Question
QUESTION 1 Which one of the following statements best identifies the central theme of the book? an explanation of globalization at work in the world
QUESTION 1
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Which one of the following statements best identifies the central theme of the book?
an explanation of globalization at work in the world today
reversion of the global economy to a socialist state
the struggle between the forces of communisim and capitalism
the struggle between the religions of the lexus and the olive tree countries
QUESTION 2
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Which one of the following determines into which countries foreign direct investment by multinational corporations will occur?
the electronic herd
the U.S. Federal Reserve Bank
the Japanese central bank
the lexus countries
QUESTION 3
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Which one of the following moves the fastest with respect to its actions in the global financial markets?
short-horn cattle
long-horn cattle
the Japanese central bank
the lexus countries
QUESTION 4
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In the opinion of the author, regarding the future of globalization
in the 21st century a country has no choice but to globalize
a lexus country will be less likely to accept future globalization
the electronic herd is the symbol of globalization
an olive tree country will be more likely to accept future globalization
QUESTION 5
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Which one of the following is NOT a characteristic of the golden straitjacket?
making the government sector the primary engine of economic growth
reducing the size of the government bureaucracy
opening the bnaking industry within a country to permit foreign ownership
deregulating banking and capital markets
QUESTION 6
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To fit into the golden straitjacket, a country must be seen to follow the golden rules that include
balancing a country's national budget
the government as the primary engine of economic growth
establishing strict government regulations on an economy's financial markets
nationalizing the private sector10 points
QUESTION 7
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In the book, the symbol of the modern, globalized world is referred to as the
Lexus automobile
olive tree
Toyota factory
the electronic herd
QUESTION 8
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The long-horn cattle are represented in the book as
multinational corporations
currency traders
stock market brokers
developing countries
QUESTION 9
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In the title of the book, the olive tree represents the symbol of
traditional life in an agricultural society
modern life in an ever-changing world
the struggle between the traditional world and the modern world
the free market economy
QUESTION 10
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Which one of the following would belong to the group Friedman refers to as the short-horn cattle?
a currency trader
a country's prime minister
an insurance company executive
a bank board member
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