Globalization and International Business 1) The broadening set of interdependent relationships among people from different parts of the world is known as ________. A) globalization B) offshoring C) franchising D) outsourcing Answer: A Diff: 1 Page Ref: 5 Skill: Concept Objective: STUDY QUESTION 1.1: What are international business and globalization? What is the relationship between them? AACSB: Multicultural and Diversity 2) The term globalization is sometimes used to mean the ________. A) movement of jobs
Chapter 5 Exchange Rate Systems questions 1. How can you quantify currency risk in a floating exchange rate system? Answer: To characterize the risk of a currency position, you must try to characterize the conditional distribution of the future exchange rate changes. With floating exchange rates, historical information provides useful information about this distribution. For example, you can use data to measure the average historical dispersion (standard deviation or volatility)
country to another country c. One country to multiple country d. All of the above 2. ETC stands for a. Expert trading companies b. Essential trading companies c. Export trading companies d. None of the above 3. Till 1950-56 there was no clear exim policy and no _________ restrictions of any kind a. Import b. Export c. Both a) & b) d. None of the above 4. Tariffs have been
Quiz 4 Econ 430 Money & Banking Spring 2012 Prof. Drescher MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Please place your answers for this section on the answer sheet for Quiz 2 template (see Course Content for the answer sheet). 1 An increase in autonomous consumer expenditure causes the equilibrium level of aggregate output to ________ at any given interest rate and shifts the ________ curve to the ________, everything else
circumstances, the presentation of research by a U.S. scientist at a convention in a foreign nation may require an export license. ANS: T PTS: 1 2. The Department of Commerce possesses the power to restrict imports. ANS: T PTS: 1 3. The current law that controls the export of goods from a U.S. manufacturer to a foreign buyer also controls the re-export of those goods beyond the boundaries of the country of the original foreign buyer. ANS: T PTS: 1 4. Among the reasons for controlling exports are the
2009, S1 and S2 of year 2008, S1 and S2 of year 2007, S1 and S2 of year 2006 — these past exam papers are more relevant to our current courses as we have used the same textbook, course outline and study guide. Please ignore the multiplier questions as those questions are not relevant for our final exam. I also encourage my students to go through all those elive sessions (recorded by myself). These elive sessions will refresh your memory as well as help you to understand the
US Intervention and the Acceleration of Genocide in Foreign Countries In Roland Joffe's (1984) The Killing Fields, two journalists' attempt to uncover and expose the detrimental effects of United States military action in Cambodia is thwarted by US intervention. Army reporters deliver to the press a sanitized version of a bombing that has obliterated a Cambodian city by mistake and the two journalists realize that the truth of the war is being whitewashed and a way is being paved for authoritarian
trading partners. ANSWER: your competitive position is likely improved. 20. Production of goods and services has become globalized to a large extent as a result of _______. ANSWER: Multinational corporations’ efforts to source inputs and locate production anywhere where costs are lower and profits are higher. 21. Country A can produce 10 yards of textiles or 6 pounds of food per unit of input. Compute the opportunity cost of producing one additional unit of food instead of textiles. ANSWER: 1 Yard of textile
Part A – Microeconomics: Question 1: Indicate whether each of the following changes in price cause total revenue to increase, decrease or remain unchanged? Explain why. (2 marks each) a Price falls and demand is elastic; b Price rises and demand is elastic; c Price falls and demand is unitary elastic; d Price rises and demand is unitary elastic; e Price falls and demand is inelastic. Question 2: a Define, describe and illustrate with a diagram, one opportunity cost
Individual Assignment 3 In this assignment I am discussing some case study questions from chapter 7 and critical thinking discussion questions for chapters 8 and 9 of the Global Business Today text. These questions are for the individual week 3 assignment of our MBA 539 International Business class. These discussion questions are composed to increase the reader’s understanding of “the political economy of international trade”, “foreign direct investment” and “regional economic integration” as explained