Podcast
Questions and Answers
What is the primary reason why Nike outsources its production to Asian countries?
What is the primary reason why Nike outsources its production to Asian countries?
- To access new markets
- To take advantage of more efficient production
- To access technology and skills
- To reduce production costs (correct)
What is the term for the expansion of a company into foreign markets to increase revenue?
What is the term for the expansion of a company into foreign markets to increase revenue?
- Pull factor
- Globalization of markets (correct)
- PESTLE analysis
- Globalization of production
Which of the following is an example of a push factor?
Which of the following is an example of a push factor?
- Access to technology and skills
- Proximity to key resources
- New markets
- Deterioration in home business environments (correct)
What is the purpose of a PESTLE analysis?
What is the purpose of a PESTLE analysis?
What is the term for the movement of products, people, money, companies, and information across national boundaries?
What is the term for the movement of products, people, money, companies, and information across national boundaries?
Which of the following is NOT a pull factor?
Which of the following is NOT a pull factor?
What type of internationalization involves a company having its branded products produced by another company in a foreign location?
What type of internationalization involves a company having its branded products produced by another company in a foreign location?
Which of the following is an example of Foreign Direct Investment (FDI)?
Which of the following is an example of Foreign Direct Investment (FDI)?
What type of internationalization involves the sale of products in a country other than the one in which they were made?
What type of internationalization involves the sale of products in a country other than the one in which they were made?
What type of agreement involves a company using the brand, products, and business form of another firm under a license?
What type of agreement involves a company using the brand, products, and business form of another firm under a license?
What is the primary reason BMW joined forces with the Brilliance Auto Group to create BMW Brilliance?
What is the primary reason BMW joined forces with the Brilliance Auto Group to create BMW Brilliance?
Which of the following companies is an example of a company that has invested in a foreign country through Foreign Direct Investment (FDI)?
Which of the following companies is an example of a company that has invested in a foreign country through Foreign Direct Investment (FDI)?
What is the primary concern associated with exchange rate fluctuations?
What is the primary concern associated with exchange rate fluctuations?
What was the primary objective of the International Monetary Fund (IMF) during the Bretton Woods System?
What was the primary objective of the International Monetary Fund (IMF) during the Bretton Woods System?
What is the primary criticism of the World Bank's infrastructure projects?
What is the primary criticism of the World Bank's infrastructure projects?
What is sovereign debt typically issued in?
What is sovereign debt typically issued in?
What was the outcome of Argentina's borrowing from international capital markets in the 1990s?
What was the outcome of Argentina's borrowing from international capital markets in the 1990s?
What is comparative advantage, in the context of international trade?
What is comparative advantage, in the context of international trade?
According to Porter's Theory of Competitive Advantage, which of the following is NOT one of the four major factors of international competitiveness?
According to Porter's Theory of Competitive Advantage, which of the following is NOT one of the four major factors of international competitiveness?
What is one reason for government intervention in international trade, as illustrated by the Huawei case study?
What is one reason for government intervention in international trade, as illustrated by the Huawei case study?
Why did the United States fear Huawei, according to the case study?
Why did the United States fear Huawei, according to the case study?
What is one of Huawei's major products, according to the case study?
What is one of Huawei's major products, according to the case study?
What was a concern about Huawei's 5G technology, according to the United Kingdom?
What was a concern about Huawei's 5G technology, according to the United Kingdom?
What is the primary difference between populism and authoritarianism?
What is the primary difference between populism and authoritarianism?
What is the primary advantage of a pegged exchange rate system?
What is the primary advantage of a pegged exchange rate system?
What is the primary reason the gold standard broke down?
What is the primary reason the gold standard broke down?
Which of the following is a characteristic of a floating exchange rate system?
Which of the following is a characteristic of a floating exchange rate system?
What is the primary difference between a fixed exchange rate and a pegged exchange rate?
What is the primary difference between a fixed exchange rate and a pegged exchange rate?
Why might a country choose to adopt a floating exchange rate system?
Why might a country choose to adopt a floating exchange rate system?
