Exam 1: Introduction to International Management

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The change in the amount of information available began with the globalization of television.

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During the last 30 years China has experienced economic growth averaging about 5 percent annually.

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What are junk bonds?

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The costs of the Sarbanes-Oxley Act have been quite high, particularly for small firms.

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China was a doctrinaire communist country until 1978.

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For much of the post-Cold War era, most large-scale domestic and international lending or underwriting was done by all of the following EXCEPT:

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Write a note on the World Trade Organization and GATT.

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All firms believe a business should add more to society than just jobs.

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The International Monetary Fund was established in 1944 as part of the Bretton Woods Agreements.

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The change in the amount of information available began with the globalization of:

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_____ focuses on how individuals manage a global business.

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Write a detailed note on Big Unit Capitalism.

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_____ are bonds that corporations issue directly to the public in order to raise capital.

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India has undergone an economic revival in recent years and now has a GDP of $3.7 trillion in purchasing-power parity terms.

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The Big Unit economy generally produced efficient but rigid, pyramidal organizations and government departments that demanded excellence and accountability in work and educational quality.

(True/False)
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Which act grew out of revelations that some U.S. firms had paid bribes to obtain contracts overseas?

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Explain the Bretton Woods System in detail.

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Which of the following was a negotiated monetary order after World War II to govern monetary relations and currency exchange rates among independent states?

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Which of the following statements about Big Unit Capitalism is false?

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Offshoring occurs when activities that were once part of a company's internal operation, are performed by other firms outside of the U.S. at a lower cost.

(True/False)
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