商务英文 ~选择题~.docx

The trend away from distinct national economic units and toward one huge global market is known as Ca) Internationalizationb) Economic integrationc) Globalizationd) PrivatizationWhich of the following is not an example of a global institution? Aa) The Federal Reserveb) The International Monetary Fundc) The World Bankd) The World Trade OrganizationCoca-Cola, Sony Play stations, and McDonalds hamburgers are all examples of Ba) American productsb) Global productsc) Industrial productsd) National productsWhich organization provides a mechanism for dispute resolution and the enforcement of trade laws? Ca) The UNb) The IMFc) The WTOd) The World BankWhich of the following statements is true? Da) The U.S. has been accounting for an increasing share of world trade in recent yearsb) The U.S. has been accounting for an increasing share of world foreign direct investment in recent yearsc) The U.S. has been accounting for an increasing share of world output in recent yearsd) The share of world trade accounted for by China has been increasing in recent yearsThe political, economic and legal systems of a country are called Da) Political systemsb) Economic systemsc) Legal systemsd) Political economyIndividuals who believe socialism can be achieved only through revolutions and totalitarian dictatorship are called Ba) Social democratsb) Communistsc) Individualistsd) Representative democratsWhich system emphasizes individual freedom and self-expression? Aa) Individualismb) Collectivismc) Theocratic totalitarianismd) Tribal totalitarianismWhich of the following is not one of the three broad types of economic systems? Da) Market economyb) Command economyc) Mixed economyd) Free economyWhich type of legal system is based on a very detailed set of laws organized into codes? Da) Contract lawb) Civil lawc) Common law d) Theocratic lawWhich type of risk involves the likelihood that a trading partner will opportunistically break a contract or expropriate intellectual property rights? Ca) Contract riskb) Economic riskc) Legal riskd) Political risk Abstract ideas about what a society believes to be good right and desirable are called Ca) Attitudesb) Normsc) Valuesd) MoresThe extent to which an individual can move out of the social strata into which they are born is called Ca) Social stratificationb) Class mobilityc) Social mobilityd) Caste systemThe religion with the largest following in the world is Aa) Christianityb) Islamc) Hinduismd) BuddhismWhich of Hofstedes dimensions measures the extent to which different cultures socialize their members into accepting ambiguous situations and tolerating uncertainty? Ba) Individualism versus collectivismb) Uncertainty avoidancec) Masculinity versus femininityd) Power distance Which of the following does not contribute to unethical behavior by managers? Da) Unrealistic performance goalsb) Leadershipc) Organizational cultured) Restrictions on bribesWhich philosophy claims that a companys home-country standards of ethics are the appropriate ones to follow in foreign countries? Ba) Cultural relativismb) Righteous moralistc) Friedman doctrined) Nave immoralist A companys formal statement of ethical priorities is called its Ba) Mission statementb) Code of ethicsc) Code of valuesd) Organizational culture Which theory did not suggest that there could be gains from specialization and trade? Aa) Mercantilismb) Absolute advantagec) Comparative advantaged) Heckscher-Ohlin theoryEconomies of scale and first mover advantages are central to which theory of trade Ba) Porters diamond of competitive advantageb) New trade theoryc) Vernons product life cycled) Comparative advantage Porters Diamond is made up of all of the following except Da) Factor endowmentsb) Related and supporting industriesc) Firm strategy, structure, and rivalryd) Supply conditions A tariff levied as a fixed charge for each unit of a good imported is a(n) Aa) Fixed tariffb) Specific tariffc) Ad valorem tariffd) Transit tariffA quota on trade imposed from the exporting countrys side is a(n) Aa) Voluntary export restraintb) Quota rentc) Local content requirementd) Administrative trade policy Which argument for government intervention suggests that an industry should be protected until it can develop and be viable and competitive internationally? Da) Strategic trade policyb) National securityc) Retaliationd) Infant industryThe main issues on the table at the Doha Round include all of the following except Da) Anti-dumping policiesb) Protectionism in agriculturec) Intellectual property rightsd) Infant industry protection A company that establishes a new operation in a foreign country has made Ca) An acquisitionb) A mergerc) A greenfield investmentd) A joint ventureWhich of the following statements is true? Ba) Over the years, there has been a marked decrease in the stock and flow of FDI b) Over the years, there has been a marked increase in the stock and flow of FDI c) Over the years, there has been a marked decrease in the stock and an increase in the flow of FDI d) Over the years, there has been a marked increase in the stock and an decrease in the flow of FDI Advantages that arise from using resource endowments or assets that are tied to a particular location and that a firm finds valuable to combine with its own unique assets are Ba) First mover advantagesb) Location advantagesc) Externalitiesd) Proprietary advantagesThe European Union is an example of a(n) Da) Free trade areab) Customs unionc) Common marketd) Economic unionThe ultimate decision making body of the European Union is the Aa) Council of the European Unionb) European Parliamentc) Court of Justiced) European CommissionStudies show that after its first decade, Aa) There was a small net gain of jobs in the U.S.b) Exports from the U.S. failed to growc) NAFTAs overall impact has been significantd) The U.S., Canada, and Mexico all experienced a decrease in productivityThe rate at which one currency is converted into another is the Aa) Exchange rateb) Cross ratec) Conversion rated) Foreign exchange marketThe rate at which a foreign exchange dealer converts one currency into another currency on a particular day is the Da) Currency swap rateb) Forward ratec) Specific rated) Spot rateAll of the following impact future exchange rate movements except Ca) A countrys price inflationb) A countrys interest ratec)