國際商務 英文版 chapter 練習

1、Chapter 1 GlobalizationTrue / False Questions1.The shift toward a more integrated and interdependent world economy is referred to as globalization.TrueFalse2.A company does not need a large size to facilitate, and benefit from, the globalization of markets.TrueFalse 3.Companies hope to lower their o

2、verall cost structure or improve the quality or functionality of their product offering through globalization of production.TrueFalse4.The most global markets currently are markets for consumer products.TrueFalse5.Outsourcing is a process that is limited to manufacturing enterprises.TrueFalse6.The h

3、ealth care sector in the U.S. cannot avail the benefits of outsourcing to low-cost producers in other nations because of the nature of the work.TrueFalse7.The World Bank has focused on policing the world trading system and making sure nation-states adhere to the rules laid down in trade treaties.Tru

4、eFalse8.The World Bank is known as the lender of the last resort.TrueFalse9.One of the UNs central mandates is the promotion of higher standards of living, full employment, and conditions of economic and social progress and development.TrueFalse10.In 2008 and 2009, the GATT became the forum though w

5、hich major nations attempted to launch a coordinated policy response to the global financial crisis, which started in America.TrueFalse11.The Uruguay Round, finalized in December 1993, reduced protection for patents, trademarks, and copyrights.TrueFalse12.Beggar thy neighbor retaliatory trade polici

6、es involved countries progressively lowering trade barriers against each other, which contributed to the Great Depression of the 1930s.TrueFalse13.Rivers Inc., a U.S. based sports apparel manufacturer, sets up a production unit in China to take advantage of the lower labor costs there. This is an ex

7、ample of foreign direct investment.TrueFalse14.World Bank gives an aid of 100 million dollars to Kenya for creating rural health care facilities. This is an example of foreign direct investment.TrueFalse15.The lowering of barriers to international trade enables firms to view the world, rather than a

8、 single country, as their market.TrueFalse16.According to WTO data, the volume of world merchandise trade has grown faster than the world economy since 1950.TrueFalse17.The expansion of world trade implies that nations are becoming less dependent on each other for important goods and services.TrueFa

9、lse18.Over the past 30 years the flow of FDI has accelerated faster than the growth in world trade and world output.TrueFalse19.The globalization of markets and production and the resulting growth of world trade, foreign direct investment, and imports all imply that firms are finding their home mark

10、ets protected from foreign competitors.TrueFalse20.The cost of microprocessors continues to fall, while their power increases. This statement supports the predictions made by Moores Law.TrueFalse21.According to critics of globalization, todays interdependent global economy limits a nations national

11、sovereignty.TrueFalse22.Critics of globalization suggest that over the last century, the gap between the rich and poor nations of the world has shrunken.TrueFalse23.Supporters of debt relief argue that new democratic governments in poor nations should not be forced to honor debts incurred by corrupt

12、 and dictatorial predecessors.TrueFalse24.A firm does not have to become a multinational enterprise to engage in international business.TrueFalse25.Differences between countries require that an international business vary its practices country by country.TrueFalseMultiple Choice Questions26.The Worl

13、d Trade Organization promotes _.A.lowering of barriers to cross-border trade and investmentB.infrastructural development in poor nations through low-interest loansC.state ownership of major enterprisesD.regulation of national economies27.Which of the following is true about the International Monetar

14、y Fund?A.It is primarily responsible for policing the world trading system.B.It is seen as the lender of last resort to nation-states whose economies are in turmoil.C.It is responsible for establishing multinational treaties to govern the global business system.D.It was established to formulate a co

15、ordinated policy response to financial crises in developing nations.28.The _ was established on October 24, 1945, by 51 countries committed to preserving peace through international cooperation and collective security.A.World Trade OrganizationB.United NationsC.G20txD.World Bank29.The G20tx was orig

16、inally established to _.A.preserve peace through international cooperation and collective securityB.maintain order in the international monetary systemC.formulate a coordinated policy response to financial crises in developing nationsD.manage, regulate, and police the global marketplace30._ occurs w

17、hen a firm exports goods or services to consumers in another country.A.International tradeB.Foreign direct investmentC.Inward investmentD.Outsourcing31.In late 2001, the WTO launched a new round of talks in Doha aimed at:A.helping member states to cope with financial crisis.B.further liberalization

18、of the global trade and investment framework.C.protecting national economies from global competition.D.promoting higher standards of living in all member states.32.Which of the following is NOT included in world merchandise trade?A.Manufactured goodsB.Agricultural goodsC.ServicesD.Mining products33.

