SAINT GBA440 MODULE 3 QUIZ

| September 28, 2018

Question

Question
1. Question :
Exports
are:
all
goods and services sold abroad and sent out of a country.
all
goods and services purchased abroad and brought into a country
Any
commercial transaction that crosses the borders of two or more nations.
none
of the above.
Question
2. Question :
All
goods and services purchased abroad and brought into a country are called
________.
domestic
products
exports
national
products
imports
Question
3. Question :
International
business is:
all
goods and services sold within a country.
use
of computer networks to purchase, sell, or exchange products.
any
commercial transaction that crosses the borders of two or more nations.
none
of the above
Question
4. Question :
________
is the trend toward greater economic, cultural, political, and technological
interdependence among national institutions and economies.
International
business
Denationalization
Globalization
E-business
Question
5. Question :
A
major flaw of the original General Agreement on Tariffs and Trade (GATT) was
that it lacked the power to:
erect
barriers to trade.
dismantle
bilateral trade agreements.
govern
exchange rates.
enforce
world trade rules.
Question
6. Question :
The
_______ is charged with resolving disputes among members.
NAFTA
GATT
WTO
None
of the above
Question
7. Question :
Which
of the following describes the value of a nation’s good goods and services
produced by a domestic economy divided by its population?
Gross
domestic product (GDP)
Gross
domestic product (GDP) per capita
Gross
national product (GNP) per capita
Gross
national product (GNP)
Question
8. Question :
Which
of the following was created to regulate fixed exchange rates and enforce the
rules of the international monetary system?
International
Monetary Fund
World
Trade Organization
European
Union
World
Bank
Question
9. Question :
Critics
of globalization argue that globalization causes environmental conditions to:
increase
gradually.
remain
at status quo levels.
decline
slightly, then level off.
decline
significantly.
Question
10. Question :
Which
of the following terms is defined as the set of values, beliefs, rules, and
institutions held by a specific group of people?
Customs
Rituals
Culture
Aesthetics
Question
11. Question :
The
belief that one’s own ethnic group or culture is superior to that of others is
referred to as:
cultural
inheritance.
cultural
diffusion.
cultural
literacy.
ethnocentricity.
Question
12. Question :
Which
of the following terms is used to refer to the positive or negative
evaluations, feelings, and tendencies that individuals harbor toward objects or
concepts?
Customs
Attitudes
Manners
Values
Question
13. Question :
Which
of the following terms is used to refer to any element that represents a
culture’s way of life, including gestures, material objects, traditions, and
concepts?
Intangible
product
Tangible
product
Aesthetic
Cultural
trait
Question
14. Question :
Which
of the following terms is used to refer to habits or ways of behaving in
specific circumstances that are passed down through generations?
Customs
Attitudes
Values
Manners
Question
15. Question :
A
________ is a system of social stratification in which personal ability and
actions determine an individual’s social status and mobility.
genealogy
system
moksha
system
caste
system
class
system
Question
16. Question :
According
to Hofstede’s framework, which of the following describes the degree of
inequality between people in different occupations?
Power
distance
Uncertainty
avoidance
Individualism
Collectivism
Question
17. Question :
Which
of the following is the world’s single largest religion?
Jewish
Christianity
Islamic
Confucianism
Question
18. Question :
Totalitarian
political systems include authoritarian regimes such as:
democracy
and theocracy.
anarchism
and pluralism.
communism
and fascism.
capitalism
and secularism.
Question
19. Question :
The
belief that both private and public groups play important roles in a nation’s
political activities is called ________.
totalitarianism
capitalism
anarchism
pluralism
Question
20. Question :
Most
democratic nations practice ________, in which citizens elect individuals from
their groups to help govern the people and pass laws.
public
referendums
secular
totalitarianism
representative
democracy
socialist
pluralism
Question
21. Question :
The
likelihood that a society will undergo political change that negatively affects
local business activity is called ________ risk.
political
investment
economic
cultural
Question
22. Question :
________
is the forced transfer of assets from a company to the government with compensation.
Expropriation
Nationalization
Confiscation
Localization
Question
23. Question :
Which
of the following legal systems is based on a detailed set of written rules and
statutes that constitute a legal code?
International
law
Civil
law
Tribal
law
Common
law
Question
24. Question :
A
________ is a right granted to the inventor of a product or process that
excludes others from making, using, or selling the invention.
patent
trademark
civil
right
copyright
Question
25. Question :
Scenario:
Susan Goes Global with Grape Fizz
Susan
is the CEO of Grape Fizz, a global drinks-manufacturing company. She wishes to
set up production facilities in other countries and has been advised to assess
the political system of each country before she does so.
Susan
also decides not to set up production facilities in Margazo, a country which
functions by a strict set of religious tenants, because some of them contradict
her company’s work policy. Expecting potential employees to break away from
these traditions is not an option since religion plays an important role in the
functioning of the nation. What kind of political system prevails in Margazo?
Pluralistic
Theocracy
Tribal
totalitarian
Democracy

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