Test Bank For International Business Law and Its Environment - 17th - 2018 All Chapters

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dersgandgCulturesgTextgandgCasesg10thgEditiongDeresky


InternationalgManagement,g10e,g(Deresky/Miller)
Chapterg1 AssessinggthegEnvironment:gPolitical,gEconomic,gLegal,gTechnological

1) Whichgofgthegfollowinggisgcharacterizedgbygnetworksgofginternationalglinkagesgcomprisingg
economic,gfinancial,gpoliticalgandgsocialgmarketsgthatgbindgcountries,ginstitutions,gandgpeoplegi
nganginterdependentgeconomy?
A) communism
B) nationalization
C) socialism
D) globalizationgAn
swer:g DgDifficulty
:g 1:gEasy
Chapter:g 1gSkil
l:g Concept
LO:g 1-
1:gTogunderstandgthegglobalgbusinessgenvironmentgandghowgitgaffectsgthegstrategicgandgoperation
algdecisionsgwhichgmanagersgmustgmake
AACSB:g g Applicationgofgknowledge

2) Thegpacegofgglobalizationghasgslowedgand,gingmostginstances,gdeclinedgingpartgbecausegof
.
A) protectionism
B) fluctuatinggexchangegrates
C) freegtradegagreements
D) culturalgdifferences
gAnswer:g Ag Difficult
y:g 1:gEasy
Chapter:g 1gSkil
l:g Concept
LO:g 1-
1:gTogunderstandgthegglobalgbusinessgenvironmentgandghowgitgaffectsgthegstrategicgandgoperation
algdecisionsgwhichgmanagersgmustgmake
AACSB:g g Applicationgofgknowledge

3) gresultsgfromgtheglesseninggofgtradegbarriersgandgthegincreasedgflowgofggoodsgan
dgservices,gcapital,glabor,gandgtechnologygaroundgthegworld.
A) Economicgintegration
B) Nationalization
C) Protectionism
D) MercantilismgA
nswer:g AgDifficult
y:g 1:gEasy
Chapter:g 1gSkil
l:g Concept
LO:g 1-
1:gTogunderstandgthegglobalgbusinessgenvironmentgandghowgitgaffectsgthegstrategicgandgoperation
algdecisionsgwhichgmanagersgmustgmake
1
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dersgandgCulturesgTextgandgCasesg10thgEditiongDeresky
AACSB:g g Applicationgofgknowledge




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4) Ingwhichgofgthegfollowingggroupsgofgtradegblocsgdoesgmostgofgtoday'sgworldgtradegtakegplace?
A) MiddlegEast,gChina,gandgIndia
B) NorthgAmerica,gAfrica,gandgCanada
C) WesterngEurope,gAsia,gandgthegAmericas
D) SaudigArabia,gWesterngEurope,gandgthegGul
fgAnswer:g C
Difficulty:g g 1:gEasy
Chapter:g 1gSkil
l:g Concept
LO:g 1-
1:gTogunderstandgthegglobalgbusinessgenvironmentgandghowgitgaffectsgthegstrategicgandgoperation
algdecisionsgwhichgmanagersgmustgmake
AACSB:g g Applicationgofgknowledge

5) Theg gisgthegsimplestgandgmostgbasicgformgofgregionalgintegration.
A) commongmarket
B) politicalgunion
C) customsgunion
D) freegtradegareag
Answer:g DgDifficu
lty:g 1:gEasy
Chapter:g 1gSkil
l:g Concept
LO:g 1-
1:gTogunderstandgthegglobalgbusinessgenvironmentgandghowgitgaffectsgthegstrategicgandgoperation
algdecisionsgwhichgmanagersgmustgmake
AACSB:g g Applicationgofgknowledge

6) Whichgofgthegfollowinggisgangexamplegofgagcustomsgunion?
A) NAFTA
B) ASEAN
C) MERCOSUR
D) EFTA
Answer:g g C
Difficulty:g g 2:gModerate
Chapter:g 1gSkil
l:g Concept
LO:g 1-
1:gTogunderstandgthegglobalgbusinessgenvironmentgandghowgitgaffectsgthegstrategicgandgoperation
algdecisionsgwhichgmanagersgmustgmake
AACSB:g g Applicationgofgknowledge




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dersgandgCulturesgTextgandgCasesg10thgEditiongDeresky


7) Membersgofg
gallowgfreegtradegbetweengmembersgandgagreegtogadoptgcommongtariffsgandgnon-
tariffgbarriersgthatgaregappliedgtogimportsgfromgnonmembergcountries.
A) freegtradegareas
B) customsgunions
C) thegUSMCA
D) thegEFTA
gAnswer:g B
Difficulty:g g 2:gModerate
Chapter:g 1gSkil
l:g Concept
LO:g 1-
1:gTogunderstandgthegglobalgbusinessgenvironmentgandghowgitgaffectsgthegstrategicgandgoperation
algdecisionsgwhichgmanagersgmustgmake
AACSB:g g Applicationgofgknowledge

8) Agformalgarrangementgbetweengtwogorgmoregcountriesgtogreducegorgeliminategtariffsgisgknow
ngasgag .
A) quotagarrangement
B) freegtradegagreement
C) memorandumgofgassociation
D) memorandumgofgunderstanding
gAnswer:g B
Difficulty:g g 1:gEasy
Chapter:g 1gSkil
l:g Concept
LO:g 1-
1:gTogunderstandgthegglobalgbusinessgenvironmentgandghowgitgaffectsgthegstrategicgandgoperation
algdecisionsgwhichgmanagersgmustgmake
AACSB:g g Applicationgofgknowledge

9) Regionalgeconomicggroupgisgdefinedgasg .
A) angagreementgamonggcountriesgingaggeographicgregiongtogreducegandgultimatelygremovegtari
ffgandgnontariffgbarriersgtogthegfreegflowgofggoods,gservicesgandgfactorsgofgproductiongbetweenge
achgother
B) angagreementgamonggcompaniesgingaggeographicgregiongtogreducegandgultimatelygremovegtari
ffgandgnontariffgbarriersgtogthegfreegflowgofggoods,gservicesgandgfactorsgofgproductiongbetweenge
achgother
C) angagreementgamonggcountriesgingaggeographicgregiongtogincreasegtariffgandgnontariffgbarrier
sgtogthegfreegflowgofggoods,gservicesgandgfactorsgofgproductiongbetweengeachgother
D) angagreementgamonggcountriesgingaggeographicgregiongtogincreasegtariffgandgnontariffgbarrier
sgtogthegfreegflowgofggoods,gservicesgandgfactorsgofgproductiongwithgnonmembergcountriesgAns
wer:g A
Difficulty:g g 2:gModerate
Chapter:g 1gSkil
l:g Concept
LO:g 1-

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