INTB REVIEW EXAM QUESTIONS
WITH COMPLETE SOLUTIONS4
International Business is business - ANSWERS-Across national borders
An International Business is also called a Multinational Corporation (MNC) - ANSWERS-True
Multinational Corporations deal with which environment(s)? 1. Foreign 2. Domestic 3. Global -
ANSWERS-1, 2, & 3. Foreign, Domestic, and Global
Which option has had the least impact on International Business? - ANSWERS-Houston Traffic
Which one of these is a driver of Globalization? - ANSWERS-Technology
In general, free trade is a positive thing that benefits the world.
A. Agree
B. Disagree
C. Agree, but some protectionism is necessary - ANSWERS-a, b, & c. Agree, Disagree, & Agree,
but some protectionism is necessary
Which of the following is best example of protectionism in practice?
a. Mercantilism
b. Export-orientated industrialization
c. Import-Substitution industrialization (ISI)
d. Both A & C - ANSWERS-d. Both A & C
WITH COMPLETE SOLUTIONS4
International Business is business - ANSWERS-Across national borders
An International Business is also called a Multinational Corporation (MNC) - ANSWERS-True
Multinational Corporations deal with which environment(s)? 1. Foreign 2. Domestic 3. Global -
ANSWERS-1, 2, & 3. Foreign, Domestic, and Global
Which option has had the least impact on International Business? - ANSWERS-Houston Traffic
Which one of these is a driver of Globalization? - ANSWERS-Technology
In general, free trade is a positive thing that benefits the world.
A. Agree
B. Disagree
C. Agree, but some protectionism is necessary - ANSWERS-a, b, & c. Agree, Disagree, & Agree,
but some protectionism is necessary
Which of the following is best example of protectionism in practice?
a. Mercantilism
b. Export-orientated industrialization
c. Import-Substitution industrialization (ISI)
d. Both A & C - ANSWERS-d. Both A & C
