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IB B396F revision Flashcards | StudBud
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IB B396F revision
IB B396F revision
20 terms
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20 cards
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Questions
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Answers
1
Which of the following is a solution for facilitating brain gain through diaspora engagement?
Restricting return migration
Discouraging digital collaboration
Reducing research funding
Creating diaspora engagement offices
2
Which of the following is a key consumer trend in the Asia-Pacific region?
Decreasing single households
Ageing population
Reduced digital adoption
Declining middle class
3
What is a major benefit of RCEP for regional supply chains?
Increased tariffs
Restriction of investment flows
Encouragement of over-reliance on single markets
Facilitation of supply chain diversification
4
Which policy can help countries retain talent and reduce brain drain?
Discouraging entrepreneurship
Restricting diaspora engagement
Lowering educational standards
Providing scholarships linked to return commitments
5
What is ‘brain gain’?
Loss of skilled individuals to other countries
Outflow of investment
Decrease in human capital
Influx of highly skilled and educated individuals
6
The RCEP agreement is expected to uplift how many people into the middle class by 2035?
27 million
10 million
100 million
1 million
7
RCEP eliminates tariffs on approximately what percentage of goods traded among its members?
90%
100%
50%
70%
8
What is one action plan to strengthen educational and economic policies for talent retention?
Aligning curricula with market needs
Discouraging start-ups
Decreasing funding for higher education
Discouraging start-ups
9
Which of the following is NOT a key characteristic of zaibatsu?
Family control
Vertical integration
Banking subsidiary
Decentralized management
10
What is a key commitment of RCEP regarding digital trade?
Discouraging e-commerce
Imposing customs duties on electronic transmissions
Ignoring cybersecurity
Prohibiting customs duties on electronic transmissions
11
What role does the trading company play in a horizontal keiretsu?
Limits global trade
Avoids international markets
Focuses only on domestic sales
Manages exports, imports, and overseas partnerships
12
Why is localization important for businesses in the Asia-Pacific region?
To reduce consumer engagement
To build trust and loyalty by respecting cultural diversity
To standardize products globally
To ignore local customs
13
Which region’s centrality is reinforced by RCEP?
European Union
ASEAN
MERCOSUR
NAFTA
14
What is a distinguishing feature of a horizontal keiretsu?
Short-term business relationships
Central role of a core bank
Lack of financial integration
Absence of cross-shareholding
15
Which company acts as the core financier in the Mitsubishi keiretsu?
Mitsubishi Motors
Mitsubishi Shoji
Bank of Tokyo-Mitsubishi
Meiji Mutual Life Insurance
16
Which of the following is NOT a key impact of RCEP?
Advancing trade rules and digital economy frameworks
Weakening regional supply chains
Economic growth and poverty reduction
Trade liberalization and market integration
17
What is a zaibatsu?
A type of Japanese tax
A government agency
A powerful, family-controlled conglomerate in Japan
A small retail business
18
How does cross-shareholding benefit keiretsu member companies?
Weakens mutual trust
Reduces financial stability
Strengthens mutual trust and protects against hostile takeovers
Increases vulnerability to hostile takeovers
19
Which of the following is an example of a program to attract skilled expatriates back home?
European Green Deal
ASEAN Free Trade Area
China's Thousand Talents Program
NAFTA
20
What is the primary economic impact projected for the RCEP by 2030?
Increase in global incomes by $186–209 billion annually
Reduction in world trade
Decline in middle-class population
Decrease in global incomes
