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International Marketing

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Q. 1 Which of the following is a fully Industrialized country?

a)

A. Brazil

b)

B. Russia

c)

C. Germany

d)

D. Argentina

e)

E. Vietnam

2.

Q. 2 Which of the following is true about MDCs (more- developed countries) ?

a)

A. These countries are just entering world trade.

b)

B. Majority of their population stays in rural areas.

c)

C. These countries have high per capita income.

d)

D. These countries have little world trade involvement

e)

E. These countries have mainly agrarian economies.

3.

Q. 3 According to UN's stages of economic development for classifying countries with respect to levels of industrialization, Canada falls under the category ?

a)

A. Third world countries

b)

B. Least-developed countries

c)

C. More-developed countries

d)

D. Less-developed countries

e)

E. Pre-emerging countries

4.

Q. 4 When countries sell off state-owned enterprises and privatize them, it usually results in:

a)

A. Lack of accommodation of outside investors

b)

B. Decline in productivity throughout the private sector

c)

C. Release of capital to invest in strategic areas

d)

D. Instant change in political leadership

e)

E. Continuing drain on future natural resources

5.

Q. 5 Which of the following statements is true about the Internet ?

a)

A. The Internet further increases the advantages of rich economies over the poor ones.

b)

B. The Internet increases market transaction costs.

c)

C. The Internet allows for innovative services but at a relatively higher costs.

d)

D. The Internet enables smaller firms in emerging economies to sell into a global market.

e)

E. The Internet decreases the economies of scale from vertical integration

6.

Q. 6 Which of the following countries has 100% literacy rate ?

a)

A. Mexico

b)

B. Canada

c)

C. Colombia

d)

D. Argentina

e)

E. Peru

7.

Q. 7 Economic Planners are often more ---------- oriented than marketing oriented.

a)

A. production

b)

B. advertising

c)

C. logistics

d)

D. theory

e)

distribution

8.

Q. 8 Which of the following is the largest common-market agreement in the Americas ?

a)

A. CFTA

b)

B. NAFTA

c)

C. Mercosur

d)

D. DR-CAFTA

e)

E. SAFTA

9.

Q. 9 Which of the following key provisions of NAFTA restricts Japan from assembling autos in Mexico and avoiding US or Canadian tariffs and quotas, unless the auto had a specific percentage of Mexican content ?

a)

A. Services

b)

B. Standards

c)

C. Rules of Origin

d)

D. Uniform custom procedures

e)

E. Government procurement

10.

Q. 10 All of the following are traits of big emerging markets (BEMs) EXCEPT:

a)

A. they import less than smaller markets

b)

B. they are all physically large

c)

C. they have significant population

d)

D. they are regional economic drivers

e)

E. they are of major political importance within their regions