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1. The Ericsson company incorporates the United Nations' Goals into its business framework so that it can measure the impact of its strategy on society. A. Millennium Development B. Sustainable Growth C. Sustainable Development D. Business Development 2. In business, individualism can lead to: A. a lack of company loyalty B. failure to gain company-specific knowledge C. A and B D. None of the above, because individualism is necessary in business. 3. Where there is free trade, there is no government interference, and this could A. hurt some domestic industries (e.g. workers in the U.S. textile industry may lose jobs to workers in lower wage economies) while benefiting the US consumers (they would get quality goods inexpensively). B. hurt both US domestic industries and also US consumers C. boost all US domestic industries and also help US consumers to get quality goods inexpensively. D. all of the above. 4. According to the Ricardian Model, opening an economy to trade is likely to increase A. a country's stock of resources as increased supplies become available from abroad. B. the efficiency of resource utilization C. neither A nor B D. both A and B. 5. Although Ghana and South Korea were in similar places economically in 1970, now, 50 years later, the two countries are in very different places, because A. South Korea embraced international trade, while Ghana took an inward focused policy B. Ghana embraced international trade, while South Korea took an inward focused policy C. Both countries embraced international trade D. Both countries took an inward focused policy