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GB Unit 1 Review T/F
Test Description: Unit 1
Instructions: Answer all questions to get your test result.
1) International trade usually reduces the product choices available to consumers
A
True
B
False
2) International business can help to improve political relations among countries
A
True
B
False
3) Culture refers to the type of government of a country
A
False
B
True
4) As a country expands its international trade activities, the choice of goods available to consumers in that country usually decreases
A
False
B
True
5) A country with a large agricultural base is usually more economically developed than one with a large manufacturing base.
A
False
B
True
6) In market economies, most economic decisions are made by the government
A
True
B
False
7) Literacy level is an important measure of a country's level of economic development because better-educated citizens can usually produce more goods and services of high quality
A
False
B
True
8) One aspect of mobility is the willingness to relocate to another location for better employment
A
False
B
True
9) In a high-context culture language is very direct and words are taken literally
A
False
B
True
10) The meanings of body language are universal
A
False
B
True
11) Technology is seen as a threat to the way of life by some cultural groups
A
True
B
False
12) Reverse culture shock is a normal reaction to returning home after a lengthy stay abroad
A
False
B
True
13) Religion has no influence on international business
A
False
B
True
14) Democratic societies do not usually have a market economy
A
True
B
False
15) A multinational enterprise in a host country must operate within the host country's economic, social, and legal contraints
A
True
B
False
16) Multinational companies usually do not benefit the citizens of the host country
A
False
B
True
17) An outbreak of civil war within a country is an example of political risk
A
True
B
False
18) Import quotas are used to help protect domestic companies from foreign competition
A
True
B
False
19) Customs duties are often assessed to make imported products more expensive than similar products produced locally
A
False
B
True
20) The more taxes there are on a business, the higher the price, the business charges consumers for its products
A
False
B
True
*select an answer for all questions
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