6/14/23,p1:19pPM Testpbankpforpinternationalpmarketingp16thpeditionpbypcateor
a
TestpBankpforpInternationalpMarketingp16thpEditionpbypCateora
Fullp p Download:p p http://downloadlink.org/product/test-bank-for-international-marketing-16th-edition-by-cateora/
Chapterp02
ThepDynamicpEnvironmentpofpInternationalpTrade
Truep/pFalsepQuestions
1. AfterpWorldpWarpII,pthepU.S.pprovidedpassistanceptopotherpcountriesptopdevelopptheirpmarke
tspandp improvepglobalptradepthoughpitpgainedpnopreturnsponpthesepinitiatives.
Truep False
2. ThepGATTpbecameppartpofpthepWorldpTradepOrganizationpinp1995,pwithpthepratificationp
ofpthep UruguaypRoundpagreements.
Truep False
3. AsppartpofpthepworldwidepeconomicpgrowthpandprebuildingpafterpWorldpWarpII,pcountries
poncep classifiedpasplesspdevelopedpwerepreclassifiedpaspunderdevelopedpcountries.
Truep False
4. Bypthepyearp1971,pthepUnitedpStatespwaspsellingpmoreptopotherpcountriespthanpit pboughtpfrom
pthem;p thatpis,pthepUnitedpStatesphadpapfavorablepbalancepofptrade.
Truep False
2-1
©p2013pbypMcGraw-
Hill pEducation. pThispis pproprietarypmaterialpsolelypforpauthorized pinstructorpuse.pNotpauthorizedpforpsale porpdistributionpinp anyp ma
nner. pThis pdocument pmayp notpbepcopied, pscanned, pduplicated, pforwarded,pdistributed,por pposted ponpapwebsite,pinp wholepor ppart.
FullpallpchapterspinstantpdownloadppleasepgoptopSolutionspManual,pTestpBankpsite:pdownloadlink.org
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,6/14/23,p1:19pPM Testpbankpforpinternationalpmarketingp16thpeditionpbypcateor
a
5. ThepOrganizationpforpEconomicpCooperationpandpDevelopmentp(OECD)phaspestimatedptha
tpthep economiespofpthepdevelopedpworldpwillpexpandpatpmuchpfasterpratespwhenpcompar
edptopthep developingpeconomies.
Truep False
6. Apnation’spbalance-of-
paymentspstatementprecordspallpfinancialptransactionspbetweenpitspresidentsp andpthosepofpthep
restpofpthepworldpduringpapgivenpperiodpofptime.
Truep False
7. Inpapbalance-of-
paymentsprecord,pifpthepcreditpandpdebitpoffsetpeachpother,pitpmeanspthatpapnationpisp inpparti
cularlypgoodpfinancialpcondition.
Truep False
8. Thepreservespaccountpispaprecordpofpdirectpinvestment,pportfoliopinvestment,pandpshort-
termpcapitalp movementsptopandpfrompcountries.
Truep False
9. AspthepU.S.ptradepdeficitphaspgrown,ppressuresphavepbegunptoppushpthepvaluepofpthepdollarpto
phigherp levels.
Truep False
10. Protectionpofpanpinfantpindustrypisprecognizedpbypeconomistspaspapvalidpargumentpinpfa
vorpofp protectionism.
Truep False
2-2
©p2013pbypMcGraw-
Hill pEducation. pThispis pproprietarypmaterialpsolelypforpauthorized pinstructorpuse.pNotpauthorizedpforpsale porpdistributionpinp anyp ma
nner. pThis pdocument pmayp notpbepcopied, pscanned, pduplicated, pforwarded,pdistributed,por pposted ponpapwebsite,pinp wholepor ppart.
about:blank 2/119
,6/14/23,p1:19pPM Testpbankpforpinternationalpmarketingp16thpeditionpbypcateor
a
11. Apcasepmightpbepmadepforptemporarypprotectionpofpmarketspwithpexcesspproductivepcapac
ityporp excessplaborpwhenpsuchpprotectionpcouldpfacilitatepanporderlyptransition.
Truep False
12. Top encouragep developmentp ofp domesticp industries,p governmentsp workp onp reducingp tradep barriers.
Truep False
13. Inpgeneral,ptariffspdecreasepinflationaryppressures.
Truep False
14. Tariffsparepoftenpusedpaspreprisalspagainstpprotectionistpmovespofptradingppartners.
Truep False
15. Quotaspstrictlyppermitpimportingponpapcase-by-casepbasis.
Truep False
16. Quotasparepmorepflexiblepthanpimportplicenses.
Truep False
17. ApVERpispgenerallypimposedpunderpthepthreatpofpstifferpquotaspandptariffspbeingpsetpbypthepim
portingp countrypifpapVERpispnotpestablished.
