T3T1 - Chap1 Characteristics and trend of economic globalisation

1. Which of the following are correct descriptions of economic globalisation? （1） The various economies are affecting each other mutually. （2） There is mobility of labour throughout the world. （3） Local enterprises have to face competition from global enterprises. （4） The economies of the developing countries have generally caught up with those of the developed countries.

• A. （1）,（2）and（3）only
• B. （1）,（3）and（4）only
• C. （2）,（3）and（4）only
• D. （1）,（2）,（3）and（4）

2. Which of the following is not a reason for the rapid development of economic globalisation?

• A. Facilitation by multinational corporations
• B. A global drop in the prices of raw materials
• C. Continous improvement in the transportation networks of various countries
• D. The emergence of numerous international economic organisations

3. Which of the following international organisations are global economic organisations? （1） International Monetary Fund （2） World Trade Organization （3） Asian Infrastructure Investment Bank （4） World Bank Group

• A. （1）,（2）and（3）only
• B. （1）,（3）and（4）only
• C. （1）,（2）and（4）only
• D. （1）,（2）,（3）and（4）

4. Which of the following are the functions of international economic organisations? （1） Establish a cross-regional platform for economic and trade cooperation. （2） Promote the fair conduct of international trade. （3） Support member countries to cope with economic crises. （4） Formulate import and export quotas for the member countries.

• A. （1）,（2）and（3）only
• B. （1）,（3）and（4）only
• C. （2）,（3）and（4）only
• D. （1）,（2）,（3）and（4）

5. Which of the following are the operational difficulties encountered by the international economic organisations? （1） Insufficient binding force of organisations’ resolutions （2） Lack of public recognition for the organisations （3） Divergence of opinions among the member countries （4） Difficulty in cooperating with the regional economic organisations

• A. （1）and（3）only
• B. （1）,（3）and（4）only
• C. （2）,（3）and（4）only
• D. （1）,（2）,（3）and（4）

6. Which of the following are correct descriptions of multinational corporations? （1） All of them come from the developed countries. （2） Different industries are involved in their businesses. （3） They only operate overseas businesses. （4） They adopt internationational division of labour.

• A. （1）only
• B. （2）and（4）only
• C. （3）and（4）only
• D. （1）,（2）,（3）and（4）

7. Which of the following are not high-tech processes? （1） Raw material processing （2） Precision parts manufacturing （3） Product research and development （4） Product packaging

• A. （4）only
• B. （1）and（4）only
• C. （2）and（3）only
• D. （1）,（3）and（4）only

8. Which of the following are correct descriptions about international division of labour? （1） OEM (original equipment manufacutring) is the most common mode of international division of labour. （2） International division of labour helps enterprises form their global production chains. （3） Product development and design are carried out mainly in the developing countries.

• A. （1）only
• B. （1）and（2）only
• C. （2）and（3）only
• D. （1）,（2）and（3）

9. Which of the following are the main development modes of multinational corporations? （1） They adjust promotion strategies in response to different local cultures. （2） They usually outsource their production processes to OEM (original equipment manufacturing) factories. （3） They usually implement institutionalised management. （4） They attach importance to corporate brand building.

• A. （1）,（2）and（3）only
• B. （1）,（2）and（4）only
• C. （2）,（3）and（4）only
• D. （1）,（2）,（3）and（4）

10. Which of the following are ways in which multinational corporations develop international sales markets? （1） Setting up overseas retail outlets （2） Cooperating with local distributors on sales promotion （3） Setting up online stores to expand global markets （4） Accepting the use of electronical payments by customers

• A. （1）,（2）and（3）only
• B. （1）,（2）and（4）only
• C. （1）,（3）and（4）only
• D. （1）,（2）,（3）and（4）