ITB 305 ITB305 Week 11 Final Exam Part 1 Answers (Strayer)

ITB 305 ITB305 Week 11 Final Exam Part 1 Answers (Strayer)

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ITB 305 Week 11 Final Exam Part 1 (STRAYER)

  1. Where does the International Monetary Fund receive its funds?
  2. Which of the following best describes a rate in which selective government intervention works hand-in-hand with allowing markets the freedom to work themselves out?
  3. In the trade relationship with China, why is the US dollar in more demand than the Chinese yuan?
  4. Which of the following is NOT an advantage of a strong US dollar?
  5. What is the "law of one price," where the price for identical products in different countries should be the same if trade barriers are absent?
  6. Which is NOT one of the primary types of foreign exchange transactions?
  7. Which one of the following was agreed upon and launched at the end of the Uruguay Round trade talks?
  8. Which of the following is the economic trade agreement between Australia and New Zealand
  9. Which one of the following was NOT part of the agenda of the Doha round?
  10. Which of the NAFTA members benefited the most from this free trade agreement by securing preferential treatment for 80% of its exports
  11. Efforts to reduce trade and investment barriers within one region refer to:
  12. Out of the following, which one is an example of regional economic integration?
  13. Which one of the following is NOT a function of WTO?
  14. Which of the following is NOT a part of VRIO?
  15. Which of the following is NOT one of the 5 strategies for entrepreneurial SMEs to internationalize without leaving their home country?
  16. Small- and medium-sized enterprises (SMEs) account for ____ percent of the number of firms worldwide.
  17. The key differentiator between rapidly and slowly internationalizing SMEs is
  18. Which of the following would most likely foster more entrepreneurship?
  19. Which is a major reason for China looking more towards informal financing?
  20. One disadvantage for non-equity modes contractual agreements is:
  21. Foreign market entry is a(n) ____ overseas actions.
  22. Sometimes foreign firms are discriminated against
  23. Beyond geographic advantages, location-specific advantages arising from the clustering of economic activities in certain countries are referred to as:
  24. The motto for international business is:
  25. From a resource-based view, managers need to:

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