Chapter 1

Chapter 1

University

5 Qs

quiz-placeholder

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Chapter 1

Chapter 1

Assessment

Quiz

Business

University

Practice Problem

Hard

Created by

Rachel Rabb

Used 1+ times

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which example refers to a country's transition from being a source of inexpensive labor to growing hotbeds of innovation in diverse fields, such as telecommunications, automobile manufacturing, biotechnology, and health care?

globalization

multipolar world

emerging economies

decoupling

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

PricewaterhouseCoopers (PwC), one of the four largest global auditing firms, compares the current ranking of the top ten economies to the anticipated top 10 economies of 2050. PwC anticipates a shift in the global balance of power, especially economic and business power. What countries is it anticipating being the top three countries in the world based on the gross domestic product (GDP)?

United States

Africa

China

India

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are the three important institutions that will continue to guide the future direction of globalization?

International Monetary Fund

World Bank

World Trade Organization

World Trade Alliance

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To provide instant access to market information and government programs to remote villagers, with Internet prices falling, governments in emerging economies are facilitating the spread of what resource to rural towns?

Television

AI

Social Media

Broadband

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant factor in determining where multinational corporations conduct business according to a survey by the World Bank?

Corporate Social Responsibility

sustainable development

job loss and income stagnation

socioeconomic development

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