International Business Midterm
BSM-414
International Business Management
Mid-Term Exam
Multiple Choice Questions
1. The term globalism or globalization generally refers to ___d__. a. increasing loyalty to your own country b. global competition characterized by networks that bind countries, institutions, and people. c. competition in an increasingly borderless world d. b and c only
2. Which of the following is correct about measuring globalization: C a. The United States is the most globalized country. b. Globalization is measured using only economic factors. c. Trade, travel, technology, and links with the rest of the world are four comprehensive measures of globalization. d. The United States leads all countries in trade, travel, and links with the rest of the world.
3. The three major world currencies today are __A___. a. euro, yen, U.S. dollar b. euro, yen, peso c. euro, U.S. dollar, German mark d. euro, U.S. dollar, peso
4. In which of the following three regional free-trade blocs does most of C=today’s world trade take place? C a. Western Europe, Eastern Europe, and North America b. Western Europe, Asia, and the United States c. Western Europe, Asia, and North America d. Europe, Southeast Asia, and the Americas
5. BThe European Union currently consists of how many nations? a. Ten b. Twenty-seven c. Forty d. Fifty
6. D Which of the following countries is not one of the Four Tigers? a. South Korea b. Hong Kong c. Taiwan d. Thailand
7. China has enjoyed recent success as an export powerhouse built upon its _A____. a. strengths of low costs and flow of capital {AACSB: Multicultural/Diversity} b. geographic location in the world
International Business Management
Mid-Term Exam
Multiple Choice Questions
1. The term globalism or globalization generally refers to ___d__. a. increasing loyalty to your own country b. global competition characterized by networks that bind countries, institutions, and people. c. competition in an increasingly borderless world d. b and c only
2. Which of the following is correct about measuring globalization: C a. The United States is the most globalized country. b. Globalization is measured using only economic factors. c. Trade, travel, technology, and links with the rest of the world are four comprehensive measures of globalization. d. The United States leads all countries in trade, travel, and links with the rest of the world.
3. The three major world currencies today are __A___. a. euro, yen, U.S. dollar b. euro, yen, peso c. euro, U.S. dollar, German mark d. euro, U.S. dollar, peso
4. In which of the following three regional free-trade blocs does most of C=today’s world trade take place? C a. Western Europe, Eastern Europe, and North America b. Western Europe, Asia, and the United States c. Western Europe, Asia, and North America d. Europe, Southeast Asia, and the Americas
5. BThe European Union currently consists of how many nations? a. Ten b. Twenty-seven c. Forty d. Fifty
6. D Which of the following countries is not one of the Four Tigers? a. South Korea b. Hong Kong c. Taiwan d. Thailand
7. China has enjoyed recent success as an export powerhouse built upon its _A____. a. strengths of low costs and flow of capital {AACSB: Multicultural/Diversity} b. geographic location in the world