国际商务 英文版 chapter1 练习.docx
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国际商务英文版chapter1练习
Chapter1Globalization
True/FalseQuestions
1.
Theshifttowardamoreintegratedandinterdependentworldeconomyisreferredtoasglobalization.
True False
2.
Acompanydoesnotneedalargesizetofacilitate,andbenefitfrom,theglobalizationofmarkets.
True False
3.
Companieshopetolowertheiroverallcoststructureorimprovethequalityorfunctionalityoftheirproductofferingthroughglobalizationofproduction.
True False
4.
Themostglobalmarketscurrentlyaremarketsforconsumerproducts.
True False
5.
Outsourcingisaprocessthatislimitedtomanufacturingenterprises.
True False
6.
ThehealthcaresectorintheU.S.cannotavailthebenefitsofoutsourcingtolow-costproducersinothernationsbecauseofthenatureofthework.
True False
7.
TheWorldBankhasfocusedonpolicingtheworldtradingsystemandmakingsurenation-statesadheretotheruleslaiddownintradetreaties.
True False
8.
TheWorldBankisknownasthelenderofthelastresort.
True False
9.
OneoftheUN'scentralmandatesisthepromotionofhigherstandardsofliving,fullemployment,andconditionsofeconomicandsocialprogressanddevelopment.
True False
10.
In2008and2009,theGATTbecametheforumthoughwhichmajornationsattemptedtolaunchacoordinatedpolicyresponsetotheglobalfinancialcrisis,whichstartedinAmerica.
True False
11.
TheUruguayRound,finalizedinDecember1993,reducedprotectionforpatents,trademarks,andcopyrights.
True False
12.
"Beggarthyneighbor"retaliatorytradepoliciesinvolvedcountriesprogressivelyloweringtradebarriersagainsteachother,whichcontributedtotheGreatDepressionofthe1930s.
True False
13.
RiversInc.,aU.S.basedsportsapparelmanufacturer,setsupaproductionunitinChinatotakeadvantageofthelowerlaborcoststhere.Thisisanexampleofforeigndirectinvestment.
True False
14.
WorldBankgivesanaidof100milliondollarstoKenyaforcreatingruralhealthcarefacilities.Thisisanexampleofforeigndirectinvestment.
True False
15.
Theloweringofbarrierstointernationaltradeenablesfirmstoviewtheworld,ratherthanasinglecountry,astheirmarket.
True False
16.
AccordingtoWTOdata,thevolumeofworldmerchandisetradehasgrownfasterthantheworldeconomysince1950.
True False
17.
Theexpansionofworldtradeimpliesthatnationsarebecominglessdependentoneachotherforimportantgoodsandservices.
True False
18.
Overthepast30yearstheflowofFDIhasacceleratedfasterthanthegrowthinworldtradeandworldoutput.
True False
19.
Theglobalizationofmarketsandproductionandtheresultinggrowthofworldtrade,foreigndirectinvestment,andimportsallimplythatfirmsarefindingtheirhomemarketsprotectedfromforeigncompetitors.
True False
20.
Thecostofmicroprocessorscontinuestofall,whiletheirpowerincreases.ThisstatementsupportsthepredictionsmadebyMoore'sLaw.
True False
21.
Accordingtocriticsofglobalization,today'sinterdependentglobaleconomylimitsanation'snationalsovereignty.
True False
22.
Criticsofglobalizationsuggestthatoverthelastcentury,thegapbetweentherichandpoornationsoftheworldhasshrunken.
True False
23.
Supportersofdebtreliefarguethatnewdemocraticgovernmentsinpoornationsshouldnotbeforcedtohonordebtsincurredbycorruptanddictatorialpredecessors.
True False
24.
Afirmdoesnothavetobecomeamultinationalenterprisetoengageininternationalbusiness.
True False
25.
Differencesbetweencountriesrequirethataninternationalbusinessvaryitspracticescountrybycountry.
True False
MultipleChoiceQuestions
26.
TheWorldTradeOrganizationpromotes_____.
A.
loweringofbarrierstocross-bordertradeandinvestment
B.
infrastructuraldevelopmentinpoornationsthroughlow-interestloans
C.
stateownershipofmajorenterprises
D.
regulationofnationaleconomies
27.
WhichofthefollowingistrueabouttheInternationalMonetaryFund?
A.
Itisprimarilyresponsibleforpolicingtheworldtradingsystem.
B.
Itisseenasthelenderoflastresorttonation-stateswhoseeconomiesareinturmoil.
C.
Itisresponsibleforestablishingmultinationaltreatiestogoverntheglobalbusinesssystem.
D.
Itwasestablishedtoformulateacoordinatedpolicyresponsetofinancialcrisesindevelopingnations.
28.
The_____wasestablishedonOctober24,1945,by51countriescommittedtopreservingpeacethroughinternationalcooperationandcollectivesecurity.
