Global Business Today: Asia-Pacific Perspective 5th edition by Charles W. L. Hill Test bank

Germany, Italy, Japan, Russia, the United Kingdom and the United States. It represents
__________people.
A. 100 million
B. 200 million
C. 300 million
D. 900 million
Ans: D
Blooms: Knowledge
Difficulty: Medium
Learning Objective: 1.2 Illustrate how the global economy has changed over the past 50 years.
Topic: The Changing Shape of the Global Economy
53. The changing shape of the global economy can be examined by the following except:
A. the changing world output and world trade picture.
B. the changing foreign direct investment picture.
C. the changing nature of marketing.
D. the changing world order.
Ans: C
Blooms: Evaluation
Difficulty: Medium
Learning Objective: 1.2 Illustrate how the global economy has changed over the past 50 years.
Topic: The Changing Shape of the Global Economy
54. Concerns over _________________ , lower wages and growing income inequality
are frequently voiced by globalisation opponents.
A. job losses
B. job promotions
C. transfers
D. job promotions with transfers
Ans: A
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Hill (2019), Global Business Today 5e, McGraw-Hill Education (Australia)
Chapter 01 Testbank
Blooms: Comprehension
Difficulty: Medium
Learning Objective: 1.4 Debate the impact of globalisation on issues such as job security, income inequality and the environment.
Topic: The Globalisation Debate
55. Many influential economists, politicians and business leaders believe that globalisation
stimulates economic growth, raises the incomes of consumers, and helps to
create________________that participate in the global trading system.
A. jobs in all countries
B. patents in all countries
C. copyrights in all countries
D. trademarks in all countries
Ans: A
Blooms: Knowledge
Difficulty: Medium
Learning Objective: 1.4 Debate the impact of globalisation on issues such as job security, income inequality and the environment.
Topic: The Globalisation Debate
56. Critics of globalisation argue that despite the supposed benefits associated with free trade and
investment, over the past 100 years or so the gap between the rich and poor nations of the world
has_____________.
A. no significant change
B. widened
C. become balanced
D. become smaller
Ans: A
Blooms: Knowledge
Difficulty: Medium
Learning Objective: 1.4 Debate the impact of globalisation on issues such as job security, income inequality and the environment.
Topic: The Globalisation Debate
57. The richest nations of the world can also help by reducing barriers to the importation of
products from the world’s poorest nations, particularly tariffs on imports of
___________products and textiles.
A. electronic
B. agricultural
C. service
D. manufacturing
Ans: B
Blooms: Comprehension
Difficulty: Medium
Learning Objective: 1.4 Debate the impact of globalisation on issues such as job security, income inequality and the environment.
Topic: The Globalisation Debate
58. The minimum that a firm has to do to engage in international business is to:
A. export or import products from other countries.
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Hill (2019), Global Business Today 5e, McGraw-Hill Education (Australia)
Chapter 01 Testbank
B. invest directly in operations in another country.
C. establish joint ventures or strategic alliances with companies in other countries.
D. export low-wage manufacturing jobs to companies in other countries.
Ans: A
Blooms: Comprehension
Difficulty: Medium
Learning Objective: 1.5 Compare how the management of international business differs from the management of domestic
business.
Topic: Managing in the Global Marketplace: What’s the Difference?
Full download link: https://bit.ly/30VaQky
59. Free trade alone, some argue, is a necessary but not sufficient prerequisite to help ‘highly
indebted poorer countries’ (HIPCs) bootstrap themselves out of poverty. They also recommend
implementing:
A. a highly regulated command economy.
B. weaker property rights laws.
C. weaker labour regulations.
D. large-scale debt relief.
Ans: D
Blooms: Knowledge
Difficulty: Medium
Learning Objective: 1.4 Debate the impact of globalisation on issues such as job security, income inequality and the environment.
Topic: The Globalisation Debate
60. The rise of the _______ has lowered the barriers that small companies face in providing
products and services internationally and in building international sales.
A. internet
B. produce price
C. raw materials cost
D. service charge
Ans: A
Blooms: Knowledge
Difficulty: Medium
Learning Objective: 1.2 Illustrate how the global economy has changed over the past 50 years.