Copyrightg©g2017gPearsongEducation,gInc.g
InternationalgBusiness:gThegNewgRealities,g4eg(Cavusgil)g
Chapterg2gggGlobalizationgofgMarketsgandgthegInternationalizationgofgthegFirmg
1)gWhichgofgthegfollowinggisgcharacteristicgofgglobalizationgofgmarkets?g
A)glackgofgskilledglaborg
B)gconservatismg
C)gdeclininggtradegbarriersg
D)gdiminishingggapgbetweengthegrichgandgthegpoorg
Answer:ggCg
Diff:gg1:gEasyg
Skill:ggConceptg
Objective:gg2-1:gUnderstandgmarketgglobalizationgasgangorganizinggframeworkg
AACSB:ggAnalyticalgThinkingg
2)gThegfirstgphasegofgglobalizationgwasgcharacterizedgbygtheg________.g
A)grisegofgsteelgproductiong
B)grisegofgSMEsg
C)gdominancegofgMNEsgingthegagriculturalgindustryg
D)ggrowthgofgrailroadsg
Answer:ggDg
Diff:gg1:gEasyg
Skill:ggConceptg
Objective:gg2-1:gUnderstandgmarketgglobalizationgasgangorganizinggframeworkg
AACSB:ggAnalyticalgThinkingg
3)gTheg________gphasegofgglobalizationgbegangaroundg1900gandgwasgassociatedgwithgthegrisegof
g
electricitygandgsteelgproduction.g
A)gfirstg
B)gsecondg
C)gthirdg
D)gfourthg
Answer:ggBg
Diff:gg1:gEasyg
Skill:ggConceptg
Objective:gg2-1:gUnderstandgmarketgglobalizationgasgangorganizinggframeworkg
AACSB:ggAnalyticalgThinkingg
4)gThegthirdgphasegofgglobalizationgwasgtriggeredgbyg________.g
A)gthegendgofgWorldgWargIIg
B)gtheginventiongofgelectricityg
C)gthegendgofgWorldgWargIg
D)gthegGreatgDepressiong
Answer:ggAg
Diff:gg1:gEasyg
Skill:ggConceptg
,Objective:gg2-1:gUnderstandgmarketgglobalizationgasgangorganizinggframeworkg
AACSB:ggAnalyticalgThinkingg
DOWNLOADgTHEgTestgBankgforgInternationalgBusinessgThegNewgRealitiesg4th
gggggggggggggggggggggggggggEditiongCavusgil
mynursytest.store
2g
Copyrightg©g2017gPearsongEducation,gInc.g
5)gWhichgofgthegfollowinggreflectsgthegmajorgcontributiongofgGATTgtogglobalization?g
A)gItginstitutedgstrictgcontrolsgonginternationalgcurrencies.g
B)gItgsimplifiedgpatentgandgcopyrightglaws.g
C)gItgreducedgbarriersgtoginternationalgtradegandginvestment.g
D)gItgeliminatedgthegdividegbetweengthegrichgandgthegpoor.g
Answer:ggCg
Diff:gg1:gEasyg
Skill:ggConceptg
Objective:gg2-1:gUnderstandgmarketgglobalizationgasgangorganizinggframeworkg
AACSB:ggAnalyticalgThinkingg
6)gThegfourthgphasegofgglobalizationgisgcharacterizedgbyg________.g
A)gthegrisegofgrailroadsgandgoceangtransportg
B)gthegreductiongofgbarriersgtogtradegbygWesterngindustrializedgcountriesg
C)gtheginitiationgofgthegMarshallgPlangtogreconstructgEuropeg
D)gthegenormousggrowthgofgcross-bordergtradegandginvestmentg
Answer:ggDg
Diff:gg1:gEasyg
Skill:ggConceptg
Objective:gg2-1:gUnderstandgmarketgglobalizationgasgangorganizinggframeworkg
AACSB:ggAnalyticalgThinkingg
InternationalizationgConferenceg(Scenario)g
Atgagconferencegongbusinessginternationalizationgstrategies,grepresentativesgofgthreegdiffere
ntg
businessesgmeetgtogdiscussgagjointgventuregbetweengtheirgcompanies.gBusinessgAgisglocatedgi
ngag
countrygthatginternationalizedgduringgthegsecondgphasegofgglobalization.gBusinessgBgisgbasedg
ingag
countrygthatginternationalizedgduringgthegthirdgphasegofgglobalization.gBusinessgCgisglocatedgi
ngang
emerginggmarketgcountry.g
7)gThegrepresentativegfromgBusinessgAgisgmostglikelygfromg________.g
A)gChinag
