IB GROUP2

IB GROUP2

University

15 Qs

quiz-placeholder

Similar activities

Strategies of International Business

Strategies of International Business

12th Grade - University

10 Qs

MM3A Q-1 SM

MM3A Q-1 SM

University

15 Qs

DISTMAN Quizizz

DISTMAN Quizizz

University

10 Qs

Chapter 1&2

Chapter 1&2

University

14 Qs

ADDITIONAL STOCKHOLDERS EQUITY

ADDITIONAL STOCKHOLDERS EQUITY

University

10 Qs

Business Plan - MCQ

Business Plan - MCQ

University

16 Qs

Chapter 4  - Consumer Market

Chapter 4 - Consumer Market

University

20 Qs

MANAGEMENT

MANAGEMENT

11th Grade - University

15 Qs

IB GROUP2

IB GROUP2

Assessment

Quiz

Business

University

Practice Problem

Easy

Created by

Hoa Nguyễn

Used 1+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The comparison Walmart's revenues to Norway's Gross National Income (GNI) primarily to illustrate that...

Retail companies are the most important part of the global economy.
The economic influence of some transnational corporations can be comparable to that of entire nations.
Norway is an economically weak country.
All transnational corporations are American.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following scenarios is the BEST example of Foreign Direct Investment (FDI) as defined in the text?

You buy 50 shares of Toyota stock on the Tokyo Stock Exchange.
A German company (Siemens) builds a new wind turbine factory in the United States.
A French tourist pays for a hotel stay in Italy.
You import a smartphone that was made in China.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the key characteristic of economic globalization?

It is a trend driven exclusively by government policies.
It only involves the movement of physical goods across borders.
It involves the international integration of multiple elements, including goods, capital, technology, and labor.
It is a recent phenomenon that only began in the 21st century.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the historical relationship between the growth of international trade and the growth of the world's overall economy (world output)?

The growth of international trade has generally been slower than the growth of the world economy.
The growth of international trade has consistently been faster than the growth of the world economy.
The two have always grown at exactly the same rate.
The text suggests there is no clear relationship between the two.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Theodore Levitt's theory, as mentioned in the text, argues that the "proletarianization" (standardization) of global markets is primarily driven by:

The United Nations forcing countries to adopt similar standards.
A natural decline in cultural differences over time.
New technologies in communication and transportation.
The dominance of the English language.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a political driver of globalization?

The internet
Privatization of industries
Low-cost manufacturing
Market saturation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Free trade agreements such as NAFTA or the EU aim to:

Increase tariffs
Limit investment
Expand markets and reduce barriers
Restrict imports

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?