Type:
Test Bank
Resource:
Global Business Today
Edition:
12th Edition
Author(s):
Charles Hill
TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false. 1) In the past ten years, increasing barriers to cross-border trade have made it harder for businesses to sell internationally. ⊚ true ⊚ false Question Details AACSB : Analytical Thinking Accessibility : Keyboard Navigation Bloom's : Understand Difficulty : 2 Medium Learning Objective : 01-01 Understand what is meant by the term globalization. Topic : What is Globalization? Gradable : automatic
2) To truly benefit from globalization, a firm needs to be a multinational conglomerate rather than a small or mid-size company. ⊚ true ⊚ false Question Details AACSB : Analytical Thinking Accessibility : Keyboard Navigation Bloom's : Understand Difficulty : 2 Medium Learning Objective : 01-01 Understand what is meant by the term globalization. Topic : What is Globalization? Gradable : automatic
3)
In today’s marketplace, outsourcing efforts are confined to manufacturing activities. ⊚ true ⊚ false
Question Details AACSB : Analytical Thinking Accessibility : Keyboard Navigation Learning Objective : 01-01 Understand what is meant by the term globalization. Topic : What is Globalization? Bloom's : Remember Difficulty : 1 Easy Gradable : automatic
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4) Transportation costs and the managerial challenge of coordinating a globally dispersed supply chain are just two of the impediments companies face when trying to achieve optimal dispersion of their products between countries. ⊚ true ⊚ false Question Details AACSB : Analytical Thinking Accessibility : Keyboard Navigation Learning Objective : 01-01 Understand what is meant by the term globalization. Bloom's : Remember Difficulty : 1 Easy Topic : Various Types of Institutions in Global Business Gradable : automatic
5) The WTO polices the world trading system and without this organization, the globalization of markets might not be where it is today. ⊚ true ⊚ false Question Details Accessibility : Keyboard Navigation Learning Objective : 01-01 Understand what is meant by the term globalization. Bloom's : Remember Difficulty : 1 Easy Topic : Various Types of Institutions in Global Business AACSB : Reflective Thinking Gradable : automatic
6) Foreign direct investment (FDI) occurs when a firm invests resources in business activities outside its home country. ⊚ true ⊚ false Question Details AACSB : Analytical Thinking Accessibility : Keyboard Navigation Bloom's : Remember Difficulty : 1 Easy Learning Objective : 01-02 Recognize the main drivers of globalization. Topic : Drivers of Globalization Gradable : automatic
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7)
The retaliatory trade policies of the 1920s and 1930s contributed to the Great Depression. ⊚ true ⊚ false
Question Details AACSB : Analytical Thinking Accessibility : Keyboard Navigation Bloom's : Understand Difficulty : 2 Medium Learning Objective : 01-02 Recognize the main drivers of globalization. Topic : Drivers of Globalization Gradable : automatic
8)
The Uruguay Round extended GATT to cover services as well as manufactured goods. ⊚ true ⊚ false
Question Details AACSB : Analytical Thinking Accessibility : Keyboard Navigation Bloom's : Remember Difficulty : 1 Easy Learning Objective : 01-02 Recognize the main drivers of globalization. Topic : Drivers of Globalization Gradable : automatic
9)
Enhanced protection for patents and trademarks was one focus of the Uruguay Round. ⊚ true ⊚ false
Question Details AACSB : Analytical Thinking Accessibility : Keyboard Navigation Bloom's : Remember Difficulty : 1 Easy Learning Objective : 01-02 Recognize the main drivers of globalization. Topic : Drivers of Globalization Gradable : automatic
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10) The lowering of trade and investment barriers creates fewer opportunities for companies to have the world as their market. ⊚ true ⊚ false Question Details Accessibility : Keyboard Navigation Bloom's : Understand Difficulty : 2 Medium AACSB : Reflective Thinking Learning Objective : 01-02 Recognize the main drivers of globalization. Topic : Drivers of Globalization Gradable : automatic
11) In recent years, the economies of the world's nation-states have become less intertwined as a result of international trade. ⊚ true ⊚ false Question Details AACSB : Analytical Thinking Accessibility : Keyboard Navigation Bloom's : Remember Difficulty : 1 Easy Learning Objective : 01-02 Recognize the main drivers of globalization. Topic : Drivers of Globalization Gradable : automatic
12)
The COVID-19 global pandemic has had minimal impact on global supply chains. ⊚ true ⊚ false
Question Details AACSB : Analytical Thinking Accessibility : Keyboard Navigation Bloom's : Understand Difficulty : 2 Medium Learning Objective : 01-02 Recognize the main drivers of globalization. Topic : Drivers of Globalization Gradable : automatic
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