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The shift toward a more integrated and interdependent world economy is referred to as a) economic integrationb) economic interdependencyc) globalizationd) internationalizationThe merging of historically distinct and separate national markets into one huge global marketplace is known asa) global market facilitationb) cross-border tradec) supranational market integrationd) the globalization of marketsFirms that are involved in international business tend to bea) largeb) smallc) medium-sizedd) large, small, and medium-sizedWhich is not a factor of production?a) tradeb) landc) capitald) energyThe sourcing of good and services from around the world to take advantage of national differences in the cost and quality of factors of production is calleda) economies of scaleb) the globalization of productionc) global integrationd) global sourcingWhich organization is responsible for policing the world trading system?a) the International Monetary Fundb) the United Nationsc) the World Trade Organizationd) the World BankWhat is the single most important innovation to the globalization of markets and production?a) advances in transportation technologyb) the development of the microprocessorc) advances in communicationd) the InternetWhich of the following trends is true?a) the United States is accounting for a greater percentage of world trade than ever beforeb) the United States is accounting for a greater percentage of foreign direct investment than ever beforec) the share of world trade accounted for by developing countries is risingd) the share of foreign direct investment by developing countries is decliningWhich of these is not a concern of anti-globalization protesters?a) globalization raises consumer incomeb) globalization contributes to environmental degradationc) globalization is causing a loss of manufacturing jobs in developing countriesd) globalization implies a loss of national sovereigntyA political system that stresses the primacy of collective goals over individual goals is called a) individualismb) collectivismc) a democracyd) a market economy_ believe (s) that socialism can only be achieved through violent revolution and totalitarian dictatorship.a) communistsb) social democratsc) social republicansd) Plato _ is found in states where political power is monopolized by a party according to religious principles.a) tribal totalitarianismb) right-wing totalitarianismc) theocratic totalitarianismd) communist totalitarianism In which type of economic system are all productive activities privately owned?a) a mixed economyb) a command economyc) a representative economyd) a market economy Which type of law is based on tradition, precedent, and custom?a) civil lawb) common lawc) theocratic lawd) contract law Which country is not among the most corrupt countries in the world?a) Haitib) Indonesiac) Malaysiad) Nigeria Design and names by which merchants or manufacturers designate and differentiate their products are calleda) trademarksb) copyrightsc) patentsd) name brands Which is not a primary determinant of a nations rate of economic development?a) its political systemb) its economic systemc) its geographyd) its currencyA form of government in which one person or political party exercises complete control over all spheres of human life and prohibits opposing political parties is a) a democracyb) a representative democracyc) totalitarianismd) socialism Abstract ideas about what a group believes to be good, right, and desirable are calleda) normsb) valuesc) folkwaysd) moresAbstract ideas about what a group believes to be good, right, and desirable are calleda) normsb) valuesc) folkwaysd) moresThe group is the primary unit of social organization ina) Japanb) the United Statesc) Switzerlandd) Mexico Which of the following is not characteristic of individualism?a) individual achievementb) low managerial mobilityc) low company loyaltyd) entrepreneurial behavior Which religion promotes the notion that a moral force in society requires the acceptance of certain responsibilities called dharma?a) Islamb) Buddhismc) Hinduismd) ConfucianismThe most widely spoken language in the world isa) Chineseb) Spanishc) Hindid) English _ focuses on how society deals with the fact that people are unequal in physical and intellectual capabil
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