20\u00a0Question\u00a0Set\t\u00a0\tChoose\u00a0the\u00a0best\u00a0answer\u00a0for\u00a0each\u00a0question\u00a0below.\u00a0There\u00a0is\u00a0only\u00a0one\u00a0(1)\u00a0answer\u00a0to\u00a0each\u00a0question.\tPlease\u00a0make\u00a0sure\u00a0you\u00a0only\u00a0select\u00a0one\u00a0box\u00a0for\u00a0each\u00a0question.\t\t1.Which\u00a0of\u00a0the\u00a0following\u00a0best\u00a0describes\u00a0globalization?\tThe\u00a0increasing\u00a0unification\u00a0of\u00a0the\u00a0world’s\u00a0economic\u00a0system\tThe\u00a0development\u00a0of\u00a0a\u00a0world\u00a0government\tIncreasing\u00a0U.S.\u00a0trade\u00a0with\u00a0China\tEase\u00a0of\u00a0communications\u00a0due\u00a0to\u00a0the\u00a0Internet\t\u00a0\t\t2.Which\u00a0of\u00a0the\u00a0following\u00a0is\u00a0a\u00a0consequence\u00a0of\u00a0globalization?\tForeign\u00a0direct\u00a0investment\u00a0(FDI)\u00a0has\u00a0declined\tCompetitive\u00a0pressures\u00a0have\u00a0decreased\u00a0in\u00a0many\u00a0industries\tForeign\u00a0companies\u00a0compete\u00a0directly\u00a0with\u00a0domestic\u00a0firms\tWorld\u00a0trade\u00a0has\u00a0decreased\u00a0over\u00a0the\u00a0last\u00a0decade\t\u00a0\t\t3.Critics\u00a0of\u00a0globalization\u00a0claim\u00a0that\u00a0foreign\u00a0companies\u00a0may\u00a0put\u00a0adverse\u00a0pressure\u00a0on\u00a0small\u00a0domestic\tfirms\u00a0potentially\u00a0driving\u00a0them\u00a0out\u00a0of\u00a0business.\tTrue\tFalse\t\u00a0\t\t4.Global\u00a0corporations\u00a0view\u00a0the\u00a0world\u00a0as\u00a0their\u00a0market?\tTrue\tFalse\t\u00a0\t\t5.Which\u00a0of\u00a0the\u00a0following\u00a0modes\u00a0of\u00a0foreign\u00a0entry\u00a0is\u00a0best\u00a0described\u00a0by\u00a0cost\u00a0and\u00a0risk\u00a0sharing\u00a0while\u00a0gaining\tlocal\u00a0knowledge\u00a0and\u00a0political\u00a0influence?\tFranchising\tLicensing\tJoint\u00a0Venture\tTurnkey\u00a0project\t\u00a0\t\t6.___________________\u00a0predicts\u00a0that\u00a0countries\u00a0will\u00a0export\u00a0those\u00a0goods\u00a0that\u00a0make\u00a0intensive\u00a0use\u00a0of\tlocally\u00a0abundant\u00a0factors\u00a0and\u00a0will\u00a0import\u00a0goods\u00a0that\u00a0make\u00a0intensive\u00a0use\u00a0of\u00a0factors\u00a0that\u00a0are\u00a0locally\tscarce.\tThe\u00a0new\u00a0trade\u00a0theory\t7.The\u00a0theory\u00a0of\u00a0absolute\u00a0advantage\tThe\u00a0theory\u00a0of\u00a0competitive\u00a0advantage\tThe\u00a0Heckscher-Ohlin\u00a0Theory\t\u00a0\t\t8.American\u00a0citizens\u00a0may\u00a0pay\u00a0bribes\u00a0when\u00a0doing\u00a0business\u00a0in\u00a0another\u00a0country\u00a0as\u00a0long\u00a0as\u00a0bribes\u00a0are\u00a0considered\u00a0a\u00a0“normal”\ufffd\u00a0way\u00a0of\u00a0doing\u00a0business\u00a0in\u00a0that\u00a0country.\tTrue\tFalse\u00a0\t\t9.The\u00a0cost\u00a0of\u00a0capital\u00a0in\u00a0global\u00a0markets\u00a0is\u00a0generally\u00a0lower\u00a0than\u00a0in\u00a0domestic\u00a0markets.\tTrue\tFalse\t\t10.Which\u00a0of\u00a0the\u00a0following\u00a0represents\u00a0the\u00a04\u00a0P’s\u00a0of\u00a0the\u00a0marketing\u00a0mix?\tPlace,\u00a0Price,\u00a0Profit,\u00a0and\u00a0Promotion\tProduct,\u00a0Price,\u00a0Promotion,\u00a0and\u00a0Place\tProduct,\u00a0Process,\u00a0Promotion,\u00a0and\u00a0Place\tProduct,\u00a0Process,\u00a0Promptness,\u00a0and\u00a0Place\t\t11.When\u00a0deciding\u00a0whether\u00a0to\u00a0do\u00a0business\u00a0in\u00a0another\u00a0country,\u00a0firms\u00a0will\u00a0review\u00a0the\u00a0financial\u00a0system\u00a0of\u00a0the\u00a0country.\u00a0Which\u00a0of\u00a0the\u00a0following\u00a0is\u00a0not\u00a0a\u00a0step\u00a0in\u00a0the\u00a0financial\u00a0overview\u00a0process?