Exam 1

All of the following are BRICS nations EXCEPT

Globalization is

Which of the following is an example of intangible trade?

Which international business activity specifically allows the use of intellectual property abroad?

Which of the following was created after World War II to reverse restrictions on international trade and investment that had occurred after World War I and during WW II?

What are some of the ways international business differs from doing business domestically?

Domestic and international business differ in all of the following ways EXCEPT

According to the Chapter 1 lecture, all of the following are aspects of globalization EXCEPT

The majority of FDI comes from ______; the majority of FDI goes to _____.

Based on what we learned in the Chapter 1 lecture about internet penetration rates and the number of internet users in different areas of the world, which region likely has the most potential for online businesses in the future?

All of the following international political changes facilitated globalization EXCEPT

Highly globalized countries tend to be

The manufacturing sector receives the most global FDI.

In 2008-2009, why did global economic indicators fall sharply worldwide?

All of the following are examples of international merchandise trade EXCEPT

In countries where trade across borders is _____ economies tend to be ____.

The main difference between foreign direct investment and foreign portfolio investment is that FDI means one actively controls property or assets, while FPI is an asset purchase to increase one's rate of return.

According to BP's latest Energy Outlook, the global growth of energy consumption is rising.

All of the following are CIVETS EXCEPT

An example of FDI is

Which of the following best describes keiretsu?

One of the main reasons it has been considered risky to conduct business in the Middle East is

Which two countries have the largest bilateral trade relationship in the world?

Who are Russia's oligarchs?

All of the following are part of the North American marketplace EXCEPT

The Russian government exerts a lot of control over the media in the country.

The form of government that best describes most EU members is

Which of the following can be found in China today?

All of the following have hindered growth in India EXCEPT

The USSR's economic policies _______ income inequality and _______ living standards.

All of the following are generally considered high-income nations EXCEPT

All of the following are central challenges to conducting business in India EXCEPT

FDI to China has increased significantly in recent decades due to

All of the following are likely to cause a new round of tension in the Arctic EXCEPT

Your friend Albert has told you that he is moving to the Eurozone. He could be moving to any of the following countries EXCEPT

After World War II, many Latin American countries used both import substitution and export promotion to try and increase economic growth. These policies caused all of the following problems EXCEPT

The United Kingdom is a member of the European Union. (Although the "leaves" won the Brexit vote, the UK has not yet officially left the EU.) This means that the UK

Because the yen is viewed as a ______ currency, Japan's exports have _____.

In 2014, violent protests occurred in _____ over its relationship with the EU, leading to conflict with Russia.

China's FDI inflows have increased sharply in the last few years.

A(n) ______ limits commerce with a country, while a(n) _____ bars all commerce with a country.

Which type of law controls what a company may do outside the borders of the country where it is headquartered?

The WTO TRIPs Agreement

All of the following insure firms against political risk EXCEPT

Many countries that rank very low on the World Bank's "Doing Business" report can be found in

What is the difference between expropriation and confiscation?

_______ occurs when one jurisdiction will apply the laws of a second jurisdiction so long as the laws don't violate the first jurisdiction's laws.

Changing a country's technological environment can change its economy.

In China, which two legal concepts are currently at odds with one another?

What kind of legal system is found in Saudi Arabia?

Your boss is considering partnering with either an American company or a German company. He is leaning toward the American company because, he says, when he compares the two companies' financial statements side-by-side, the German business looks weaker than the U.S. option. What do you advise him to do?

All of the following government policies are designed to affect international business directly EXCEPT

According to Transparency International's Corruption Perceptions Index, the average country scores below 50.

Suppose your company is being sued in both French and American courts. You win the case in France and ask the U.S. court to enforce the French ruling. If the U.S. court agrees, it would be applying _______.

According to Price Waterhouse Cooper's annual CEO survey, the top concern for executives is

According to the Chapter 3 lecture, all of the following are positive effects that a multinational corporation may have in a host country EXCEPT

Given what you know about the current situation in Germany, where would you expect to find the country ranked on the World Justice Project's Rule of Law Index?

GAAP accounting procedures are likely to be followed in all of the following countries EXCEPT

According to the latest "Doing Business" Report from the IFC/World Bank, which country is the most business-friendly in the world?

According to Transparency International's Corruption Perceptions Index, the region of the world with the most corruption is

How is time valued differently in Anglo-Saxon countries vs. in Latin America?

According to the Chapter 4 text, all of the following are basic elements of culture EXCEPT

In considering Hofstede's Six Dimensions of Culture, neither extreme should be considered "good" or "bad."

_____ Index measures language diversity.

A culture that values independence and a person's own career first has a(n) ______

The basic elements of culture include all of the following EXCEPT

The country that Extech Corp. has decided to enter is one in which facts, data, and specific terms of business agreements are important. This country's approach would best be described as a(n)_____.

An individualist society is more likely to be power respecting.

_______ is the primary delineator of cultural groups.

Because nonverbal communication is _____, when in a new culture, ______.

Convergence of lifestyles worldwide makes it ______ for companies to _______

You are making a business deal, and your counterparts speak very frankly and rely heavily on contracts and lawyers to complete the transaction. Your counterparts are most likely from

According to the Pew Index of Religious Diversity, China has a very high level of religious diversity.

The world's cultures are becoming ______ due to ______.

You have traveled abroad with your boss. During a meeting, your counterparts offer you a drink, and your boss says, "No, thank you." You notice that your counterparts are very offended by that statement, and the rest of the meeting does not go well. You have most likely traveled to

Nissan CEO Carlos Ghosn's interactions with his employees worldwide demonstrated that his Latin European and Latin American employees were more _____, while his Japanese employees were more ________.

All of the following countries are known to have higher levels of social mobility EXCEPT

Suppose your business is operating in a country where your employees are stimulated by change, see ambiguity as an opportunity, and thrive on risk. Then according to Hofstede's framework, you are in a(n) ________ culture.

Which basic element of culture has the most significant effect on consumption trends throughout the year?

According to Hofstede's findings, cultures tend to be either _______ or _______

People from same or similar cultures are likely to hold similar beliefs about what constitutes ethical or unethical behavior.

If you have "good guanxi" with a Chinese businessperson, this means that

All of the following are laws regulating ethics and social responsibility internationally EXCEPT the

What is an example of a type of company that is designed to fulfill the "Triple Bottom Line"?

Ethics do not vary across time or location.

______ behavior is behavior that conforms to generally accepted social norms.

A company known for its obstructionist stance toward social responsibility is

Guanxi is

In the _______ approach to corporate social responsibility, the state, market, and civil society are separate and antagonistic.

What is mainly driving the move toward more corporate social responsibility?

According to the Chapter 5 lecture, which African country recently implemented new laws designed to protect whistle-blowers?

Proctor & Gamble creates and funds a $200,000 clean-water project in a number of Nigerian cities. On the scale of approaches to social responsibility, this would be considered

Which U.S. law bans American firms, their employees, and agents acting on their behalf from paying or offering to pay bribes to any foreign government official in order to influence the official actions or policies of that individual to gain or retain business?

The textile industry has faced serious ethical issues recently due to the ____ in _____.

The risk of slavery in the EU has recently increased due to

All of the following are steps in evaluating a company's CSR efforts EXCEPT

Which major EU member recently (within the last decade) passed a law making it illegal for companies to fail to prevent bribery or to engage in corruption anywhere in the world?

One of the reasons slave labor remains common in industries such as textiles is that

If a firm wants a formal, thorough analysis of the effectiveness of its programs designed to improve the environment and provide donations to charitable organizations, it might

Which of the following most likely improves the effectiveness of a code of ethics for an MNE?