Truep False
2-3
©p2013pbypMcGraw-
Hill pEducation. pThispis pproprietarypmaterialpsolelypforpauthorized pinstructorpuse.pNotpauthorizedpforpsale porpdistributionpinp anyp ma
nner. pThis pdocument pmayp notpbepcopied, pscanned, pduplicated, pforwarded,pdistributed,por pposted ponpapwebsite,pinp wholepor ppart.
about:blank 3/119
, 6/14/23,p1:19pPM Testpbankpforpinternationalpmarketingp16thpeditionpbypcateor
a
18. Apgovernmentpboycott pispappartialprestrictionpagainstptheppurchasepandpimportationpofpcertainp
goodsp and/orpservicespfrompotherpcountries.
Truep False
19. Inpthepcontextpofpblockedpcurrency,pblockagepispaccomplishedpbyprefusingptopallowpanpimpor
terptop exchangepitspnationalpcurrencypforpthepcurrencypofpthepseller.
Truep False
20. Itpispmandatorypforpimporterspwhopwantptopbuypapforeignpgoodptopapplypforpapbusinessppermit
pinpthatp country.
Truep False
21. Thepexchangeppermitpcanpstipulatepanpunfavorablepratepofpexchangepdependingponpthepdesir
espofp thepgovernment.
Truep False
22. ThepUnitedpStatespandpotherpcountriesprequirepsomepproductsptopcontainpappercentagepofp
<localp content=ptopgainpadmissionptoptheirpmarkets.
Truep False
23. Antidumpingplawspwerepspecificallypdesignedptoppreventpforeignpproducerspfrompinvestingpinpthe
U.S.plocalpmarkets.
Truep False
2-4
©p2013pbypMcGraw-
Hill pEducation. pThispis pproprietarypmaterialpsolelypforpauthorized pinstructorpuse.pNotpauthorizedpforpsale porpdistributionpinp anyp ma
nner. pThis pdocument pmayp notpbepcopied, pscanned, pduplicated, pforwarded,pdistributed,por pposted ponpapwebsite,pinp wholepor ppart.
about:blank 4/119
a
TestpBankpforpInternationalpMarketingp16thpEditionpbypCateora
Fullp p Download:p p http://downloadlink.org/product/test-bank-for-international-marketing-16th-edition-by-cateora/
Chapterp02
ThepDynamicpEnvironmentpofpInternationalpTrade
Truep/pFalsepQuestions
1. AfterpWorldpWarpII,pthepU.S.pprovidedpassistanceptopotherpcountriesptopdevelopptheirpmarke
tspandp improvepglobalptradepthoughpitpgainedpnopreturnsponpthesepinitiatives.
Truep False
2. ThepGATTpbecameppartpofpthepWorldpTradepOrganizationpinp1995,pwithpthepratificationp
ofpthep UruguaypRoundpagreements.
Truep False
3. AsppartpofpthepworldwidepeconomicpgrowthpandprebuildingpafterpWorldpWarpII,pcountries
poncep classifiedpasplesspdevelopedpwerepreclassifiedpaspunderdevelopedpcountries.
Truep False
4. Bypthepyearp1971,pthepUnitedpStatespwaspsellingpmoreptopotherpcountriespthanpit pboughtpfrom
pthem;p thatpis,pthepUnitedpStatesphadpapfavorablepbalancepofptrade.
Truep False
2-1
©p2013pbypMcGraw-
Hill pEducation. pThispis pproprietarypmaterialpsolelypforpauthorized pinstructorpuse.pNotpauthorizedpforpsale porpdistributionpinp anyp ma
nner. pThis pdocument pmayp notpbepcopied, pscanned, pduplicated, pforwarded,pdistributed,por pposted ponpapwebsite,pinp wholepor ppart.
FullpallpchapterspinstantpdownloadppleasepgoptopSolutionspManual,pTestpBankpsite:pdownloadlink.org
about:blank 1/119
,6/14/23,p1:19pPM Testpbankpforpinternationalpmarketingp16thpeditionpbypcateor
a
5. ThepOrganizationpforpEconomicpCooperationpandpDevelopmentp(OECD)phaspestimatedptha
tpthep economiespofpthepdevelopedpworldpwillpexpandpatpmuchpfasterpratespwhenpcompar
edptopthep developingpeconomies.
