Test Bank For Essentials of Family Therapy, The 7th Edition All Chapters - 9780136911852.pdf

b

2-1b
Copyrightb©b2016bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorbwritte
nbconsentbofb
McGraw-HillbEducation.b
Moduleb02bInternationalbTradebandbInvestmentb
bb
b

Trueb/bFalsebQuestionsb
bb

1.b
RecordblevelsbofbAmericanboutwardbforeignbdirectbinvestmentbfromb2010btob2013,btotalingb
moreb
thanb$1.4btrillion,bcausedbU.S.bexportsbtobdeclinebduringbthisbtimebperiod.bb
bb

TruebbbbFalseb
bb

2.bInternationalbtradebincludesbexports,bimports,bandbforeignbdirectbinvestment.bb
bb

TruebbbbFalseb
bb

3.bNearlyb60bpercentbofbglobalboutputbisbnowbdestinedbforbinternationalbtrade.bb
bb

TruebbbbFalseb
bb

4.bThebproportionbofbworldbtradebcomingbfrombLatinbAmerica,bAfrica,bandbthebMiddlebEastbha
sb
decreasedbsinceb1980.bb
bb

TruebbbbFalseb
bb

5.bAllbregionsbofbthebworldbexperiencedbanbabsolutebincreasebinbthebdollarbvolumebofbtheirbse
rvicesb
exportsbsinceb1980,balthoughbthebU.S.bproportionbhasbrisenbbybapproximatelybone-
thirdbsincebthatb
time.bb
bb

TruebbbbFalseb
bb

6.bInb2013,bthebtopb10bexportingbandbimportingbnationsbcollectivelybaccountedbforboverbhalfb
ofballb
exportsbandbimportsbofbmerchandisebandbservicesbworldwide.bb
bb

TruebbbbFalseb
bb

DOWNLOADbTHEbTestbBankbforbInternationalbBusinessbCompetingband
bbbbbbbCooperatingbinbGlobalbWorldb1stbEditionbGeringer

mynursytest.store
b

2-2b
Copyrightb©b2016bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorbwritte

,nbconsentbofb
McGraw-HillbEducation.b
7.b
Approximatelybtwo-
thirdsbofbthebexportsbfrombdevelopedbcountriesbgobtobdevelopedbcountries.bb
bb

TruebbbbFalseb
bb

8.bThebdevelopmentbofbexpandedbregionalbtradebagreements,bsuchbasbthebAssociationbofbSout
heastb
AsianbNations,bMercosur,bandbthebEU,bcanbsubstantiallybalterbtheblevelbandbproportionbofbtra
debflowsb
withinbandbacrossbregions.bbb
bb

TruebbbbFalseb
bb

9.bTherebarebabnumberbofbadvantagesbinbfocusingbattentionbonbabnationbthatbisbalreadybabsiza
bleb
purchaserbofbgoodsbcomingbfrombthebwould-bebexporter'sbcountry.bbb
bb

TruebbbbFalseb
bb

10.bThebfirstbformulationbofbinternationalbtradebtheory,bbybAdambSmith,bwasbmotivatedbbybp
oliticalb
considerations.bbb
bb

TruebbbbFalseb
bb

11.bThebcentralbideabofbmercantilismbisbtherebshouldbbebanbexportbsurplusbsobabnationbcanbac
cumulateb
preciousbmetals.bbb
bb

TruebbbbFalseb
bb

12.bThebtheorybofbabsolutebadvantagebsuggestsbthatbunderbfree,bunregulatedbtrade,beachbnati
onbshouldb
specializebinbproducingbthosebgoodsbitbcanbproducebmostbefficiently,bbasedbonbnaturallyboccu
rringb
endowmentsbsuchbasbminerals.bb
bb

TruebbbbFalseb
bb

13.bAccordingbtobthebtheorybofbcomparativebadvantage,babnationbcanbgainbfrombtradebifbitbisbn
otbequallyb
lessbefficientbinbproducingbtwobgoods.bb
bb

