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

that fluctuates between work and leisure, mirroring a pattern of recurring sabbaticals.
True
False
About 46 percent of employees in both the United States and Russia would prefer a work schedule
that fluctuates between work and leisure, mirroring a pattern of recurring sabbaticals. This similarity
can be taken into account by a U.S. firm when considering opening a business in Russia.
References
True / False Learning Objective:
01-03 EXAMINE the
changing balance of
global economic
power and trade and
investment flows
among countries.
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 
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 16.
Award: 10.00 points
 17.
Award: 10.00 points
The ultimate objective of the European Union (EU) is to eliminate all trade barriers among member
countries.
True
False
The ultimate objective of the European Union is to eliminate all trade barriers among member
countries (like between the states in the United States).
References
True / False Learning Objective:
01-03 EXAMINE the
changing balance of
global economic
power and trade and
investment flows
among countries.
The economy of Argentina outweighs that of any other South American country with an economic
output comparable to that of France and has become a worldwide presence.
True
False
The Brazilian economy outweighs that of any other South American country with an economic
output comparable to that of France and has become a worldwide presence. Given Brazil's large
and relatively well-educated population, ample natural resources, existing industrial base, and
strategic geographic position, longer-term prospects are still potentially positive.
References
True / False Learning Objective:
01-03 EXAMINE the
changing balance of
global economic
power and trade and
investment flows
among countries.
 


 
 18.
Award: 10.00 points
 19.
Award: 10.00 points
The Brazilian economy outweighs that of any other South American country with an economic
output comparable to that of France.
True
False
The Brazilian economy outweighs that of any other South American country with an economic
output comparable to that of France. Longer-term prospects are still potentially positive because of
its large and relatively well-educated population, ample natural resources, existing industrial base,
and strategic geographic position.
References
True / False Learning Objective:
01-03 EXAMINE the
changing balance of
global economic
power and trade and
investment flows
among countries.
China remains a major risk for investors because they are required to maintain a delicate balance
between the country's communist and capitalist systems.
True
False
China remains a major risk for investors. The one country, two systems (communism and capitalism)
balance is a delicate one to maintain, and foreign businesses are often caught in the middle.
References
True / False Learning Objective:
01-03 EXAMINE the
changing balance of
global economic
power and trade and
investment flows
among countries.
 

 

 20.
Award: 10.00 points
 21.
Award: 10.00 points
Hungary's economy was the only economy in the EU to continue to grow during the global
recession of 2008-2009.
True
False
Poland's economy was the only economy in the European Union to continue to grow during the
global recession of 2008-2009. In 2018, Poland's GDP grew by around 4 percent. Although the
relatively swift transition to a market economy has been very difficult for the Polish people, with very
high inflation initially, continuing unemployment, and the decline of public services, Poland's
economy has done relatively well.
References
True / False Learning Objective:
01-03 EXAMINE the
changing balance of
global economic
power and trade and
investment flows
among countries.
Singapore has emerged as an urban planner's ideal model and the leader and financial center of
Southeast Asia.
True
False
Singapore has emerged as an urban planner's ideal model and the leader and financial center of
Southeast Asia. It is a major success story, and its solid foundation leaves only the question of how
to continue expanding in the face of increasing international competition.
References
True / False Learning Objective:
01-03 EXAMINE the
changing balance of
global economic
power and trade and
investment flows
among countries.

 
 

 22.