ChapterG01
Globalization
G
GG
TrueG/GFalseGQuestions
G
1.G(p.G7)GGlobalizationGrefersGtoGtheGshiftGtowardGaGmoreGintegratedGandGinterdependentGwor
ldGeconomy.G
TRUE
G
AACSB:GAnalytic
BT:GKnowledge
Difficulty:GEasy
LearningGObjective:G1-1
Topic:GWhatGIsGGlobalization?
G
2.G(p.G7)GTastesGandGpreferencesGofGconsumersGinGdifferentGnationsGareGbeginningGtoGconver
geGonGsomeGglobalGnorm.G
TRUE
G
AACSB:GAnalytic
BT:GKnowledge
Difficulty:GEasy
LearningGObjective:G1-1
Topic:GWhatGIsGGlobalization?
G
3.G(p.G7)GAGcompanyGhasGtoGbeGaGmajorGmultinationalGcorporationGtoGfacilitate,GandGbenefitG
from,GtheGglobalizationGofGmarkets.G
FALSE
G
AACSB:GAnalytic
BT:GKnowledge
Difficulty:GMedium
LearningGObjective:G1-1
Topic:GWhatGIsGGlobalization?
G
1-1
,ChapterG01G-GGlobalization
4.G(p.G7)GInGGermany,G98GpercentGofGsmallGandGmidsizeGcompaniesGhaveGexposureGtoGintern
ationalGmarkets.G
TRUE
G
AACSB:GAnalytic
BT:GKnowledge
Difficulty:GEasy
LearningGObjective:G1-1
Topic:GWhatGIsGGlobalization?
G
5.G(p.G8)GCurrently,GtheGmostGglobalGofGmarketsGareGforGindustrialGgoodsGandGmaterialsGthatG
serveGaGuniversalGneedGtheGworldGover.G
TRUE
G
AACSB:GAnalytic
BT:GKnowledge
Difficulty:GEasy
LearningGObjective:G1-1
Topic:GWhatGIsGGlobalization?
G
6.G(p.G8)GAsGfirmsGfollowGeachGotherGaroundGtheGworld,GgreaterGdiversityGreplacesGuniformit
y.G
FALSE
G
AACSB:GAnalytic
BT:GKnowledge
Difficulty:GEasy
LearningGObjective:G1-1
Topic:GWhatGIsGGlobalization?
G
7.G(p.G10)GSubstantialGimpedimentsGsuchGasGbarriersGtoGforeignGdirectGinvestmentGmakeGitGdif
ficultGforGfirmsGtoGachieveGtheGoptimalGdispersionGofGtheirGproductiveGactivitiesGtoGlocation
sGaroundGtheGglobe.G
TRUE
G
AACSB:GAnalytic
BT:GKnowledge
Difficulty:GEasy
LearningGObjective:G1-1
Topic:GWhatGIsGGlobalization?
G
1-2
,ChapterG01G-GGlobalization
8.G(p.G10)GGATTGstandsGforGtheGGeneralGAgreementGonGTariffsGandGTrade.G
TRUE
G
AACSB:GAnalytic
BT:GKnowledge
Difficulty:GEasy
LearningGObjective:G1-1
Topic:GTheGEmergenceGofGGlobalGInstitutions
G
9.G(p.G10)GAsGofG2008,G149Gnations,GwhichGcollectivelyGaccountedGforG90GpercentGofGworldGt
rade,GwereGWTOGmembers.G
FALSE
G
AACSB:GAnalytic
BT:GKnowledge
Difficulty:GEasy
LearningGObjective:G1-1
Topic:GTheGEmergenceGofGGlobalGInstitutions
G
10.G(p.G11)GTheGUnitedGNationsGandGtheGWorldGBankGwereGbothGcreatedGinG1944GbyG44Gnati
onsGthatGmetGatGBretonGWoods,GNewGHampshire.G
FALSE
G
AACSB:GAnalytic
BT:GKnowledge
Difficulty:GEasy
LearningGObjective:G1-1
Topic:GTheGEmergenceGofGGlobalGInstitutions
G
11.G(p.G11)GTheGIMFGisGoftenGseenGasGtheGlenderGofGlastGresortGtoGnation-
statesGwhoseGeconomiesGareGinGturmoil.G
TRUE
G
AACSB:GAnalytic
BT:GKnowledge
Difficulty:GEasy
LearningGObjective:G1-1
Topic:GTheGEmergenceGofGGlobalGInstitutions
G
1-3
, ChapterG01G-GGlobalization
12.G(p.G12)GAfterGWorldGWarGI,GtheGadvancedGnationsGofGtheGWestGcommittedGthemselvesGto
GremovingGbarriersGtoGtheGfreeGflowGofGgoods,Gservices,GandGcapitalGbetweenGnations.G
FALSE
G
AACSB:GAnalytic
BT:GKnowledge
Difficulty:GEasy
LearningGObjective:G1-2
Topic:GDriversGofGGlobalization
G
13.G(p.G12)GInGadditionGtoGreducingGtradeGbarriers,GmanyGcountriesGhaveGalsoGbeenGprogressi
velyGremovingGrestrictionsGtoGforeignGdirectGinvestment.G
TRUE
G
AACSB:GAnalytic
BT:GKnowledge
Difficulty:GEasy
LearningGObjective:G1-2
Topic:GDriversGofGGlobalization
G
14.G(p.G13)GSinceGtheGmid-
1980s,GtheGvalueGofGinternationalGtradeGinGservicesGhasGbeenGdecreasingGcomparedGtoGtrade
GinGproduction.G
FALSE
G
AACSB:GAnalytic
BT:GKnowledge
Difficulty:GEasy
LearningGObjective:G1-2
Topic:GDriversGofGGlobalization
G
15.G(p.G13)GTheGvolumeGofGworldGoutputGhasGgrownGfasterGthanGtheGvolumeGofGworldGmerch
andiseGtradeGsinceGtheG1950s,GaccordingGtoGdataGfromGtheGWorldGTradeGOrganization.G
FALSE
G
AACSB:GAnalytic
BT:GKnowledge
Difficulty:GMedium
LearningGObjective:G1-2
Topic:GDriversGofGGlobalization
G
1-4