A.
WorldTradeOrganization
B.
UnitedNations
C.
G20tx
D.
WorldBank
29.
TheG20txwasoriginallyestablishedto_____.
A.
preservepeacethroughinternationalcooperationandcollectivesecurity
B.
maintainorderintheinternationalmonetarysystem
C.
formulateacoordinatedpolicyresponsetofinancialcrisesindevelopingnations
D.
manage,regulate,andpolicetheglobalmarketplace
30.
_____occurswhenafirmexportsgoodsorservicestoconsumersinanothercountry.
A.
Internationaltrade
B.
Foreigndirectinvestment
C.
Inwardinvestment
D.
Outsourcing
31.
Inlate2001,theWTOlaunchedanewroundoftalksinDohaaimedat:
A.
helpingmemberstatestocopewithfinancialcrisis.
B.
furtherliberalizationoftheglobaltradeandinvestmentframework.
C.
protectingnationaleconomiesfromglobalcompetition.
D.
promotinghigherstandardsoflivinginallmemberstates.
32.
WhichofthefollowingisNOTincludedinworldmerchandisetrade?
A.
Manufacturedgoods
B.
Agriculturalgoods
C.
Services
D.
Miningproducts
33.
_____have/hasthemosttogainfromreductionsinagriculturaltariffsandsubsidiesthatareapartoftheDohaagenda.
A.
Theworld'sdevelopednations
B.
Theworld'spoorernations
C.
Europeannations
D.
TheUnitedStates
34.
WhichofthefollowingisNOTaconsequenceofthereductionintradebarriersandrestrictionsonFDIsince1950?
A.
Firmsaredispersingpartsoftheirproductionprocesstogloballocationstodrivedownproductioncostsandincreaseproductquality.
B.
Theeconomiesoftheworld'snationstatesarebecomingmoreintertwined.
C.
Nationsarebecomingmoreindependentofeachotherforimportantgoodsandservices.
D.
Theworldhasbecomesignificantlywealthiersince1950.
35.
ThefinancialcrisisintheU.S.in2009wastriggeredby_____.
A.
theglobalhikeinthepriceofcrudeoil
B.
theslowdowninU.S.imports
C.
theproblemsintheU.S.subprimemortgagelendingmarket
D.
theartificialfixingofcurrencyratebyChina
36.
_____predictsthatthepowerofmicroprocessortechnologydoublesanditscostofproductionfallsinhalfevery18months.
A.
Keynes'sLaw
B.
Say'sLaw
C.
Moore'sLaw
D.
SullivanPrinciples
37.
Containerizationallows:
A.
reductionofthetimeneededtogetfromonelocationtoanother.
B.
simplificationoftransshipmentfromonemodeoftransporttoanother.
C.
buyersandsellerstofindeachothereasily.
D.
enterprisestocoordinateandcontrolagloballydispersedproductionsystem.
38.
TherelativedeclineoftheUnitedStatesintheshareofworldoutputandworldexportsreflects_____.
A.
anincreaseinthebarrierstoforeigntradeintheU.S.
B.
thedeepeningoftheglobalfinancialcrisis
C.
thereducedindustrializationindevelopingnations
D.
thegrowthintheeconomicdevelopmentoftheworldeconomy
39.
Inthe1970s,manyJapanesefirmsinvestedinNorthAmericaandEurope:
A.
toavoidahighlycompetitivedomesticmarket.
B.
toexploithighdomestictariffbarriers.
C.
asahedgeagainstunfavorablecurrencymovements.
D.
totakeadvantageoflowlaborcosts.
40.
Whatisthetotalcumulativevalueofforeigninvestmentsbestreferredtoas?
A.
Accumulationofforeignshares
B.
Portfolioinvestments
C.
Stockofforeigndirectinvestments
D.
Stockmarketinvestments
36.
Throughoutthe1990s,theamountofforeigndirectinvestmentdirectedatbothdevelopedanddevelopingnationsincreaseddramatically.Thistrendreflects:
A.
aslowdowninglobaleconomicactivity.
B.
theincreasingshareoftheU.S.inthetotalFDIstock.
C.
thedeclineincross-borderflowsofforeigndirectinvestment.
D.
theincreasinginternationalizationofbusinesscorporations.
37.
Whichofthefollowingcountrieshasbeenthelargestrecipientofforeigndirectinvestmentandreceivedabout$60billionto$100billionayearininflowsin2004-2009?
A.
Brazil
B.
Russia
C.
India
D.
China
68.
Amultinationalenterprise（MNE）isafirmthat_____.
A.
exportsitsproductstomultiplecountries
B.
hasproductionunitsinmorethantwocountries
C.
doesmostofitsbusinessontheInternet
D.
listsitssecuritiesonapublicexchange
39.
Whichofthesestatementspertainingtocross-borderFDIflowsi
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