One of the most significant drawbacks of international mergers and acquisitions is the difficulty of integrating the operations, finances, and cultures of two very different organizations.

Group of answer choices

True

False

Global trade became possible only after 1900.

Group of answer choices

True

False

Which of the following would be thebestindicator of a country's economic health?

Group of answer choices

High employment

High real GDP growth

Intense competition

A stable currency

Low inflation

During the decade-long war in Iraq, the U.S. government spent two trillion dollars for military operations and reconstruction in that country. These costs are part of the U.S. government's

Group of answer choices

price controls.

monetary policy.

fiscal policy.

trade policy.

exchange rate policy.

If China maintains a tight monetary policy, what is the likely medium-term effect?

Group of answer choices

a.

Higher inflation

b.

More unstable currency

c.

Higher unemployment

d.

Lower interest rates

e.

More consumer spending

N/A

Country A can produce soybeans and cotton more efficiently than Country B. Country A can produce 10 times more soybeans than Country B and 2 times more cotton. Country B can produce oil more efficiently than Country A and it can produce 5 times more oil than Country A. Which of the following is a true statement?

Group of answer choices

a.

Country A has a comparative advantage in cotton and an absolute advantage in soybeans.

b.

Country B has an absolute advantage in oil production.

c.

Neither Country A nor Country B has an absolute advantage, but comparative advantages do exist.

d.

Country B has an absolute advantage in soybeans and cotton.

e.

Country A has a comparative advantage in cotton over soybeans.

When U.S.-based ExxonMobil ships refined oil in a tanker from Texas to Mexico, that is called __________. When ExxonMobil builds a refinery in Venezuela to process South American crude oil, that is __________.

Group of answer choices

a.

foreign direct investment ; importing

b.

exporting; importing

c.

importing; foreign direct investment

d.

exporting; foreign direct investment

e.

importing; exporting

General partnerships are able to spread liability over several owners, which results in "limited liability" for each partner.

Group of answer choices

True

False