* not completed

. China significantly increased its involvement in the global economy when it joined:

NAFTA. correct incorrect

WTO. correct incorrect

EU. correct incorrect

all of the above. correct incorrect

* not completed

. Company analysis to identify gaps in the international marketplace is termed:

sales presentation. correct incorrect

strategy analysis. correct incorrect

brand identification. correct incorrect

opportunity analysis. correct incorrect

* not completed

. In assessing a country’s potential for foreign investment a company needs to undertake:

a detailed analysis of elements in the macro environment. correct incorrect

an assessment of the political and financial risks of doing business in that country. correct incorrect

an analysis of the competitive situation. correct incorrect

all of the above. correct incorrect

* not completed

. For which of the following companies will political criteria be particularly important in country selection?

A construction company involved in large infrastructure projects. correct incorrect

A manufacturer of car parts. correct incorrect

A distributor of fruit products. correct incorrect

A manufacturer of women's footwear. correct incorrect

* not completed

. In the early stages of country selection it is likely that a manufacturer of pork products would eliminate which of the following countries?

Countries with a Christian culture. correct incorrect

Countries with an Islamic culture. correct incorrect

Countries with low import restrictions on pork products. correct incorrect

Countries with low rates of economic growth correct incorrect

* not completed

. Liberalization differs from deregulation because:

liberalization brings greater economic freedom. correct incorrect

liberalization focuses on opening up the external or traded sector of an economy. correct incorrect

liberalization requires the coexistence of political democracy. correct incorrect

liberalization can only be achieved through multilateral trade agreements. correct incorrect

* not completed

. Global protectionism differs from trade protectionism because:

only governments can implement global protectionism. correct incorrect

more countries benefit from global protectionism than trade protectionism. correct incorrect

global protectionism involves a wider range of economic restrictions. correct incorrect

consumers enjoy wider choice under global protectionism when compared with trade protectionism. correct incorrect

* not completed

. In a number of cases regional integration is being reconsidered:

because it involves the combination of both large and small economies. correct incorrect

because it is creating perceived issues of inequality and inequity. correct incorrect

because it is not compatible with free trade. correct incorrect

because it discourages economic specialization. correct incorrect

* not completed

. Locational differentiation occurs because:

regions differ in terms of cost and resource conditions. correct incorrect

the world is experiencing cultural homogeneity. correct incorrect

government economic policies are increasingly converging. correct incorrect

complex supply chains are easier to manage when they cross national borders. correct incorrect

* not completed

. Liability of foreignness can result from:

challenges of coordination over distance. correct incorrect

lack of legitimacy in the host country. correct incorrect

economic nationalism in the host country. correct incorrect

all of the above. correct incorrect