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Chapters 9-12 Review

What is the tenet that China follows to ensure that Hong Kong’s exuberant capitalism is retained despite the communist leanings of mainland China?
Answers

Absolute plutocracy

Sovereignty of the provinces

Theocracy

Noninterventionist approach

One country, two systems

Which of the following is true of the CFTA?
Answers

It was designed to eliminate trade barriers between the United States, Canada, and parts of Asia.

It created several, independent commercial markets for goods and services.

It was a customs union like the European Community.

It involved economic and political unions.

It provided only for the elimination of tariffs and other trade barriers between the United States and Canada. The most important advantage of Northeast China that mainly contributed toward its being the industrial and technological center of the country in the 1970s and 1980s is:
Answers

its juxtaposition with China’s most important industrial neighbors.

the lack of economic diversity in this area.

the existence of oil fields these areas.

that it contains Hong Kong, Macau, Guangzhou, and Shenzhen.

that it has the authority to impose embargoes upon its trading partners.

Which of the following provinces of China shares the closest economic ties with South Korea?
Answers

Liaoning

Jilin

Heilongjiang

Guangdong

Hainan

If a company were to focus on market planning that involved specific actions and allocation of resources, the company would be using _____ planning.
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tactical

strategic

corporate

operational

synergistic

The primary multinational trade group in Asia is _____.
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NAFTA

COMESA

CEFTA

SADC

ASEAN With respect to the evolution of the marketing process, which of the following would be considered to be the most fundamental substage (first substage)?
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