1G
CopyrightG©G2020GPearsonGEducation,GInc.G
InternationalGBusiness,G9eG(Griffin/Pustay)G
ChapterG2GGGGlobalGMarketplacesGandGBusinessGCentersG
G
1)GOneGlikelyGconsequenceGofGtheGdiminishingGArcticGiceGcapGisG________.G
A)GlessGwarG
B)GmoreGaffordableGutilityGratesGforGlesser-developedGnationsG
C)GanGincreaseGinGregionalGtourismG
D)GtheGcreationGofGtheGNorthwestGPassageG
Answer:GGDG
Diff:G1G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
2)GWhichGofGtheGfollowingGisGaGmemberGofGtheGArcticGCouncil?G
A)GFranceG
B)GSingaporeG
C)GFinlandG
D)GMexicoG
Answer:GGCG
Diff:G1G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
3)GApproximatelyG________GofGtheGworld'sGcurrentGeconomicGactivityGisGconcentratedGinGNorth
G
America,GtheGEU,GandGJapan.G
A)G24GpercentG
B)G46GpercentG
C)G57GpercentG
D)G72GpercentG
Answer:GGCG
Diff:G2G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
DOWNLOADGTHEGTestGBankGforGInternationalGBusinessGManagerial
GGGGGGGGGGGGGGPerspectiveG9thGEditionGGriffin
mynursytest.store
,2G
CopyrightG©G2020GPearsonGEducation,GInc.G
4)GUnderGtheGUnitedGNationsGConventionGonGtheGLawsGofGtheGSea,GcountriesGareGgivenGcontr
olGoverG
navigationGwithinG________GofGtheGcoastline.G
A)GoneGmileG
B)GfiveGmilesG
C)GtwelveGmilesG
D)GtwentyGmilesG
Answer:GGCG
Diff:G2G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
5)GCompaniesGdoingGinternationalGbusinessGareGmoreGlikelyGtoGbeGsuccessfulGwhenGtheyG____
____.G
A)GconductGfrequentGperformanceGappraisalsG
B)GunderstandGlocalGmarketGcharacteristicsG
C)GemployGprimarilyGlocalGmanagersG
D)GrelyGonGexperiencedGexpatriatesG
Answer:GGBG
Diff:G2G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
6)GWhatGisGLondon'sGoriginGasGaGworldGfinancialGcenter?G
A)GmilitaryGpowerGofGtheGBritishGEmpireGinGtheGnineteenthGcenturyG
B)GinfluenceGofGroyaltyGonGtheGcity'sGreputationG
C)GruleGoverGseveralGformerGAmericanGcoloniesG
D)GprestigeGofGtheGLondonGStockGExchangeG
Answer:GGAG
Diff:G2G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
DOWNLOADGTHEGTestGBankGforGInternationalGBusinessGManagerial
GGGGGGGGGGGGGGPerspectiveG9thGEditionGGriffin
mynursytest.store
3G
,CopyrightG©G2020GPearsonGEducation,GInc.G
7)GWhichGofGtheGfollowingGmarketsGhasGtheGGREATESTGimpactGonGtheGworld'sGcurrentGecono
micG
activity?G
A)GUnitedGStatesG
B)GEuropeanGUnionG
C)GChinaG
D)GJapanG
Answer:GGAG
Diff:G1G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
8)GInGtheGtwenty-firstGcentury,GgrowthGratesGinG________GhaveGoutpacedGthoseGinG________.G
A)GtheGUnitedGStatesGandGChina;GIndiaGandGJapanG
B)GCanadaGandGJapan;GGermanyGandGtheGUnitedGStatesG
C)GJapanGandGIndia;GChinaGandGCanadaG
D)GChinaGandGIndia;GGermanyGandGJapanG
Answer:GGDG
Diff:G3G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
9)GWhichGcountryGhasGtheGhighestGperGcapitaGincomeGinGNorthGAmerica?G
A)GtheGUnitedGStatesG
B)GCentralGAmericaG
C)GCanadaG
D)GMexicoG
Answer:GGAG
Diff:G1G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
DOWNLOADGTHEGTestGBankGforGInternationalGBusinessGManagerial
GGGGGGGGGGGGGGPerspectiveG9thGEditionGGriffin
mynursytest.store
4G
CopyrightG©G2020GPearsonGEducation,GInc.G
10)GTheGcountriesGofGNorthGAmericaGproduceGapproximatelyG________GpercentGofGtheGworld'sG
, output.G
A)G18G
B)G29G
C)G45G
D)G52G
Answer:GGBG
Diff:G2G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
11)G________GisGtheGcurrencyGinGwhichGtheGsaleGofGgoodsGandGservicesGisGdenominated.G
A)GFlightGcapitalG
B)GEuroGcurrencyG
C)GInvoicingGcurrencyG
D)GCapitalGsubstitutionG
Answer:GGCG
Diff:G1G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
12)GTheGprimeGmarketGforGlower-
incomeGcountriesGthatGareGtryingGtoGraiseGtheirGlivingGstandardsG
throughGexportsGisG________.G
A)GtheGUnitedGStatesG
B)GJapanG
C)GGermanyG
D)GChinaG
Answer:GGAG
Diff:G2G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
DOWNLOADGTHEGTestGBankGforGInternationalGBusinessGManagerial
GGGGGGGGGGGGGGPerspectiveG9thGEditionGGriffin
mynursytest.store
5G
CopyrightG©G2020GPearsonGEducation,GInc.G
13)G________GisGtheGmoneyGsentGoutGofGaGpoliticallyGorGeconomicallyGunstableGcountryGtoGoneG
perceivedGasGaGsafeGhaven.G
CopyrightG©G2020GPearsonGEducation,GInc.G
