Chapter 1- Globalization

Chapter 1- Globalization

University

10 Qs

quiz-placeholder

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Chapter 1- Globalization

Chapter 1- Globalization

Assessment

Quiz

Business

University

Medium

Created by

Sylvia Findlay

Used 15+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the opening case, Bombardier is a good example of:

Domestic Markets

Globalization of production

Outsourcing

Foreign Exchange

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Currently, most global markets are markets for what type of product?

Industrial Goods

National Products

Foreign Goods

Deregulated Products

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The _______ is seen as the lender of last resort to nation-states whose economies are in turmoil

WTO

GATT

World Bank

IMF

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_______ are the two macro factors that seem to underlie the trend toward greater globalization.

Economic Stability and Technological Change

Economic Stability and Capitalism

Free flow of goods and Global Production

Free flow of goods and Technological Change

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The investing of resources in business activities outside a firm's home country is referred to as:

Foreign Direct Investment

International Trade

Domestic Direct Investment

Outsourcing

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The acronym WTO stands for:

Western Trade Organization

World Tariff Organization

World Trade Organization

World Trade Operations

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Over the past fifty years, which country dominated the world trade picture?

Canada

U.S.

U.K.

India

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