B)gUnitedgKingdomg
C)gMexicog
D)gBrazilg
Answer:ggBg
,Diff:gg2:gModerateg
Skill:ggApplicationg
Objective:gg2-1:gUnderstandgmarketgglobalizationgasgangorganizinggframeworkg
AACSB:ggAnalyticalgThinkingg
DOWNLOADgTHEgTestgBankgforgInternationalgBusinessgThegNewgRealitiesg4th
gggggggggggggggggggggggggggEditiongCavusgil
mynursytest.store
3g
Copyrightg©g2017gPearsongEducation,gInc.g
8)gThegrepresentativegfromgBusinessgBgisgmostglikelygfromg________.g
A)gPanamag
B)gHungaryg
C)gUgandag
D)gJapang
Answer:ggDg
Diff:gg2:gModerateg
Skill:ggApplicationg
Objective:gg2-1:gUnderstandgmarketgglobalizationgasgangorganizinggframeworkg
AACSB:ggAnalyticalgThinkingg
9)gThegrepresentativegfromgBusinessgCgisgmostglikelygfromg________.g
A)gItalyg
B)gBrazilg
C)gthegUnitedgStatesg
D)gFranceg
Answer:ggBg
Diff:gg2:gModerateg
Skill:ggApplicationg
Objective:gg2-1:gUnderstandgmarketgglobalizationgasgangorganizinggframeworkg
AACSB:ggAnalyticalgThinkingg
10)gOvergtime,gthegGATTgevolvedgintogtheg________.g
A)gWorldgBankg
B)gInternationalgMonetarygFundg
C)gWorldgTradegOrganizationg
D)gWorldgIntellectualgPropertygOrganizationg
Answer:ggCg
Diff:gg1:gEasyg
Skill:ggConceptg
Objective:gg2-1:gUnderstandgmarketgglobalizationgasgangorganizinggframeworkg
AACSB:ggAnalyticalgThinkingg
11)gEarlygmultinationalsgfromgthegthirdgphasegofgglobalizationgoriginatedging________.g
A)gJapang
B)gChinag
C)gIndiag
, D)gBrazilg
Answer:ggAg
Diff:gg1:gEasyg
Skill:ggConceptg
Objective:gg2-1:gUnderstandgmarketgglobalizationgasgangorganizinggframeworkg
AACSB:ggAnalyticalgThinkingg
DOWNLOADgTHEgTestgBankgforgInternationalgBusinessgThegNewgRealitiesg4th
gggggggggggggggggggggggggggEditiongCavusgil
mynursytest.store
4g
Copyrightg©g2017gPearsongEducation,gInc.g
12)gThegfourthgphasegofgglobalizationg________.g
A)gisgcharacterizedgbygthegrisegofgelectricitygandgsteelgproductiong
B)gisgcharacterizedgbygthegrisegofgMNEsgfromgJapang
C)gwitnessedgthegBrettongWoodsgConferencegofgtwenty-threegnationsging1947gthatgledgtogtheg
GeneralgAgreementgongTariffsgandgTradeg
D)gfacilitatedgthegglobalizationgofgthegservicegsectorgingsuchgareasgasgbankinggandgretailingg
Answer:ggDg
Diff:gg1:gEasyg
Skill:ggConceptg
Objective:gg2-1:gUnderstandgmarketgglobalizationgasgangorganizinggframeworkg
AACSB:ggAnalyticalgThinkingg
13)gAsgmarketgglobalizationgintensifies,g________.g
A)gtheggapgbetweengthegrichgandgthegpoorgshrinksgrapidlyg
B)gthegdistancegbetweengconsumersgworldwidegexpandsg
C)gindividualgfirmsgrespondgtogthegchallengesgandgnewgadvantagesgthatgitgbringsg
D)gfirmsginternationalizegsolelygasgagreactiongtogitg
Answer:ggCg
Diff:gg1:gEasyg
Skill:ggConceptg
Objective:gg2-1:gUnderstandgmarketgglobalizationgasgangorganizinggframeworkg
AACSB:ggAnalyticalgThinkingg
14)gWhichgofgthegfollowinggisgagdrivergofgglobalization?g
A)ggreatergemphasisgongproactiveginternationalizationg
B)ginternationalizationgofgfirm'sgvaluegchaing
C)gintegrationgofgworldgfinancialgmarketsg
D)gglobalizationgofgservicesg
Answer:ggCg
Diff:gg1:gEasyg
Skill:ggConceptg
Objective:gg2-1:gUnderstandgmarketgglobalizationgasgangorganizinggframeworkg
AACSB:ggAnalyticalgThinkingg
15)gWhichgofgthegfollowinggisgagsocietalgconsequencegofgmarketgglobalization?g