QUESTION 54

1. Managers at Morrison Manufacturing are considering expanding the firm's production overseas and want to ensure that the firm is located in a country with a high degree of economic freedom. Presently, which of the following locations would most likely offer Morrison the highest economic freedom?

   		Bolivia
   		Hong Kong
   		Venezuela
   		North Korea

1 points

QUESTION 55

1. Which of the following is an indication of the increased globalization of business since the end of World War II?

   		Foreign trade has largely replaced foreign ownership as a means of conducting international business.
   		World trade has grown more rapidly than world production.
   		Globally, consumers now depend on foreign output for more than half their consumption.
   		Countries have increased their import restrictions to counter the rising tide of imports.

1 points

QUESTION 56

1. Which of the following is most likely a true statement about the global economy since the 1980s?

   		Socialist governments are intervening more in global exchanges.
   		Wealthy countries are exercising total control over emerging markets.
   		Developing countries are losing growing shares of their foreign-exchange reserves.
   		Emerging economies are adopting the principles and practices of free markets.

QUESTION 57 Creolization refers to ________. government efforts to maintain a distinct cultural identity through legislation and language the process of mixing elements of an outside culture with those of a national culture the use of stereotypes to describe a culture changes as cultures evolve over time 1 points

QUESTION 58 It is most accurate to say that within most nations' borders, people largely share such essential attributes as ________ and ________. work attitudes; occupations lifestyles; education level education level; ethnicity values; language 1 points

QUESTION 59 The recent global financial crisis has interrupted the trend of national economies ________. rapidly adopting the command market model steadily adopting the free market model moving from the mixed to the command model turning away from the mixed model 1 points

QUESTION 60 Which of the following is NOT affected by the Foreign Corrupt Practices Act? companies registered in the United States foreign firms operating in U.S. territory foreign firms quoted on a U.S. stock exchange foreign companies managed by U.S. expatriates