International Business Opportunities and Challenges Study Set 2

Business

Quiz 4 :

World Economies

Quiz 4 :

World Economies

Question Type
search
arrow
In the WTO, it is the preference giving country, which decides the list of developing countries that will benefit from schemes such as the Generalized System of Preferences (GSP).
Free
True False
Answer:

Answer:

True

Tags
Choose question tag
close menu
arrow
Developing countries enjoy benefits in some WTO Agreements such as longer transition periods before they are required to fully implement the agreement.
Free
True False
Answer:

Answer:

True

Tags
Choose question tag
close menu
arrow
Companies selling expensive goods and services are more interested in economies with low per capita GDP.
Free
True False
Answer:

Answer:

False

Tags
Choose question tag
close menu
arrow
The differences between the OER- and PPP-denominated GDP values for most of the wealthy industrialized countries are generally much smaller than those for the developing nations.
True False
Answer:
Tags
Choose question tag
close menu
arrow
The German law guarantees free unregulated private enterprise.
True False
Answer:
Tags
Choose question tag
close menu
arrow
Developed countries tend to have high human development index (HDI) rankings.
True False
Answer:
Tags
Choose question tag
close menu
arrow
In some industries in the UAE, it is mandatory for companies outside the free-trade zone to have an Emirati sponsor or partner.
True False
Answer:
Tags
Choose question tag
close menu
arrow
The total size of the economy is a better indicator of the strength of the local economy and the market opportunity for a new consumer product than the income per person.
True False
Answer:
Tags
Choose question tag
close menu
arrow
One of the peculiar features of the UAE is that expatriates outnumber the local citizens, or nationals.
True False
Answer:
Tags
Choose question tag
close menu
arrow
If a country has a large black, or underground, market for transactions, it will not be included in the official GDP.
True False
Answer:
Tags
Choose question tag
close menu
arrow
A single language and a homogeneous cultural identity in Africa make it easier for advertisement companies to reach a wider audience with their ads.
True False
Answer:
Tags
Choose question tag
close menu
arrow
The World Trade Organization (WTO) has given clear definitions for "developed" and "developing" countries.
True False
Answer:
Tags
Choose question tag
close menu
arrow
The GDP per person adjusted for purchasing power helps professionals to evaluate what consumers in the local market can actually afford.
True False
Answer:
Tags
Choose question tag
close menu
arrow
Africa serves as an attractive destination for investors because of its low trade tariffs and the untapped spending power of the African population.
True False
Answer:
Tags
Choose question tag
close menu
arrow
The economies of developing countries usually rely heavily on one or more key industries, often related to commodities like oil, minerals mining, or agriculture.
True False
Answer:
Tags
Choose question tag
close menu
arrow
The greater the gender disparity in basic capabilities, the lower a country's GDI compared with its HDI.
True False
Answer:
Tags
Choose question tag
close menu
arrow
Companies from emerging markets should play an important role in the process of transition to the global emerging market, as they have a great deal of experience operating in conditions of non-developed economies.
True False
Answer:
Tags
Choose question tag
close menu
arrow
In a country, if the per capita GDP adjusted for purchasing power is lower than the nominal per capita GDP, it implies that local consumers can afford more with their incomes.
True False
Answer:
Tags
Choose question tag
close menu
arrow
The early 1980s saw the gradual transition of the Chinese economy from a centrally planned economy toward a market-driven economy.
True False
Answer:
Tags
Choose question tag
close menu
arrow
The nominal per capita GDP can be misleading because actual costs in each country differ.
True False
Answer:
Tags
Choose question tag
close menu
Showing 1 - 20 of 96