Truep False
6. Apnation’spbalance-of-
paymentspstatementprecordspallpfinancialptransactionspbetweenpitspresidentsp andpthosepofpthep
restpofpthepworldpduringpapgivenpperiodpofptime.
Truep False
7. Inpapbalance-of-
paymentsprecord,pifpthepcreditpandpdebitpoffsetpeachpother,pitpmeanspthatpapnationpisp inpparti
cularlypgoodpfinancialpcondition.
Truep False
8. Thepreservespaccountpispaprecordpofpdirectpinvestment,pportfoliopinvestment,pandpshort-
termpcapitalp movementsptopandpfrompcountries.
Truep False
9. AspthepU.S.ptradepdeficitphaspgrown,ppressuresphavepbegunptoppushpthepvaluepofpthepdollarpto
phigherp levels.
Truep False
10. Protectionpofpanpinfantpindustrypisprecognizedpbypeconomistspaspapvalidpargumentpinpfa
vorpofp protectionism.
Truep False
2-2
©p2013pbypMcGraw-
Hill pEducation. pThispis pproprietarypmaterialpsolelypforpauthorized pinstructorpuse.pNotpauthorizedpforpsale porpdistributionpinp anyp ma
nner. pThis pdocument pmayp notpbepcopied, pscanned, pduplicated, pforwarded,pdistributed,por pposted ponpapwebsite,pinp wholepor ppart.
about:blank 2/119
,6/14/23,p1:19pPM Testpbankpforpinternationalpmarketingp16thpeditionpbypcateor
a
11. Apcasepmightpbepmadepforptemporarypprotectionpofpmarketspwithpexcesspproductivepcapac
ityporp excessplaborpwhenpsuchpprotectionpcouldpfacilitatepanporderlyptransition.
Truep False
12. Top encouragep developmentp ofp domesticp industries,p governmentsp workp onp reducingp tradep barriers.
Truep False
13. Inpgeneral,ptariffspdecreasepinflationaryppressures.
Truep False
14. Tariffsparepoftenpusedpaspreprisalspagainstpprotectionistpmovespofptradingppartners.
Truep False
15. Quotaspstrictlyppermitpimportingponpapcase-by-casepbasis.
Truep False
16. Quotasparepmorepflexiblepthanpimportplicenses.
Truep False
17. ApVERpispgenerallypimposedpunderpthepthreatpofpstifferpquotaspandptariffspbeingpsetpbypthepim
portingp countrypifpapVERpispnotpestablished.
Truep False
2-3
©p2013pbypMcGraw-
Hill pEducation. pThispis pproprietarypmaterialpsolelypforpauthorized pinstructorpuse.pNotpauthorizedpforpsale porpdistributionpinp anyp ma
nner. pThis pdocument pmayp notpbepcopied, pscanned, pduplicated, pforwarded,pdistributed,por pposted ponpapwebsite,pinp wholepor ppart.
about:blank 3/119
, 6/14/23,p1:19pPM Testpbankpforpinternationalpmarketingp16thpeditionpbypcateor
a
18. Apgovernmentpboycott pispappartialprestrictionpagainstptheppurchasepandpimportationpofpcertainp
goodsp and/orpservicespfrompotherpcountries.
Truep False
19. Inpthepcontextpofpblockedpcurrency,pblockagepispaccomplishedpbyprefusingptopallowpanpimpor
terptop exchangepitspnationalpcurrencypforpthepcurrencypofpthepseller.
Truep False
20. Itpispmandatorypforpimporterspwhopwantptopbuypapforeignpgoodptopapplypforpapbusinessppermit
pinpthatp country.
Truep False
21. Thepexchangeppermitpcanpstipulatepanpunfavorablepratepofpexchangepdependingponpthepdesir
espofp thepgovernment.
Truep False
22. ThepUnitedpStatespandpotherpcountriesprequirepsomepproductsptopcontainpappercentagepofp
<localp content=ptopgainpadmissionptoptheirpmarkets.
Truep False
23. Antidumpingplawspwerepspecificallypdesignedptoppreventpforeignpproducerspfrompinvestingpinpthe
U.S.plocalpmarkets.
Truep False
2-4
©p2013pbypMcGraw-
Hill pEducation. pThispis pproprietarypmaterialpsolelypforpauthorized pinstructorpuse.pNotpauthorizedpforpsale porpdistributionpinp anyp ma
nner. pThis pdocument pmayp notpbepcopied, pscanned, pduplicated, pforwarded,pdistributed,por pposted ponpapwebsite,pinp wholepor ppart.
about:blank 4/119
