国际商务

1.The merging of historically distinct and separate national markets into one huge global marketplace is known as Da) global market facilitation b) cross-border tradec) supranational market integration d) the globalization of markets4.The sourcing of good and services from around the world to take advantage of national differences in the cost and quality of factors of production is called Ba) economies of scale b) the globalization of productionc) global integration d) global sourcing5.Which organization is responsible for policing the world trading system? Ca) the International Monetary Fund b) the United Nationsc) the World Trade Organization d) the World Bank6.What is the single most important innovation to the globalization of markets and production? Ba) advances in transportation technology b) the development of the microprocessorc) advances in communication d) the Internet8.Which of these is not a concern of anti-globalization protesters? Aa) globalization raises consumer incomeb) globalization contributes to environmental degradationc) globalization is causing a loss of manufacturing jobs in developing countriesd) globalization implies a loss of national sovereignty10.A_ believe(s) that socialism can only be achieved through violent revolution and totalitarian dictatorship.a) communists b) social democratsc) social republicans d) Plato11.A form of government in which one person or political party exercises complete control over all spheres of human life and prohibits opposing political parties is Ca) a democracy b) a representative democracyc) totalitarianism d) socialism12.___C___ is found in states where political power is monopolized by a party according to religious principles.a) tribal totalitarianism b) right-wing totalitarianismc) theocratic totalitarianism d) communist totalitarianism13.In which type of economic system are all productive activities privately owned? Da) a mixed economy b) a command economyc) a representative economy d) a market economy14.Which type of law is based on tradition,precedent, and custom? Ba) civil law b) common law c) theocratic law d) contract law15.Which country is not among the most corrupt countries in the world? Ba) Haiti b) Indonesia c) Malaysia d) Nigeria19.The basic social organization of a society is its Ca) culture b) social strata c) social structure d) caste system20.The group is the primary unit of social organization in Aa) Japan b) the United States c) Switzerland d) Mexico21.Which of the following is not characteristic of individualism? Ba) individual achievement b) low managerial mobilityc) low company loyalty d) entrepreneurial behavior22.Which religion promotes the notion that a moral force in society requires the acceptance of certain responsibilities called dharma? Ca) Islam b) Buddhism c) Hinduism d) Confucianism24.___A____ focuses on how society deals with the fact that people are unequal in physical and intellectual capabilities.a) power distance b) individualism versus collectivismc) uncertainty avoidance d) masculinity versus femininity25.All of the following except _D_ contribute to unethical behavior by international managers.a) Decision-making processes b) Leadershipc) Personal ethics d) National culture26.According to __A___, a company’s home country standards of ethics are the appropriate ones to follow in foreign countries.a) the righteous moralist b) the naïve immoralistc) the Friedman doctrine d) cultural relativism27.____D___ recognize that human beings have fundamental rights and privileges which transcend national boundaries and cultures.a) Kantian ethics b) Utilitarian approaches c) Straw men d) Rights theories28.The __B_ suggests that everyone is imagined to be ignorant of all his or her particular characteristics.a) tragedy of the commons b) veil of ignorancec) code of ethics d) the Universal Declaration of Human Rights29.What is a company’s formal statement of ethical priorities called? Ba) Mission statement b) Code of ethics c) Code of values d) Organizational culture30.Which is not an area where multinational firms are concerned about ethics? Ba) Human rights b) Trade regulations c) Environmental regulations d) Corruption33.Which theory suggests that as products mature the optimal production location will change? Da) Mercantilism b) Comparative Advantage c) Absolute Advantage d) Product life-cycle36.____A_____ refer to the nature of home demand for the industry’s product or service.a) Demand conditions b) Factor endowmentsc) Firm strategy, structure, and rivalry d) Related and supporting industries38.A ___D_ demands that some specific fraction of a good be produced domesticallya) subsidy b) quota rent c) voluntary export requirement d) local content requirement39.Which of the following is not a political argument for government intervention? Ba) protecting jobs b) protecting infant industriesc) protecting industries deemed important for national securityd) protecting consumers from “dangerous” products40.What is the most common political reason for trade barriers? Ca) To protect infant industries b) Strategic trade policyc) To protect jobs d) To protect industries that are important for national security41.Which theory suggests that in cases where there maybe important first mover advantages, governments can help firms from their countries attain these advantages? B a) The infant industry argument b) Strategic trade theoryc) Comparative advantage theory d) The Leontief paradox42.All of the following except _D__ are key issues on the table at the Doha Round.a) Anti-dumping policies b) Protectionism in agriculturec) Intellectual property rights d) Infant industry protection44.The amount of FDI undertaken over a given time period is known as AA) the flow of FDI B) the stock of FDI C) FDI outflow D) FDI inflow46.Advantages that arise from using resource endowments or assets that are tied to a particular location and that