InternationalGBusiness,G9eG(Griffin/Pustay)G
ChapterG2GGGGlobalGMarketplacesGandGBusinessGCentersG
G
1)GOneGlikelyGconsequenceGofGtheGdiminishingGArcticGiceGcapGisG________.G
A)GlessGwarG
B)GmoreGaffordableGutilityGratesGforGlesser-developedGnationsG
C)GanGincreaseGinGregionalGtourismG
D)GtheGcreationGofGtheGNorthwestGPassageG
Answer:GGDG
Diff:G1G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
2)GWhichGofGtheGfollowingGisGaGmemberGofGtheGArcticGCouncil?G
A)GFranceG
B)GSingaporeG
C)GFinlandG
D)GMexicoG
Answer:GGCG
Diff:G1G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
3)GApproximatelyG________GofGtheGworld'sGcurrentGeconomicGactivityGisGconcentratedGinGNorth
G
America,GtheGEU,GandGJapan.G
A)G24GpercentG
B)G46GpercentG
C)G57GpercentG
D)G72GpercentG
Answer:GGCG
Diff:G2G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
DOWNLOADGTHEGTestGBankGforGInternationalGBusinessGManagerial
GGGGGGGGGGGGGGPerspectiveG9thGEditionGGriffin
mynursytest.store
,2G
CopyrightG©G2020GPearsonGEducation,GInc.G
4)GUnderGtheGUnitedGNationsGConventionGonGtheGLawsGofGtheGSea,GcountriesGareGgivenGcontr
olGoverG
navigationGwithinG________GofGtheGcoastline.G
A)GoneGmileG
B)GfiveGmilesG
C)GtwelveGmilesG
D)GtwentyGmilesG
Answer:GGCG
Diff:G2G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
5)GCompaniesGdoingGinternationalGbusinessGareGmoreGlikelyGtoGbeGsuccessfulGwhenGtheyG____
____.G
A)GconductGfrequentGperformanceGappraisalsG
B)GunderstandGlocalGmarketGcharacteristicsG
C)GemployGprimarilyGlocalGmanagersG
D)GrelyGonGexperiencedGexpatriatesG
Answer:GGBG
Diff:G2G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
6)GWhatGisGLondon'sGoriginGasGaGworldGfinancialGcenter?G
A)GmilitaryGpowerGofGtheGBritishGEmpireGinGtheGnineteenthGcenturyG
B)GinfluenceGofGroyaltyGonGtheGcity'sGreputationG
C)GruleGoverGseveralGformerGAmericanGcoloniesG
D)GprestigeGofGtheGLondonGStockGExchangeG
Answer:GGAG
Diff:G2G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
DOWNLOADGTHEGTestGBankGforGInternationalGBusinessGManagerial
GGGGGGGGGGGGGGPerspectiveG9thGEditionGGriffin
mynursytest.store
3G
,CopyrightG©G2020GPearsonGEducation,GInc.G
7)GWhichGofGtheGfollowingGmarketsGhasGtheGGREATESTGimpactGonGtheGworld'sGcurrentGecono
micG
activity?G
A)GUnitedGStatesG
B)GEuropeanGUnionG
C)GChinaG
D)GJapanG
Answer:GGAG
Diff:G1G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
8)GInGtheGtwenty-firstGcentury,GgrowthGratesGinG________GhaveGoutpacedGthoseGinG________.G
A)GtheGUnitedGStatesGandGChina;GIndiaGandGJapanG
B)GCanadaGandGJapan;GGermanyGandGtheGUnitedGStatesG
C)GJapanGandGIndia;GChinaGandGCanadaG
D)GChinaGandGIndia;GGermanyGandGJapanG
Answer:GGDG
Diff:G3G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
9)GWhichGcountryGhasGtheGhighestGperGcapitaGincomeGinGNorthGAmerica?G
A)GtheGUnitedGStatesG
B)GCentralGAmericaG
C)GCanadaG
D)GMexicoG
Answer:GGAG
Diff:G1G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
DOWNLOADGTHEGTestGBankGforGInternationalGBusinessGManagerial
GGGGGGGGGGGGGGPerspectiveG9thGEditionGGriffin
mynursytest.store
4G
CopyrightG©G2020GPearsonGEducation,GInc.G
10)GTheGcountriesGofGNorthGAmericaGproduceGapproximatelyG________GpercentGofGtheGworld'sG
, output.G
A)G18G
B)G29G
C)G45G
D)G52G
Answer:GGBG
Diff:G2G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
11)G________GisGtheGcurrencyGinGwhichGtheGsaleGofGgoodsGandGservicesGisGdenominated.G
A)GFlightGcapitalG
B)GEuroGcurrencyG
C)GInvoicingGcurrencyG
D)GCapitalGsubstitutionG
Answer:GGCG
Diff:G1G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
12)GTheGprimeGmarketGforGlower-
incomeGcountriesGthatGareGtryingGtoGraiseGtheirGlivingGstandardsG
throughGexportsGisG________.G
A)GtheGUnitedGStatesG
B)GJapanG
C)GGermanyG
D)GChinaG
Answer:GGAG
Diff:G2G
Skill:GGConceptG
LO:GG2.1:GDiscussGNorthGAmericaGasGaGmajorGmarketplaceGandGbusinessGcenterGinGtheGworldG
economy.G
AACSB:GGApplicationGofGKnowledgeG
G
DOWNLOADGTHEGTestGBankGforGInternationalGBusinessGManagerial
GGGGGGGGGGGGGGPerspectiveG9thGEditionGGriffin
mynursytest.store
5G
CopyrightG©G2020GPearsonGEducation,GInc.G
13)G________GisGtheGmoneyGsentGoutGofGaGpoliticallyGorGeconomicallyGunstableGcountryGtoGoneG
perceivedGasGaGsafeGhaven.G