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International Management: Culture, Strategy, and Behavior 11th Edition by Fred Luthans Test bank

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term business dealings, interlocking directorates, and social ties.
References
Multiple Choice Learning Objective:
01-03 EXAMINE the
changing balance of
global economic
power and trade and
investment flows
among countries.

 


 65.
Award: 10.00 points
Ministry of International Trade and Industry (MITI) is a _____ government agency that identifies and
ranks national commercial pursuits and guides the distribution of national resources to meet these
goals.
Chinese
Japanese
South Korean
Philippine
Ministry of International Trade and Industry (MITI) is a Japanese governmental agency that identifies
and ranks national commercial pursuits and guides the distribution of national resources to meet
these goals.
References
Multiple Choice Learning Objective:
01-03 EXAMINE the
changing balance of
global economic
power and trade and
investment flows
among countries.

 


 66.
Award: 10.00 points
In the context of established economies, despite setbacks, _____ remains a formidable
international competitor and is well poised in all three major economic regions: the Pacific Rim,
North America, and Europe.
Japan
Chile
China
Argentina
In the context of established economies, despite setbacks, Japan remains a formidable international
competitor and is well poised in all three major economic regions: the Pacific Rim, North America,
and Europe.
References
Multiple Choice Learning Objective:
01-03 EXAMINE the
changing balance of
global economic
power and trade and
investment flows
among countries.
 



 67.
Award: 10.00 points
In addition to Japan and China, the important economies in Asia are:
South Korea, Hong Kong, Singapore, and Taiwan.
Indonesia, South Korea, Japan, and Taiwan.
Thailand, South Korea, Indonesia, and Hong Kong.
Singapore, South Korea, Indonesia, and Thailand.
In addition to Japan and China, the important economies in Asia are South Korea, Hong Kong,
Singapore, and Taiwan.
References
Multiple Choice Learning Objective:
01-03 EXAMINE the
changing balance of
global economic
power and trade and
investment flows
among countries.
 



 68.
Award: 10.00 points
In the context of emerging and developing economies, identify a true statement about China.
Multinational corporations find it extremely easy to do business in and with China because
of the undervaluation of the Chinese currency.
China's policy toward its foreign investors is rigid yet predictable.
Trade relations between China and developed countries and regions have significantly
improved after the revaluation of the Chinese currency.
Foreign businesses need to maintain a delicate balance between the communist and the
capitalist systems in China.
Foreign businesses need to maintain a delicate balance between the communist and the capitalist
systems in China. Most MNCs find it very difficult to do business in and with China.
References
Multiple Choice Learning Objective:
01-03 EXAMINE the
changing balance of
global economic
power and trade and
investment flows
among countries.



 
 69.
Award: 10.00 points
In _____, chaebols are very large, family-held conglomerates that have considerable political and
economic power.
Thailand
Japan
South Korea
China
In South Korea, chaebols are very large, family-held Korean conglomerates that have considerable
political and economic power.
References
Multiple Choice Learning Objective:
01-03 EXAMINE the
changing balance of
global economic
power and trade and
investment flows
among countries.


 

 70.
Award: 10.00 points
In the context of emerging and developing economies, identify a true statement about India.
The overwhelmingly diverse people of India mostly speak tribal languages and dialects.
Its political instability is pervasive, which generates substantial risks for foreign investors.
Indians are known for their advanced information technology expertise.
Indian government is unable to provide funds for economic development.
Indians are known for their advanced information technology expertise. This is one of the reasons
that make India attractive to multinationals, especially U.S. and British firms.
References
Multiple Choice Learning Objective:
01-03 EXAMINE the
changing balance of
global economic

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