Question 1

A country,s currency is Overvalued when its price level____________income level.

Accepted Answer

A)  Is lower then its 
B)  Exceeds its 
C)  Is even with 
D)  None of the above 
A)  Is lower then its 
B)  Exceeds its 
C)  Is even with 
D)  None of the above B

Question 2

The Value of one unit of output produced by a unit of Labor or Capital is known as

Accepted Answer

A)  productivity. 
B)  worker satisfaction. 
C)  buying power. 
D)  selling power. 
A)  productivity. 
B)  worker satisfaction. 
C)  buying power. 
D)  selling power. A

Question 3

Domestic rivalries do not exert pressure companies to innovate or improve.

Accepted Answer

A) True 
 B)False  False

Question 4

Which of these differences contribute to competitive success?

Accepted Answer

A)  culture 
B)  economic structures 
C)  institutions 
D)  all of the above 
A)  culture 
B)  economic structures 
C)  institutions 
D)  all of the above

Question 5

______ is the secret to retaining competitive advantage.

Accepted Answer

A)  Educational managers 
B)  Employee loyalty 
C)  Technological progress 
D)  One single innovation 
A)  Educational managers 
B)  Employee loyalty 
C)  Technological progress 
D)  One single innovation

Question 6

Land, labor, and natural resources are all production factors.

Accepted Answer

A) True 
 B)False

Question 7

__________is a tool for international managers to appraise a country,s competitive advantage.

Accepted Answer

A)  "Square framework" 
B)  "Internationalization" 
C)  "Diamond framework" 
D)  "Industrial framework" 
A)  "Square framework" 
B)  "Internationalization" 
C)  "Diamond framework" 
D)  "Industrial framework"

Question 8

A country,s _____________ refers to the extent to which its national economy is linked to world economy,s through the flow of resources, goods, services, people, technologies, information, and capital.

Accepted Answer

A)  trade 
B)  openness 
C)  closeness 
D)  none of the above 
A)  trade 
B)  openness 
C)  closeness 
D)  none of the above

Question 9

The performance of Korea"s Electronics sector can be measured in

Accepted Answer

A)  Efficiency 
B)  Innovativeness 
C)  Quality of goods and services 
D)  All the above 
A)  Efficiency 
B)  Innovativeness 
C)  Quality of goods and services 
D)  All the above

Question 10

An open country has a flow that is both an inflow and outflow.

Accepted Answer

A) True 
 B)False

Question 11

If a country had a competitive advantage in the Automotive industry it would have one of the following conditions:

Accepted Answer

A)  Factor and demand conditions 
B)  Related and supporting industries 
C)  Rivalry and business practices 
D)  All the above 
A)  Factor and demand conditions 
B)  Related and supporting industries 
C)  Rivalry and business practices 
D)  All the above

Question 12

_________________ can be defined as all forms of conscious and coordinated government interventions to promote industrial development.

Accepted Answer

A)  Imports policies 
B)  Exports policies 
C)  Industrial policies 
D)  Production policies 
A)  Imports policies 
B)  Exports policies 
C)  Industrial policies 
D)  Production policies

Question 13

Generally economic stability is reflected in a high rate of inflation.

Accepted Answer

A) True 
 B)False

Question 14

Human resources affect country competitiveness in such a way that they determine a country"s expertise, creativity and efficiency.

Accepted Answer

A) True 
 B)False

Question 15

____________ can be defined as the extent to which an economy has been equipped with all the economic prerequisites for sustained economic growth.

Accepted Answer

A)  Micro economics 
B)  Macro economics 
C)  Economic soundness 
D)  None of the above 
A)  Micro economics 
B)  Macro economics 
C)  Economic soundness 
D)  None of the above

Question 16

According to conventional wisdom of comparative advantage, a nation MUST possess an abundance of labor, capital, and/or cheap raw resources to have a high national competitiveness.

Accepted Answer

A) True 
 B)False

Question 17

____________________is the extent to which a country is capable of generating more wealth than its competitors do in world markets.

Accepted Answer

A)  Global reserve 
B)  Globalization 
C)  Country competitiveness 
D)  Marketing 
A)  Global reserve 
B)  Globalization 
C)  Country competitiveness 
D)  Marketing

Question 18

The high growth of Chinese Economy in the 1990s was supported significantly by its infrastructure improvement.

Accepted Answer

A) True 
 B)False

Question 19

Country competitiveness affects an MNE,s _____.

