Question 1

The easiest South or Southeast Asian country for Americans and other English speakers to do business in is Australia, another English-speaking country.

Accepted Answer

Singapore is easier-see Exhibit 15.1 (in the text)

Question 2

India was the most important South and Southeast Asian market in terms of total international trade (exports + imports) in 2015.

Accepted Answer

India's total trade was US$681.6 billion, whereas Singapore's was US$671.6 billion.India also has much greater potential because of its relative size and growth rate.

Question 3

Gender equality is a given in Indian culture such that Indian women are allowed to interact freely with foreigners.

Accepted Answer

For a young woman to take the hand of someone not her husband is considered morally objectionable.

Question 4

Universal Western marketing principles generally successful throughout the world are also equally effective in Singapore and Malaysia.

Accepted Answer

Local practices related to building relationship networks and giving gifts/favors are the most effective.

Question 5

Vietnam has transitioned from a Communist-style centrally planned economy to an economy based on free-market principles.

Accepted Answer

Vietnam has shifted from a centrally planned economy to a socialist-oriented market economy, incorporating free-market principles while maintaining state control over key sectors.

Question 6

American, British, Canadian, and German predominant Si (Introverted Sensing) problem-solving preferences are:

Accepted Answer

The answer of American, British, Canadian, and German predominant Si...

Question 7

American, British, German, and French predominant Te (Extraverted Thinking) commu-nication style preferences, based on national character, are:

Accepted Answer

The answer of American, British, German, and French predominant Te...

Quiz 8: Doing Business in South and Southeast Asia, and Australia