MT 220 Week 1 Quiz | Assignment Help | Purdue University Global
- Purdue University Global / MT 220
- 31 Jan 2020
- Price: $5
- Other / Other
Question 1
What acts as a brake on globalization?
Question options:
o
Declining trade barriers between nations
o
National differences in taste and
preferences
o
Availability of capital
o
National language
According to the text, which of the following
strategies has Uber® adopted to break into new markets?
Question options:
o
Lobbying to change regulations prior to
entry into a new market
o
Relying on unfavorable exchange rates
o
Offering low wages to drivers but
employing more
o
Establishment of service, then fighting
regulations
A shift towards a more integrated world economy is a
characteristic of what?
Question options:
o
Globalization
o
Localization
o
Unity
o
Standardization
Question 4
Which organization is committed to working to lower
barriers to cross-border trade and investment?
Question options:
o
World Hunger Relief
o
The International Agricultural Fund
o
Fair Trade Certification
o
The World Trade Organization
Question 5
Labor, energy, land, and capital comprise what?
Question options:
o
Factors of consumption
o
Factors of production
o
Components of industrialization
o
Components of human need
What product is at the core of Uber’s® business
model?
Question options:
o
Credit card processing
o
Computer processing
o
Smartphone app
o
Google Glasses®
What is the name of the phenomenon in which prices
of computers fall and their power increases over time?
Question options:
o
Law of Increasing Returns
o
Law of Inverse Price and Performance
o
Moore’s Law
o
Law of Spatiality
Question 8
By 2014, what was the total stock of global Foreign
Direct Investment (FDI)?
Question options:
o
$26 trillion
o
$ 500 billion
o
$76 trillion
o
$10 trillion
Question 9
What policies during the 1920’s and 1930’s were used
in attempts to protect a nation’s domestic industries from foreign competition?
Question options:
o
Retaliatory trade policies
o
Compensatory trade policies
o
Laissez- faire trade policies
o
Structured trade policies
Question 10
During the 1960’s, the United States routinely
accounted for about 20 percent of world export of manufactured goods. By 2014,
what was the exporting percentage?
Question options:
o
9.2 percent
o
12 percent
o
15 percent
o
18 percent