a firm finds valuable to combine with its own unique assets are Ba) First mover advantages b) Location advantagesc) Externalities d) Proprietary advantages47.Benefits of FDI include all of the following except Da) The resource transfer effect b) The employment effectc) The balance of payments effect d) National sovereignty and autonomy48.Which of the following is not a cost of outward FDI for host countries? Ca) the initial capital outflow required to finance the FDIb) when FDI is a substitute for direct exportsc) gains from learning valuable skills from foreign marketsd) the effect on employment is FDI is a substitute for domestic production49.All barriers to the free flow of goods and services between member countries are removed,and a common policy toward nonmembers is established in a Ba) Free trade area b) Customs union c) Common market d) Economic union51.When higher cost suppliers within the free trade area replace lower cost external suppliers Ca) The bloc as a whole benefits b) There is trade creationc) There is trade diversion d) External suppliers benefit52.___A__ is the ultimate decision making body of the European Union.a) Council of the European Union b) European Parliamentc) Court of Justice d) European Commission53.___D____ is responsible for proposing EU legislation. ba) Council of the European Union b) European Parliamentc) Court of Justice d) European Commission54.Which of the following is not true of NAFTA? Aa) It created a free trade area of nearly 800 million peopleb) It created the background for increased political stability in Mexicoc) Several other Latin American countries have indicated their desire to eventually join NAFTAd) Its participants are the United States, Canada, and Mexico56.The __D___ is the rate at which a foreign exchange dealer converts one currency into another currency on a particular day. ba) Currency swap rate b) Forward rate c) Specific rate d) Spot rate57.Which of the following does not impact future exchange rate movements? Ca) A country’s price inflation b) A country’s interest ratec) A country’s arbitrage opportunities d) Market psychology58.When a government of a country allows both residents and non-residents to purchase unlimited amounts of foreign currency with the domestic currency, the currency is Ba) Nonconvertible b) Freely convertiblec) Externally convertible d) Internally convertible59.The extent to which a firm’s future international earning power is affected by changes in exchange rates is called D aa) Accounting exposure b) Translation exposurec) Transaction exposure d) Economic exposure60.Firms that want to minimize transaction and translation exposure can do all of the following except Ba) buy forward b) have central control of exposurec) use swaps d) lead and lag payables and receivables61.Which of the following are market makers? Aa) commercial banks b) pension funds c) insurance companies d) governments62.Which of the following is not true of global capital markets Ca) they benefit borrowers b) they benefit sellersc) they raise the cost of capital d) they provide a wider range of investment opportunitiespared to developed nations, less developed nations have Aa) smaller capital markets b) more investment opportunitiesc) similar costs of capital d) greater liquidity65.Historically, the most tightly regulated industry has been Da) agriculture b) consumer electronics c) automotives d) financial services66.The term eurocurrency refers to Ba) the currency used by the European Union countriesb) any currency banked outside its country of originc) currencies purchased in the international equities marketd) bonds sold outside the borrower’s country that are denominated in the currency of the country in which they are issued67.What is the rate of return the firm makes on its invested capital?Ba) Profit growth b) Profitability c) Net return d) Value created题型举例：True or FalseThe notion that national economies are relatively self-contained entities is on the rise.Short answer Question:Discuss the effect of globalization on national sovereignty.Case AnalysisDIXON TICONDEROGA-VICTIM OF GLOBALIZATIONSYNOPSISDixon Ticonderoga is one of the oldest public companies in the U.S. The company produces yellow No 2 pencils introduced in 1913. With annual revenues of 100 million, Dixon is the secondlargest pencil manufacturer in the country.In the1990’s Dixon faced new challenges, Chinese manufacturers entered the U.S. market with low priced pencils. The pencil industry lobbied the U.S. government for protection. In 1994 when Chinese pencils accounted for 16% of the market the U.S. enacted heavy anti dumping duties on Chinese pencils effectively raising their price. The Chinese kept making pencils cheaper and better. The U.S imposed tariffs sometimes to the tune of 53% on some brands.To try to meet foreign competition on price, Dixon experimented with cheaper ways of making pencils. They then set up a Mexican operation initially to supplement its U.S. operation. In late 2000, Dixon had switched many of its processes from the U.S to Mexico. By the year 2000 they had set up a wholly owned subsidiary in China. By 2002 Dixon had shut down its manufacturing plane in the U.SDISCUSSION QUESTIONS1. Why do you think that the Chinese have an apparent cost advantage in the production of pencils?2. Do you think that lobbying the US government to impose antidumping duties on importer of pencils from China is a good way to protect U.S. jobs? Who benefits most from such duties? Who loses? What alternate policy stance might the government take?3. Why has Dixon become a multinational company? What are the economic benefits to Dixon of becoming an international business?4.Now that Dixon has a production operation in China, why does it not simply import finished pencils from China to the United States, instead of making those pencils in Mexico?Case: INTERNATIONALIZATION OF STARBUCKS。