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Chapter 7.3 (Group 7)

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Corporate Corruption definition

a)

involvement in illegal activities to further one’s business interests.

b)

involvement in legal activities to further one’s business interests.

c)

anxiety in legal work that harms one's business interests.

d)

anxiety in illegal work that harms one's business interests.

2.

These are the examples of Corporate Corruption, except...

a)

Volkswagen: emissions test scandal

b)

Siemens: taking bribes

c)

Conrad Black: fraud and obstruction of justice

d)

BMW : Sales with big discounts

3.

Dumping definition

a)

buying products in a foreign country below the cost of production in the home country.

b)

selling products in a foreign country below the cost of production in the home country.

c)

selling products in a home country below the cost of production in the foreign country.

d)

buying products in a home country below the cost of production in the foreign country.

4.

Subsidizing occurs when

a)

the importing of a good is helped through financial assistance from the foreign government.

b)

the exporting of a good is helped through financial assistance from the foreign government.

c)

the exporting of a good is helped through financial assistance from the local government.

d)

the importing of a good is helped through financial assistance from the local government.

5.

These are the examples of Subsidizing, except...

a)

grants

b)

loans with preferential interest rates

c)

the skimming of money

d)

tax incentives

6.

Around how many people live in intense poverty today?

a)

750 Milion

b)

690 Million

c)

800 Million

d)

1 billion

7.

The meaning of microcredit is:

a)

the granting of very small loans to spur entrepeurship

b)

the granting of very small bonds to spur entrepeurship

c)

the granting of very small mortgages to spur entrepeurship

d)

the granting of very small grants to spur entrepeurship

8.

Which is not considered a small business by private or corporate investors?

a)

Farming

b)

Selling Rice

c)

Manufacturing cars

d)

providing

cell-phone service

9.

(a)   percent of the world’s population lives on less than

$1.90 USD per day

10.

The top priorites of sustainable development mentioned are:

a)

reduce inequality & pollution

b)

pollution & resource depletion

c)

deforestation & pollution

d)

poluttion & conservation