International Business Quiz

A business that has direct investments in marketing or manufacturing subsidiaries in multiple countries is called a what?

• Regional Business

• Local Enterprise

• Multinational Corporation

• Global Corporation

What is globalization characterized by?

• Denationalization

• Nationalization

• Centralization

• Localization

What benefits might companies obtain from the globalization of markets?

• Limited customer base

• Increased competition

• Reduced market reach

• Higher prices

Sustainability is development that meets present needs without compromising what?

• Technological advancements

• Globalization

• Current profits

• Future generations' needs

What global organizations have helped expand globalization?

• United Nations

• World Health Organization

• World Trade Organization

• Greenpeace

What technological innovations are helping to propel globalization?

• Internet

• Typewriter

• Fax machines

• Telegraph

In the debate over jobs and wages, opponents of globalization say that it does what?

• Increases jobs in developed nations

• Raises wages in developing nations

• Eliminates jobs in developed nations

• Boosts economy in developing nations

In the debate over jobs and wages, supporters of globalization say that it does what?

• Increases wealth and efficiency in all nations

• Lowers wages in developed nations

• Exploits workers in developing nations

• Reduces job opportunities globally

Evidence suggests that globalization can help developing nations boost incomes for their poorest citizens in what part of the debate over inequality?

• No impact on income inequality

• Decreases income inequality

• Increases income inequality

• Maintains income inequality

In the debate over inequality between nations, evidence suggests that developing nations that are open to trade and investment do what?

• Face political instability

• Achieve economic growth

• Struggle with poverty

• Experience economic decline