CHAPTER 01 12e
TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
1) In the past ten years, increasing barriers to cross-border trade have made it harder for
businesses to sell internationally.
⊚ true
⊚ false
2) To truly benefit from globalization, a firm needs to be a multinational conglomerate
rather than a small or mid-size company.
⊚ true
⊚ false
3) In today’s marketplace, outsourcing efforts are confined to manufacturing activities.
⊚ true
⊚ false
4) Transportation costs and the managerial challenge of coordinating a globally dispersed
supply chain are just two of the impediments companies face when trying to achieve optimal
dispersion of their products between countries.
⊚ true
⊚ false
5) The WTO polices the world trading system and without this organization, the
globalization of markets might not be where it is today.
⊚ true
⊚ false
6) Foreign direct investment (FDI) occurs when a firm invests resources in business
activities outside its home country.
⊚ true
⊚ false
7) The retaliatory trade policies of the 1920s and 1930s contributed to the Great Depression.
1
TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
1) In the past ten years, increasing barriers to cross-border trade have made it harder for
businesses to sell internationally.
⊚ true
⊚ false
2) To truly benefit from globalization, a firm needs to be a multinational conglomerate
rather than a small or mid-size company.
⊚ true
⊚ false
3) In today’s marketplace, outsourcing efforts are confined to manufacturing activities.
⊚ true
⊚ false
4) Transportation costs and the managerial challenge of coordinating a globally dispersed
supply chain are just two of the impediments companies face when trying to achieve optimal
dispersion of their products between countries.
⊚ true
⊚ false
5) The WTO polices the world trading system and without this organization, the
globalization of markets might not be where it is today.
⊚ true
⊚ false
6) Foreign direct investment (FDI) occurs when a firm invests resources in business
activities outside its home country.
⊚ true
⊚ false
7) The retaliatory trade policies of the 1920s and 1930s contributed to the Great Depression.
1
