国际商务第一章复习题
Chapter 01 True / False Questions 1. The shift toward a more integrated and interdependent world economy is referred to as globalization. True False 2. A company does not need a large size to facilitate, and benefit from, the globalization of markets. True False 3. Companies hope to lower their overall cost structure or improve the quality or functionality of their product offering through globalization of production. True False 4. The most global markets currently are markets for consumer products. True False 5. Outsourcing is a process that is limited to manufacturing enterprises. True False 6. The health care sector in the U.S. cannot avail the benefits of outsourcing to lowcost producers in other nations because of the nature of the work. True False 7. The World Bank has focused on policing the world trading system and making sure nation-states adhere to the rules laid down in trade treaties. True False 8. The World Bank is known as the lender of the last resort. True False 9. One of the UN s central mandates is the promotion of higher standards of living, full employment, and conditions of economic and social progress and development. True False 10. In 2008 and 2009, the GATT became the forum though which major nations attempted to launch a coordinated policy response to the global financial crisis, which started in America. True False 11. The Uruguay Round, finalized in December 1993, reduced protection for patents, trademarks, and copyrights. 12. “Beggar thy neighbor“ retaliatory trade policies involved countries progressively lowering trade barriers against each other, which contributed to the Great Depression of the 1930s. True False 13. Rivers Inc., a U.S. based sports apparel manufacturer, sets up a production unit in China to take advantage of the lower labor costs there. This is an example of foreign direct investment. True False 14. World Bank gives an aid of 100 million dollars to Kenya for creating rural health care facilities. This is an example of foreign direct investment. True False 15. The lowering of barriers to international trade enables firms to view the world, rather than a single country, as their market. True False 16. According to WTO data, the volume of world merchandise trade has grown faster than the world economy since 1950. True False 17. The expansion of world trade implies that nations are becoming less dependent on each other for important goods and services. True False 18.Over the past 30 years the flow of FDI has accelerated faster than the growth in world trade and world output. True False 19. The globalization of markets and production and the resulting growth of world trade, foreign direct investment, and imports all imply that firms are finding their home markets protected from foreign competitors. True False 20. The cost of microprocessors continues to fall, while their power increases. This statement supports the predictions made by Moore s Law. True False 21. Effic