QUESTION1 A culture that feels loyalties and obligations to an in-group such as one's extended femly, community, or even the organization one works for is o an individualistic culture. anr-group. O a collectihist culture O an our-group QUESTION 2 A low context culture uses language only in artistic, expressive ways. O to place emphasis on the use of gesture while speaking O primarily to express thoughts, feelings, and ideas as directly as possible O in a way that relies heavily on subtle, often nonverbal cues QUESTION 3 Any business that has productive activities in two or more countries is called a QUESTION 4 Customs Unions commoniy O apply a common external tanft on all goods brought into the regon O shift to more efficient producers for reasons of comparative advantage O creace poltical alliances with exsernal countries to help reduce esternal es QUESTION 5 QUESTION S Globalization is O The process of someone trying to take over the world The process by which people their ideas and ther achtes in different pers ofthe word become iteconered O When we do the samve thing O Never heard of it QUESTION6 In an individualistic culture, members aften believe O people should care for an extended farnly before themselves O their primary responsibility is helping themselves O age, group security, tradition, and hierarchy are the most importane O inan emphass on belon t0 a very few permanent in-groups, QUESTION 7 NAFTA is . ard not a oasterns union? O Trade Diversion O Common Market o General Agreement on Tarffs and Trade O Free Trade Agreemen QUESTION B Power distance refers to the extent of the gap bebween Oin-groups and oun goups influence on communication high-context and low context views on social classes 0 H reliance ard competition. O social groups whose members possess resources and influence and those whose members don't QUESTION QUESTION9 The Human Development Index (HD) summarices a grea deal of social performance in a siengle composite indes, combining Odisparty reduction race, human resource development rate and the composite inde Olongevity, educanion and living standard o minimum schooling, adult Iiceracy and tertiery educational acainmem O human resource training, developmens and R&D QUESTION 10 Two countries decide to cooperane closer together, usuly in the form of taniff reductions is what formh of intregration? O econonic integration blaneralnegration O regional integration o national incegration QUESTION 11 Whet are the major types of economic integrason? o Free Trade Area O Custom Union 0 Common Market All of the above QUESTION 12 O General Agreemens of Tanes and Trade Generali Agreement of a Charlie Faxtro General Agreemen on Tanfts and Trade QUESTION 13 DOLL QUESTION 13 What is the largest and nmost comprehensive regional economic group? NAFTA O CAPCOM O EU CAFTA QUESTION 14 organization is the successor of GATT The European Union O NATO o The Wory Trade Organsenion The World Bank QUESTION 15 Which country is in MERCOSUR O Argentine Mexico Chile o China QUESTI Which of the folowing does Regional integ eion nor effeci O Social 0 Economc he above QUESTION 17 DOLL Question Completion Status: QUESTION 17 Which of the following is a reason for the incermational expantuion af a business? To find new markets O To ensure business efficieny 0 To maximize compeitive rik O To achieve diseconomies of sale QUESTION 1 Which of the folowing is not one of the dhree broad types of economic sysems O Market economy O Command economy Mi-ed economy O Free economy QUESTION 19 QUESTION 20 eflect the O Emergency readiness Uncertainty aidance DOLL