Accepted Answer

A)  location selection and industry selection 
B)  location selection 
C)  location selections and industry selection 
D)  industry selection 
A)  location selection and industry selection 
B)  location selection 
C)  location selections and industry selection 
D)  industry selection

Question 20

Countries with underdeveloped commercialization systems have a low competition rate with other countries.

Accepted Answer

A) True 
 B)False

A country,s currency is Overvalued when its price level____________income level.

The Value of one unit of output produced by a unit of Labor or Capital is known as

Domestic rivalries do not exert pressure companies to innovate or improve.

Which of these differences contribute to competitive success?

______ is the secret to retaining competitive advantage.

Land, labor, and natural resources are all production factors.

__________is a tool for international managers to appraise a country,s competitive advantage.

A country,s _____________ refers to the extent to which its national economy is linked to world economy,s through the flow of resources, goods, services, people, technologies, information, and capital.

The performance of Korea"s Electronics sector can be measured in

An open country has a flow that is both an inflow and outflow.

If a country had a competitive advantage in the Automotive industry it would have one of the following conditions:

_________________ can be defined as all forms of conscious and coordinated government interventions to promote industrial development.

Generally economic stability is reflected in a high rate of inflation.

Human resources affect country competitiveness in such a way that they determine a country"s expertise, creativity and efficiency.

____________ can be defined as the extent to which an economy has been equipped with all the economic prerequisites for sustained economic growth.

According to conventional wisdom of comparative advantage, a nation MUST possess an abundance of labor, capital, and/or cheap raw resources to have a high national competitiveness.

____________________is the extent to which a country is capable of generating more wealth than its competitors do in world markets.

The high growth of Chinese Economy in the 1990s was supported significantly by its infrastructure improvement.

Country competitiveness affects an MNE,s _____.

Countries with underdeveloped commercialization systems have a low competition rate with other countries.

International Business in an Age of Globalization

International Trade Theory and Application

Foreign Direct Investment Theory and Application

The Multinational Enterprise

The Cultural Environment

The Political and Legal Environment

International Economic Integration and Institutions

The International Monetary System and Financial Markets

International Entry Strategies

Mne Organization Structure and Design

Building and Managing Global Strategic Alliances Gsas

Managing Global Research and Development Rd

Financial Management for Global Operations

International Accounting for Global Operations

Global Marketing and Supply Chain

Global Human Resource Management

Internet and Global E-Commerce

Social Responsibility and Corruption in the Global Marketplace

International Entrepreneurship

Filters

Exam 5: Country Competitiveness

A country,s currency is Overvalued when its price level____________income level.

The Value of one unit of output produced by a unit of Labor or Capital is known as

Domestic rivalries do not exert pressure companies to innovate or improve.

Which of these differences contribute to competitive success?

______ is the secret to retaining competitive advantage.

Land, labor, and natural resources are all production factors.

__________is a tool for international managers to appraise a country,s competitive advantage.

A country,s _____________ refers to the extent to which its national economy is linked to world economy,s through the flow of resources, goods, services, people, technologies, information, and capital.

The performance of Korea"s Electronics sector can be measured in

An open country has a flow that is both an inflow and outflow.

If a country had a competitive advantage in the Automotive industry it would have one of the following conditions:

_________________ can be defined as all forms of conscious and coordinated government interventions to promote industrial development.

Generally economic stability is reflected in a high rate of inflation.

Human resources affect country competitiveness in such a way that they determine a country"s expertise, creativity and efficiency.

____________ can be defined as the extent to which an economy has been equipped with all the economic prerequisites for sustained economic growth.

According to conventional wisdom of comparative advantage, a nation MUST possess an abundance of labor, capital, and/or cheap raw resources to have a high national competitiveness.

____________________is the extent to which a country is capable of generating more wealth than its competitors do in world markets.

The high growth of Chinese Economy in the 1990s was supported significantly by its infrastructure improvement.

Country competitiveness affects an MNE,s _____.

Countries with underdeveloped commercialization systems have a low competition rate with other countries.

International Business in an Age of Globalization

International Trade Theory and Application

Foreign Direct Investment Theory and Application

The Multinational Enterprise

The Cultural Environment

The Political and Legal Environment

International Economic Integration and Institutions

The International Monetary System and Financial Markets

International Entry Strategies

Mne Organization Structure and Design

Building and Managing Global Strategic Alliances Gsas

Managing Global Research and Development Rd

Financial Management for Global Operations

International Accounting for Global Operations

Global Marketing and Supply Chain

Global Human Resource Management

Internet and Global E-Commerce

Social Responsibility and Corruption in the Global Marketplace

International Entrepreneurship

Filters