1. The act of ______________ induces fear in consumers, who decrease their demand, possibly leading to economic recession:

   		Terrorism
   		Elections
   		Privatization
   		Takeover

4 points

QUESTION 2

1. The internal economies of scale bring efficiencies by access to cheaper capital, highly skilled labor, and superior technology.

   True

   False

4 points

QUESTION 3

1. The international market assessment process must end by screening the political and legal forces

   True

   False

4 points

QUESTION 4

1. United States is the best example on a centrally-determined planned economy

   True

   False

4 points

QUESTION 5

1. For MNEs, the course of ____________represents the sequence that goods take between production and final consumer

   		Marketing
   		Distribution
   		Packaging
   		Selling

4 points

QUESTION 6

1. A __________ union is a form of economic integration in which all tariffs between member countries are eliminated:

   		Trade
   		None of the answers
   		Customs
   		Commercial

4 points

QUESTION 7

1. One main reason that makes emerging markets attractive for International Business because they represent a target market for the production

   True

   False

4 points

QUESTION 8

1. In a socialist economy, goods and services are allocated on the basis of demand and supply

   True

   False

4 points

QUESTION 9

1. A business relationship where several companies work together to achieve a collective advantage is named:

   		Trade union
   		Common market
   		Currency union
   		None of the answers

4 points

QUESTION 10

1. MNEs have to price some of their goods differently due to the variance in preferences and demands in the international marketplace

   True

   False

4 points

QUESTION 11

1. Multinational firms often seek alliances with well-qualified local companies to access local market knowledge

   True

   False

4 points

QUESTION 12

1. The more the proportion of middle- class households in emerging markets is increasing, the more this indicates a potential growing economy

   True

   False

4 points

QUESTION 13

1. The mixed economies include _______ owned companies as well as governmental owned entities:

   		Official
   		Public
   		International
   		None of the answers

4 points

QUESTION 14

1. Many countries lack strong laws that protect ____________________which undermine the work of international business:

   		Tangible property
   		Intellectual property
   		Artificial intelligence
   		Nationalization

4 points

QUESTION 15

1. The ______________ states do not bear activities by individuals or groups such as labor unions, or political parties:

   		Autocratic
   		Democratic
   		Liberal
   		European

4 points

QUESTION 16

1. MNEs usually prefer to advertise locally because advertising message does not make sense if translated directly

   True

   False

4 points

QUESTION 17

1. The act of _______________is the procedure of motivating demand for a MNEs goods and services:

   		Exporting
   		Promotion
   		Production
   		Importing

4 points

QUESTION 18

1. All the following are risks and challenges in doing business in emerging markets EXCEPT:

   		Weak Intellectual Property Protection
   		Reduce costs
   		Political Instability
   		Lack of Transparency

4 points

QUESTION 19

1. Developing economies are high-income countries characterized by industrialization and growing economies.

   True

   False

4 points

QUESTION 20

1. In divestiture, the assets remain owned by the government but they are managed by the private sector

   True

   False

4 points

QUESTION 21

1. Property rights includes tangibles such as land and buildings, as well as intangibles, such as stocks, contracts, patent rights, and intellectual assets

   True

   False

4 points

QUESTION 22

1. The deep form of economic integration with common currency is called:

   		Trade union
   		Custom union
   		Economic union
   		Financial union

4 points

QUESTION 23

1. The principal function of a political system is to provide protection from external threats

   True

   False

4 points

QUESTION 24

1. The process by which the state takes control of private business assets is

   		Privatization
   		Localization
   		Accommodation
   		Nationalization

4 points

QUESTION 25

1. In a liberal economy, goods and services are allocated based on n economic central plan

   True

   False