower prices.
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6. What are private companies and governments’ motives for International
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Business?
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• Answer: Private companies do it for money, while the government does it
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for money and other reasons.
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7. Why is it hard to measure global growth?
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, • Answer: Country’s interdependence and boundaries shift.
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8. Smaller countries are...?
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• Answer: More globalized. M M




9. Higher per capita countries are...?
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• Answer: More globalized than countries farther down on the list.
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10. What are the seven factors of Increased Globalization?
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• Answer: 1) Rise in and application of tech
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2. Liberalization of cross-border trade and resource movements
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3. Services that support IB M M M




4. Growth in consumer pressures M M M




5. Increase in global competition M M M




6. Changes in political situations and government policies
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7. Expansion of cross-national cooperation. M M M




11. Why do governments restrict cross-border trade?
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• Answer: Citizens want more goods at a lower price, and less competition
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makes domestic products more effective.
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12. Is Wilson a virgin?
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• Answer: Yes. M




13. What are the three anti-globalization factors?
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• Answer: 1) Threat to national sovereignty
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