Do you want to study international business, globalization, and more? Then we have brought this international business quiz for you here. The quiz tests your knowledge about international business and global markets. So, there are a lot of questions on the quiz, and we hope you answer most of these questions correctly and score well here. Let's go for this See morequiz now, and also wish you the best of luck!
Cross-border proliferation
Globalization
Worldwide consumerism
Internationalization
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The globalization of technology and the globalization of markets
The globalization of finance and the globalization of accounting
The globalization of advertising and the globalization of services
The globalization of markets and the globalization of production
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Globalization of production
Globalization of services
Globalization of accounting
The globalization of markets refers to the merging of historically distinct and separate national markets into:
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Markets defined by a common language
One huge global marketplace
Markets defined by a common culture
Several distinct regional markets
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Have made it easier to sell internationally for manufacturing firms but harder to sell internationally for service firms
Have made it harder to sell internationally
Have had no meaningful impact on international trade
Have made it easier to sell internationally
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Services
Industrial goods and materials
Consumer products
Intellectual capital
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Services, consumer products
Industrial goods and materials, intellectual capital
Intellectual capital, services
Consumer products, industrial goods, and materials
The tendency among firms to recruit production workers from foreign countries
The tendency among firms to move production facilities to foreign countries where wage rates are lower
The tendency among firms to use similar production methods
The tendency among firms to source goods and services from locations around the globe to take advantage of national differences in the cost and quality of factors of production
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Production
Commerce
Markets
Finance
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The globalization of management
The globalization of marketing
The globalization of production
The globalization of technology
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International
Cross-national
Cross-cultural
Global
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Transportation costs
A slowdown in the trend towards globalization worldwide
Issues associated with economic and political risk
Barriers to foreign direct investment
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The increase in barriers to the free flow of goods, services, and capital that has occurred since the end of World War II, and the decline in economic pressures around the world
The decline in political tensions around the world, formal and informal barriers to trade between countries
The decline in barriers to the free flow of goods, services, and capital that has occurred since the end of World War II, and technological change
A convergence in consumer tastes around the world, an increase in political tensions around the world
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International trade
Country-to-country exchange
Global salesmanship
Cross-national barter
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International diversification
Foreign direct investment
Cross-national investment
Transnational commerce
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Tariff Buster Trade Agreement
North Atlantic Agreement on Trade and International Business
General Agreement on Tariffs and Trade
United Nations Treaty on Trade
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Paris Round
Pacific-Rim Round
Central Asian Round
Uruguay Round
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Further reduced trade barriers
Provided enhanced protection for patents, trademarks, and copyrights
Established a common currency for international trade
Established the World Trade Organization
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General Agreement on Tariffs and Trade
Global Agreement on Taxation and Tariffs
Global Association for Technology and Trade
Global Agreement on Taxation and Trademarks
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The lowering of barriers to international trade enables firms to view the world, rather than a single country, as their market
The volume of world trade has grown at the same rate as world output since 1950
The lowering of trade barriers has facilitated the globalization of production
Foreign direct investment is playing an increasing role in the global economy
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Nations are becoming increasingly self-sufficient for important goods and services
More firms are dispersing different parts of their overall production process to different locations around the globe to increase quality
The economies of the world's nation states are becoming more intertwined.
FDI is playing an increasing role in the global economy
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Containerized shipping
Telephone
Development of optic fiber
Microprocessor
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Technological advancements
Increased trade barriers
Liberalization of markets
Cross-border capital flows
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MSNBC and other cable television networks
The Internet and World Wide Web
Fiber optics telephone and teletype service
Videoconferencing and fax technology
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An equalizer
Too expansive of a medium to be effective
A disruptive influence on international trade
A predominately Western phenomenon
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Satellite communications
Containerization
Super tankers
Computer operated barges
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The U.S. dominated the world economy and the world trade picture
Roughly half the world was governed by centrally planned economies of the Communist world, and was off-limits to Western international business
Small, U.S. entrepreneurial firms dominated the international business scene
The U.S. dominated the world foreign direct investment picture
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Increased sharply
Increased slightly
Fallen slightly
Fallen sharply
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Canada
United States
Japan
Germany
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Rapid rise, slight decline
Rapid rise, rapid decline
Sharp rise, sharp decline
Slight rise, slight decline
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Japanese
Indonesian
Chinese
Germany
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The developing nations of the world
Eastern Europe and the republics of the former Soviet Union
South America and Africa
Western Europe, including Britain, France, Germany and Belgium
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Germany
Japan
Britain
India
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Brazil
Thailand
Japan
China
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Japan and the United States
Germany and India
Japan and China
United States and Britain
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The desire to disperse production activities to optimal locations; and the desire to build a direct presence in major foreign markets
The desire to disperse production activities to optimal locations; and the desire to influence foreign exchange rates
The desire to influence foreign exchange rates; and the desire to influence political developments in foreign countries
The number of foreign direct investments exceeding $25,000
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The total cumulative value of foreign direct investments
The nations in the world that have the potential to participate in foreign direct investment
The nations in the world that participate in foreign direct investment
The nations in the world that participate in foreign direct investment
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Increased slightly
Declined
Remained stable
Increased dramatically
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South Korea
Brazil
India
China
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Multinational enterprise
International conglomerate
International consortium
Global endeavor
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Multinational
Cross-boarder
Worldwide
Diverse-national
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The rise of U.S. multinationals and the disappearance of mini-multinationals
The decline of non-U.S. multinationals and the decline of mini-multinationals
The rise of U.S. multinationals and the growth of mini-multinationals
The rise of non-U.S. multinationals and the growth of mini-multinationals
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Multinational firms that obtain less than 10 percent of their revenues from investments in foreign countries
Multinational firms from relatively small countries
Multinational firms that operate in three or less foreign countries
Small and medium-sized multinationals
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Mini-multinationals
Secondary-multinationals
Emerging-multinationals
Subordinate-multinationals
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Many of these countries seem to share a commitment to democratic politics and free market economies
In these countries, the opportunities for international business may be enormous
The economies of most of the former communist states are weak
The risk of doing business in these countries is minimal
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Political reforms, information technology
Investment, information technology
Strong currencies worldwide, political reforms
Falling barriers to international trade, investment
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Stable
Higher
Unstable
Lower
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The governments of developing countries will heavily subsidize their primary industries, making competing products produced in advanced economies less attractive
Falling trade barriers allows firms to move their manufacturing activities offshore to countries where wage rates are much lower
Globalization increases the pace of the shift from a world economy based on manufactured goods to a world economy based on services
Developing nations will recruit employees from the more advanced economies, thereby depleting their labor pools
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