Exam 1: Globalization and Worldwide Infrastructure Development

Under managed float exchange rate systems, governments can influence their exchange rate values through fiscal (taxation) and/or monetary (interest rate) policies

(True/False)

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Question 21

The General Agreement on Tariffs and Trade (GATT) was given powers to arbitrate and make rulings on trade disputes

(True/False)

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Question 22

The North American Free Trade Area (NAFTA) originated in 1989 with the US, Canada and Mexico as the original members

(True/False)

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Question 23

Crawling pegs are used when countries have consistent inflation problems causing governments to constantly appreciate their national currencies (i.e. more national currency units per dollar or Euro).

(True/False)

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Question 24

In the currency convertibility process, countries float their currencies with the result that the currency rapidly appreciates against other world currencies

(True/False)

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Question 25

Political integration of trade blocs includes all of the following except:

(Multiple Choice)

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Question 26

____________________ eliminate internal tariffs and instigate common external tariffs:

(Multiple Choice)

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Question 27

In the dollar-yen floating exchange rate relationship, dollar demand includes:

(Multiple Choice)

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Question 28

Which of the following statement is false concerning global privatization and deregulation programs:

(Multiple Choice)

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Question 29

When aggregate demand for dollars exceeds aggregate supply, the dollar is likely to depreciate in value

(True/False)

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Question 30

African trade blocs such as Comesa and the East African Community have all the following characteristics except:

(Multiple Choice)

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Question 31

Major currencies such as the dollar, yen, Euro and pound sterling float independently in world currency markets

(True/False)

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Question 32

Managed floats of currencies have all of the following characteristics except:

(Multiple Choice)

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Question 33

Mercosur trade bloc has all of the following characteristics except:

(Multiple Choice)

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Question 34

Deregulation is the process of selling government-owned industries back to the private sector

(True/False)

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Question 35

The Euro's value moves from 115 yen to 92 yen. This means that:

(Multiple Choice)

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Question 36

When Japanese companies invest in the US, they create demand for dollars

(True/False)

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Question 37

Privatization and deregulation trends have resulted in all of the following except:

(Multiple Choice)

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Question 38

Free trade areas abolish internal tariffs among member states and instigate a common external tariff

(True/False)

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Question 39

Independently floating exchange rates have their values determined by supply and demand for their currencies

(True/False)

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Question 40

Showing 21 - 40 of 123

Under managed float exchange rate systems, governments can influence their exchange rate values through fiscal (taxation) and/or monetary (interest rate) policies

The General Agreement on Tariffs and Trade (GATT) was given powers to arbitrate and make rulings on trade disputes

The North American Free Trade Area (NAFTA) originated in 1989 with the US, Canada and Mexico as the original members

Crawling pegs are used when countries have consistent inflation problems causing governments to constantly appreciate their national currencies (i.e. more national currency units per dollar or Euro).

In the currency convertibility process, countries float their currencies with the result that the currency rapidly appreciates against other world currencies

Political integration of trade blocs includes all of the following except:

____________________ eliminate internal tariffs and instigate common external tariffs:

In the dollar-yen floating exchange rate relationship, dollar demand includes:

Which of the following statement is false concerning global privatization and deregulation programs:

When aggregate demand for dollars exceeds aggregate supply, the dollar is likely to depreciate in value

African trade blocs such as Comesa and the East African Community have all the following characteristics except:

Major currencies such as the dollar, yen, Euro and pound sterling float independently in world currency markets

Managed floats of currencies have all of the following characteristics except:

Mercosur trade bloc has all of the following characteristics except:

Deregulation is the process of selling government-owned industries back to the private sector

The Euro's value moves from 115 yen to 92 yen. This means that:

When Japanese companies invest in the US, they create demand for dollars

Privatization and deregulation trends have resulted in all of the following except:

Free trade areas abolish internal tariffs among member states and instigate a common external tariff

Independently floating exchange rates have their values determined by supply and demand for their currencies

Globalization Effects on Country Institutions, People, Industries, Business and Consumers

Globalization and Regional Markets: Geopolitical Analyses

National Market Analysis

Analyzing Global Industries and Competitors

International Strategic Planning and Market Screening

Internationalization and Globalization Processes

Market Entry and Servicing Strategies

Global and Multi-Market Strategies

Global and Multi-Market Supply Chain Management

Managing Cultural Differences

Localization Strategies: Managing Stakeholders and Supply Chains

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