19、_ have/has the most to gain from reductions in agricultural tariffs and subsidies that are a part of the Doha agenda.A.The worlds developed nationsB.The worlds poorer nationsC.European nationsD.The United States34.Which of the following is NOT a consequence of the reduction in trade barriers and res

20、trictions on FDI since 1950?A.Firms are dispersing parts of their production process to global locations to drive down production costs and increase product quality.B.The economies of the worlds nation states are becoming more intertwined.C.Nations are becoming more independent of each other for imp

21、ortant goods and services.D.The world has become significantly wealthier since 1950.35.The financial crisis in the U.S. in 2009 was triggered by _.A.the global hike in the price of crude oilB.the slowdown in U.S. importsC.the problems in the U.S. subprime mortgage lending marketD.the artificial fixi

22、ng of currency rate by China36._ predicts that the power of microprocessor technology doubles and its cost of production falls in half every 18 months.A.Keyness LawB.Says LawC.Moores LawD.Sullivan Principles37.Containerization allows:A.reduction of the time needed to get from one location to another

23、.B.simplification of transshipment from one mode of transport to another.C.buyers and sellers to find each other easily.D.enterprises to coordinate and control a globally dispersed production system.38.The relative decline of the United States in the share of world output and world exports reflects

24、_.A.an increase in the barriers to foreign trade in the U.S.B.the deepening of the global financial crisisC.the reduced industrialization in developing nationsD.the growth in the economic development of the world economy39.In the 1970s, many Japanese firms invested in North America and Europe:A.to a

25、void a highly competitive domestic market.B.to exploit high domestic tariff barriers.C.as a hedge against unfavorable currency movements.D.to take advantage of low labor costs.40.What is the total cumulative value of foreign investments best referred to as?A.Accumulation of foreign sharesB.Portfolio

26、 investmentsC.Stock of foreign direct investmentsD.Stock market investments36.Throughout the 1990s, the amount of foreign direct investment directed at both developed and developing nations increased dramatically. This trend reflects:A.a slowdown in global economic activity.B.the increasing share of

27、 the U.S. in the total FDI stock.C.the decline in cross-border flows of foreign direct investment.D.the increasing internationalization of business corporations.37.Which of the following countries has been the largest recipient of foreign direct investment and received about $60 billion to $100 bill

28、ion a year in inflows in 2004-2009?A.BrazilB.RussiaC.IndiaD.China68.A multinational enterprise (MNE) is a firm that _.A.exports its products to multiple countriesB.has production units in more than two countriesC.does most of its business on the InternetD.lists its securities on a public exchange39.

29、Which of these statements pertaining to cross-border FDI flows is true?A.There was a growth of FDI between 2004 and 2007.B.A slump in FDI from 1998 to 2000 was followed by a surge from 2001 to 2003.C.Among developing nations, the largest recipient of FDI has been Russia.D.The dramatic increase in FD

30、I reflects the decreasing internationalization of business corporations.40.Since the 1960s, which of the following has been a notable trend in the demographics of the multinational enterprise?A.The decline of multinational companies in the manufacturing sectorB.The growth of government-owned multina

31、tional enterprisesC.The decline of non-U.S. multinationalsD.The growth of mini-multinationals46.NAFTA was passed only after:A.China agreed to establish a higher minimum wage.B.the U.S. agreed to limit the number of jobs that could be outsourced.C.Mexico committed to tougher enforcement of environmen

32、tal protection regulations.D.Canada committed to establish new limits on FDI.47.Globalization is criticized because it increases the power of _.A.governments to own enterprisesB.unskilled labor to form labor unionsC.supranational organizations over nation-statesD.nation-states to regulate markets and reduce competition48.The World Trade Organization has estimated t