1. To gain an understanding of international management and "intercultural effectiveness," it is important to begin by evaluating different non-domestic markets using a model which includes the determinants of culture or 'DOC.'

True or False

2. All economies around the world are in the same stage of economic development.

True or False

3. International market entry approaches (e.g., export/import and FDI) are commonly ranked according to their risk for the investor/entrepreneur.

True or False

4. Overall, basic international strategies can be classified according to their costs and the degree to which they are responsive to pressures for localization.These two variables are the 'Y-axis' and 'X-axis' when strategies are graphed comparatively.

True or False

5. The TED video, "Schism," by Dambisa Moyo deals with China's successful adoption of capitalism which is overseen by central political and economic authority.

True or False

6. Iran is a 'theocracy' where church and state are separate just as in the US.

True or False

7. Because the USA imports far more from China than it exports to China , the USA has a negative balance of trade with China.

True or False

8. According to the Tellus Institute, we are now in the 'planetary' historical era.

True or False

9. FOREXis "Foreign Exchange" (of one currency for another) and governments, MNCs,banks,and speculators drive Forex markets

True or False

10. The WTO or "World Trade Organization," like the United Nations (UN), can be considered as an evolving form of global governance.

True or False

11. China is now reporting GDP economic growth even as new pandemic lockdowns occur in cities like Shanghai and others.

True or False

12. An average ofthe equivalent of US$5-6 trillion changes hands each day in global FOREX markets.

True or False

13. World population is predicted to rise in our lifetimes to approximately 9-10 billion.

True or False

14. Economist Hernando de Soto proposes that capital can be made available in developing economies if property rights are legally recognized.

True or False

15. The Suez Canal stranding of the container ship Ever Given (Evergereen Line) last year and the recent stranding of another in Chesapeake Bay USA and large backups at ports like Los Angeles/Long Beach USA and Shanghai, China reflect the fragility of global container ship trade and supply chain dysfunction during the pandemic.

True or False

16. A civilian organization located in any country whose mission and vision include

global service, perspective, and social responsibility is called a(n)

a. none of the above

b. FDI

c. NGO

d. conglomerate

17. The banking industry globally had its origins in the

a. church

b. military

c. deposit receipts of the gold trading and crafting industry

d. seafaring nations only