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BUSN 427 Week 8 Final Exam

BUSN 427 Week 8 Final Exam

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Author: Christine Farr
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1. Question :
(TCO 1) What organization was protested in Seattle in 1999?
Student Answer:
Boeing Corporation
Starbucks
World Trade Organization
APEC (Asia Pacific Economic Corporation)
Comments:
2.
Question :
(TCO 2) According to Francis Fukuyama, the collapse of communism in eastern Europe was followed by which of the following?
Student Answer:
The new world order
The end of history
The universalization of Western democracy
None of the above
All of the above
Comments:
3.
Question :
(TCO 3) Which language is most widely spoken throughout the world?
Student Answer:
Chinese
Hindi
English
Spanish
None of the above
Comments:
4.
Question :
(TCO 3) Which theory deals with competitive advantage for countries?
Student Answer:
Herckscher-Ohlin
Adam Smith’s Wealth of Nations
Product Life-Cycle Theory
The Leontief Paradox
None of the above
Comments:
5.
Question :
(TCO 4) In the last 30 years, the world economy has seen
Student Answer:
a marked increase in both the flow and stock of FDI.
a slowing of FDI overall.
FDI grow but more slowly than world trade.
a shift away from free-market economies.
Comments:
6.
Question :
(TCO 5) Chile is included in which of the following regional integrations organizations?
Student Answer:
MERCCOSUR
Andean Community
NAFTA
APEC
None of the above
Comments:
7.
Question :
(TCO 6) When a firm engages in hedging it is
Student Answer:
ensuring against a risk in the foreign exchange.
violating a law on foreign speculations.
in danger of violating the Foreign Corrupt Practices Act.
investing in a hedge fund to maximize its return to shareholders.


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