TruebbbbFalseb
bb

DOWNLOADbTHEbTestbBankbforbInternationalbBusinessbCompetingband
bbbbbbbCooperatingbinbGlobalbWorldb1stbEditionbGeringer

mynursytest.store

,b

2-3b
Copyrightb©b2016bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorbwritte
nbconsentbofb
McGraw-HillbEducation.b
14.bIfbabChinesebworkerbearnsb$1.00babday,bthenbgoodsbproducedbbybthisbworkerbwillbcostbles
sbthanbtheb
samebgoodsbproducedbbybanbAmericanbearningb$18.00banbhour.bb
bb

TruebbbbFalseb
bb

15.bCurrencybdevaluationbhelpsbabnationbavoidblosingbmarketsbandbregainbcompetitivenessbi
nbworldb
markets.bb
bb

TruebbbbFalseb
bb

16.bAbtheorybdevelopedbbybElibHeckscherbandbBertilbOhlinbatbthebStockholmbSchoolbofbEcono
micsb
suggestsbthatbdifferencesbinbresourcebendowmentsbwillbmakebdevelopedbcountriesbmoreblike
lybtob
tradebwithbdevelopedbcountriesbwhosebresourcebendowmentsbareblikelybtobbebverybsimilar,bt
hanbwithb
developingbcountriesbwhosebendowmentsbarebdissimilar.bb
bb

TruebbbbFalseb
bb

17.bAccordingbtobthebtext,bdifferencesbinbtaste,babdemandbvariable,bcanbreversebthebdirectionb
ofbtradeb
predictedbbybthebtheory.bb
bb

TruebbbbFalseb
bb

18.bThebinternationalbproductblife-
cyclebtheorybmaybhavebitsbgreatestbusefulnessbinbexplainingbtradebandb
investmentbbehaviorbwhenbinternationalbfirmsbintroducebtheirbnewbproductsbinbhomebmark
etsbfirst.bb
bb

TruebbbbFalseb
bb

19.bThebpredictablebdeclinebinbthebaveragebcostbofbproducingbeachbunitbofboutputbasbabproduc
tionb
facilitybgetsblargerbandboutputbincreasesbisbknownbasbthebexperiencebcurve.bb
bb

TruebbbbFalseb
bb

20.bMichaelbPorterbclaimsbthatbdemandbconditions,bfactorbconditions,brelatedbandbsupportin
gbindustries,b
andbfirmbstrategy,bstructure,bandbrivalry,bratherbthanbgovernmentbandbchance,barebfactorsbth

, atbaffectb
nationalbcompetitiveness.bb
bb

TruebbbbFalseb
bb

DOWNLOADbTHEbTestbBankbforbInternationalbBusinessbCompetingband
bbbbbbbCooperatingbinbGlobalbWorldb1stbEditionbGeringer

mynursytest.store
b

2-4b
Copyrightb©b2016bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorbwritte
nbconsentbofb
McGraw-HillbEducation.b
21.bImportingbandbforeignbdirectbinvestmentbarebtwobapproachesbtobmeetingboverseasbdema
nd.bb
bb

TruebbbbFalseb
bb

22.bPortfoliobinvestmentbisbthebpurchasebofbsufficientbstockbinbabfirmbtobobtainbsignificantbma
nagementb
control.bb
bb

TruebbbbFalseb
bb

23.bThebproportionbofbtheboutstandingbstockbofbforeignbdirectbinvestmentbaccountedbforbbybt
hebUnitedb
Statesbdeclinedbbybtwo-thirdsboverbthebpastb20byears.bb
bb

TruebbbbFalseb
bb

24.bTheboverallbvolumebofboutwardbFDIbfrombdevelopingbnationsbinb2013bwasbfourbtimesbthe
blevelbinb

2003.bb
bb

TruebbbbFalseb
bb

25.bThebvastbproportionbofboutwardbFDI,baboutbtwo-
thirds,boriginatesbfrombthebdevelopedbcountries.bb
bb

TruebbbbFalseb
bb

26.bWorldwide,bthebvolumebofbFDIbflowingbintobthebdevelopingbcountriesbasbabwholebwasbsev
enbtimesb
largerbinb2000bthanbinb1990bandbhadbnearlybtripledbagainbbyb2013.bb
bb

TruebbbbFalseb
bb

27.bForeignbdirectbinvestmentbmaybbebanbattemptbbybforeignbcompaniesbtobestablishbcompet
itiveb
advantageboverbpotentialbcompetitorsbinbotherbmarkets,bduebtobpossessionbofbadvantagesbno
tb