\tThe\u00a0ability\u00a0to\u00a0repatriate\u00a0profits\tReview\u00a0of\u00a0the\u00a0health\u00a0of\u00a0the\u00a0host\u00a0country\u00a0banking\u00a0system\tSources\u00a0of\u00a0capital\u00a0and\u00a0finance\tCompetitor\u00a0profiling\t\u00a0\t\t12.Tariffs\u00a0lower\u00a0the\u00a0cost\u00a0of\u00a0the\u00a0imported\u00a0product\tTrue\tFalse\t\u00a0\t\t13.In\u00a0a\u00a0free-market\u00a0economy,\tBusiness\u00a0decisions\u00a0are\u00a0coordinated\u00a0with\u00a0government\u00a0advisors\tProfits\u00a0from\u00a0a\u00a0successful\u00a0firm\u00a0may\u00a0be\u00a0applied\u00a0to\u00a0less\u00a0successful\u00a0firms\u00a0to\u00a0keep\u00a0them\u00a0viable\tPrivate\u00a0ownership\u00a0is\u00a0predominant\u00a0and\u00a0business\u00a0decisions\u00a0are\u00a0made\u00a0by\u00a0the\u00a0owners\tLarge\u00a0firms\u00a0are\u00a0owned\u00a0by\u00a0the\u00a0government\t\u00a0\t\t14.The\u00a0___________\u00a0exchange\u00a0rate\u00a0is\u00a0the\u00a0price\u00a0at\u00a0which\u00a0a\u00a0dealer\u00a0expects\u00a0to\u00a0convert\u00a0currency\u00a0into\u00a0in\u00a0the\tfuture.\tSpot\tForward\tBackward\tFair\t\t15.The\u00a0World\u00a0Bank\u00a0was\u00a0created\u00a0in\u00a01944\u00a0for\u00a0the\u00a0principal\u00a0purpose\u00a0of\tProviding\u00a0a\u00a0clearinghouse\u00a0for\u00a0currency\u00a0exchanges\tEnhancing\u00a0economic\u00a0development\u00a0and\u00a0FDI\u00a0principally\u00a0in\u00a0Africa\tEnhancing\u00a0economic\u00a0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20\u00a0Question\u00a0Set \u00a0 Choose\u00a0the\u00a0best\u00a0answer\u00a0for\u00a0each\u00a0question\u00a0below.\u00a0There\u00a0is\u00a0only\u00a0one\u00a0(1)\u00a0answer\u00a0to\u00a0each\u00a0question. Please\u00a0make\u00a0sure\u00a0you\u00a0only\u00a0select\u00a0one\u00a0box\u00a0for\u00a0each\u00a0question. 1.Which\u00a0of\u00a0the\u00a0following\u00a0best\u00a0describes\u00a0globalization? The\u00a0increasing\u00a0unification\u00a0of\u00a0the\u00a0world’s\u00a0economic\u00a0system The\u00a0development\u00a0of\u00a0a\u00a0world\u00a0government Increasing\u00a0U.S.\u00a0trade\u00a0with\u00a0China Ease\u00a0of\u00a0communications\u00a0due\u00a0to\u00a0the\u00a0Internet \u00a0 2.Which\u00a0of\u00a0the\u00a0following\u00a0is\u00a0a\u00a0consequence\u00a0of\u00a0globalization? Foreign\u00a0direct\u00a0investment\u00a0(FDI)\u00a0has\u00a0declined Competitive\u00a0pressures\u00a0have\u00a0decreased\u00a0in\u00a0many\u00a0industries Foreign\u00a0companies\u00a0compete\u00a0directly\u00a0with\u00a0domestic\u00a0firms World\u00a0trade\u00a0has\u00a0decreased\u00a0over\u00a0the\u00a0last\u00a0decade \u00a0 3.Critics\u00a0of\u00a0globalization\u00a0claim\u00a0that\u00a0foreign\u00a0companies\u00a0may\u00a0put\u00a0adverse\u00a0pressure\u00a0on\u00a0small\u00a0domestic firms\u00a0potentially\u00a0driving\u00a0them\u00a0out\u00a0of\u00a0business. True False \u00a0 4.Global\u00a0corporations\u00a0view\u00a0the\u00a0world\u00a0as\u00a0their\u00a0market? True False \u00a0 5.Which\u00a0of\u00a0the\u00a0following\u00a0modes\u00a0of\u00a0foreign\u00a0entry\u00a0is\u00a0best\u00a0described\u00a0by\u00a0cost\u00a0and\u00a0risk\u00a0sharing\u00a0while\u00a0gaining local\u00a0knowledge\u00a0and\u00a0political\u00a0influence? Franchising Licensing Joint\u00a0Venture Turnkey\u00a0project \u00a0 6.___________________\u00a0predicts\u00a0that\u00a0countries\u00a0will\u00a0export\u00a0those\u00a0goods\u00a0that\u00a0make\u00a0intensive\u00a0use\u00a0of locally\u00a0abundant\u00a0factors\u00a0and\u00a0will\u00a0import\u00a0goods\u00a0that\u00a0make\u00a0intensive\u00a0use\u00a0of\u00a0factors\u00a0that\u00a0are\u00a0locally scarce. The\u00a0new\u00a0trade\u00a0theory 7.The\u00a0theory\u00a0of\u00a0absolute\u00a0advantage The\u00a0theory\u00a0of\u00a0competitive\u00a0advantage The\u00a0Heckscher-Ohlin\u00a0Theory \u00a0 Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-228013","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/228013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=228013"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/228013\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=228013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=228013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=228013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}