An Overview of International Business MCQs

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Which of the following could be considered a major reason that a city would want to host the Olympic Games?






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Which of the following would be considered an international business transaction?






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The Internet has helped small businesses compete in global markets because it ________.






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According to the CAGE Model, which of the following refers to the physical, communications, and transportation links between countries?






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Individuals should most likely study international business to ________.






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Which of the following has most likely triggered the increase of small businesses involved in international business?






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Just-in-time systems were created in ________.






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Just-in-time systems are used by firms to ________.






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Sony's suppliers deliver necessary inputs as they are needed by Sony. Sony is most likely using a(n) ________ system.






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Black and Decker produces tools at a plant in North Carolina and ships the tools to retailers in England. This is an example of which type of internat...






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________ is the buying of products made in other countries for use or resale in one's own country.






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Sam's Club purchases kalamata olives from Greece for sale in its stores. Which international business activity does this represent?






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The British term for the trading of tangible goods is ________.






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The British term for the trading of intangible goods is ________.






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Boeing, an American firm, sells commercial aircraft to Lufthansa in Germany. This is an example of ________.






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Exports account for about ________ of Netherland's gross domestic product?






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The international business activity called ________ occurs when capital is supplied by residents of one country to residents of another country.






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________ are investments made for the purpose of actively controlling property, assets, or companies located in host countries.






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Which term refers to the location of a parent company's headquarters?






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If a company is headquartered in Taiwan, then Taiwan is the company's ________.






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Ford Motor Company is based in Detroit, Michigan. It also has offices in Germany, England, and China. Which of the following is Ford's home count...






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The ________ is where a company operates but is not headquartered.






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Siemens is headquartered in Germany but maintains operations in the United States. The United States is the ________ country.






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Trade between nations can be traced back as far as ________.






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25) Which country was a significant focal point for international business during the Middle Ages?






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26) ________ are purchases of foreign financial assets for a purpose other than control.






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If a Dutch pension fund purchases 1,000 shares of Sony's stock, the Dutch company has most likely ________.






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28) Compared to Thailand, the United Kingdom has a ________ level of exports of goods and services as a percentage of GDP.






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29) Kraft purchased all of the common stock of Cadbury PLC. This is an example of ________.






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McDonald's has licensed its brand name, operational systems, and trademarks to individual restaurant owners in Europe. This is called internation...






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________ is a contractual arrangement in which a firm in one country allows the use of its intellectual property by a firm in a second country in retu...






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Licensing usually involves permission to use which of the following?






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Walt Disney permits a German clothing manufacturer to market children's pajamas embroidered with Mickey Mouse in return for a percentage of compa...






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A(n) ________ involves a firm in one country agreeing to operate facilities for a firm in another country for an agreed fee.






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Any organization that engages in cross-border commercial transactions with individuals, private firms, and/or public sector organizations is a(n) ____...






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The term ________ is used to identify firms that have extensive involvement in international business.






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The International Red Cross is an example of a(n) ________.






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Which of the following is a common activity of MNCs?






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Toyota, ExxonMobil, General Electric, and Volkswagen are all examples of ________.






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Capital supplied by residents of one country to residents of another is known as ________.






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The integration of markets, nation-states, and technologies in a way that is enabling individuals, corporations, and nation-states to reach around the...






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The ratio of international trade to economic activity has ________ since 1950.






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The importance of foreign direct investment in the world's economy has ________ over time.






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Which of the following is the most likely reason that firms globalize?






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A ________ is a distinctive strength that is central to a firm's operations.






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Which of the following is a primary reason that firms acquire resources and supplies from other countries?






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Which of the following is a likely reason that firms globalize?






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Pepsi's reason for following Coca-Cola to new markets was most likely to ________.






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After World War I, international business was primarily restricted by ________.






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After World War II, international business was primarily triggered by the ________.






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Mexico and Poland are examples of ________.






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Which of the following is considered a BRIC nation?






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By 500 B.C.E., ________ merchants were exporting silk and jade to India and parts of Europe.






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What is the primary reason that U.S. advertising agencies frequently film commercials in South Africa?






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Regional trade and investment has been made easier through which of the following?






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Which of the following is not considered a dominant institution in the Era of Globalization?






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During the Cold War, which term was used when referring to the Soviet Union and its allied Communist states?






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During the Cold War, which term was used when referring to the United States, Australia, and Western Europe?






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During the Cold War, low-income countries in ________ were primarily considered suppliers of raw materials to First World countries.






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Which two countries account for more than one-third of the world's population?






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International nonprofit organizations are called ________.






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Which of the following is a primary source of revenue for the IOC during the Olympics?