Beruflich Dokumente
Kultur Dokumente
(INTERNATIONAL BUSINESS)
Guidelines:
Total time : 20 mins (1 min per question) Total marks: 10 (1/2 mark of each question) Wrong answer is welcomed but not multiple answers. This 10 marks will be your final internal marks for quiz section.
a) b) c) d)
3. All commercial transactions between two or more countries are known as globalization a) True b) False
4. As a result of expansions in transportation technology, more countries can compete for sales in a given market.
a) True b) False
5. Countries have reduced import trade barriers because they believe their domestic producers will become more efficient as a result of foreign competition..
a) True b) False
6. The term _________ refers to a political system that stresses the primacy of the rights and role of the community.
a) b) c) d) Socialism Individualism Democracy Collectivism
7. Which of the following restrictions is inconsistent with a totalitarian state? a) A powerful security force. b) A citizens' freedom to speak their mind. c) Regulated access to information. d) A court system that is supervised by the political system.
8. The form of government whereby a single person, political party, or organized group controls many if not all facets of life in the nation is called a _____ system. a) b) c) d) Capitalist Democratic Socialist Totalitarianism
9. The term individualism refers to a political system that emphasizes the supremacy of collective goals over individual goals a) True b) False
10. Democracy and totalitarianism fall on the same end of the political spectrum.
a) True b) False
12. Per capita GNI is determined by ____ the size of GNI of a nation by its total population a) b) c) d) Subtracting Dividing Multiplying Adding
13. By design, the Human Development Index aims to capture _____ progress in human development.
a) b) c) d) Long-term Medium-term Short-term Immediate
14. The Human Development Index measures the average achievements in a country on 3 dimensions: a) GNI, Purchasing Power Parity, Standard of Living b) Longevity, Knowledge, Standard of Living c) Longevity, Inflation, GDP d) GNI, GDP, Knowledge
16. Key components of the balance of payments statements include which of the following pairs:
a) Current account, capital account. b) Capital account, contemporary account. c) Current account, cash account. d) Concurrent account, capital account.
18. Which of the following assumptions explains why both the home and host countries may gain from FDI?
a) Restrictions on labor outflow reduce future earnings inflows from foreign investments. b) Production resources are always fully employed. c) The gains in the host country are always greater than the gains in the home country. d) Capital and technology cannot be easily transferred from one industry to another.
19. _______ affirms that ethical truths depend on the groups holding them, making intervention by outsiders unethical.
a) b) c) d) Existentialism Normativism Relativism Dogmatism