Globalization refers to....?

A more integrated and interdependent world

Which is the right sequence of Internationalization stage

Domestic>International>Multinational>Global>Transnational

Firms that do not participate in international business will more likely to....

Be affected by the economic, but not political developments

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TOPIC 1 : Introduction to International Business

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Questions 10

Answers

1
National sovereignty also means the right of a country to impose their laws on other countries
FALSE
TRUE
-
-
2
Globalization refers to....?
A more integrated and interdependent world
Lower incomes worldwide
Less foreign trades and investment
Global warming and their effects
3
Comparative Cost Trade Theory is given by.....
David Ricardo
Adam Smith
Heckscher Ohlin
Gottfried Haberler
4
_________is application of knowledge which redefine the boundaries of global business
Society
Economy
Cultural Values
Technology
5
The first phase of globalization started around 1870 and ended with.....
The Establishment of GATT
In 1913 when GDP was high
The World War II
The World War I
6
Malaysia exports restriction to China may increase FDI by China's companies into Malaysia
TRUE AND FALSE
-
FALSE
TRUE
7
Tourism and transportation are important sources of revenue for the following companies EXCEPT?
Travel Agencies
Hotels
Airlines
Remittance services
8
Which is the right sequence of Internationalization stage
Domestic>International>Multinational>Global>Transnational
Domestic>Multinational>International>Transnational>Global
Domestic>Transnational>Global>International>Multinational
Domestic>International>Transnational>Multinational>Global
9
Firms that do not participate in international business will more likely to....
Be too small to export their goods successfully
Be forced to go out for nusiness
Be affected by the economic, but not political developments
Be better positioned for unlimited domestic expension
10
Capitalistic, Communistic and Mixed are types of........
Political system
Economic system
Cultural attitudes
Social system

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