GLOBALIZATION

GLOBALIZATION

University

10 Qs

quiz-placeholder

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GLOBALIZATION

GLOBALIZATION

Assessment

Quiz

Professional Development

University

Practice Problem

Medium

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Syarifah (KTN)

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

 The merging of historically distinct and separate national markets into one huge global marketplace is referred to as the __________.

GLOBALIZATION

GLOBALIZATION OF MARKET

GLOBALIZATION OF PRODUCTION

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Firms that are involved in international

business tend to be

LARGE

SMALL

MEDIUM

ALL OF ABOVE

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which organization is responsible for policing

the world trading system?

WORLD BANK

WTO

IMF

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

As a result of __________, a company such as IBM can build the case, keyboard and hard drive for its product in one country, build the wireless card in a second country, the microprocessor in a third country, and assemble it in still another country.

GLOBALIZATION OF PRODUCTION

GLOBALIZATION

GLOBALIZATION OF MARKET

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When a firm exports goods or services to consumers in another country

international trade has occurred

foreign direct investment takes place

The volume of foreign trade declines

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Falling barriers to cross-border trade:

have made it harder to sell internationally

have had no meaningful impact on international trade

have made it easier to sell internationally

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

home country of Nestle is

United States

Switzerland

Germany

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