Question 1

Discuss the arguments supporting and opposing globalization of trade and investment.

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Question 2

Identify and discuss the five major kinds of drivers that are leading international firms to the globalization of their operations.

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Question 3

That ______ trade is the best strategy for advancing the world's economic development is one of the few propositions on which almost all economists agree.

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Question 4

A ______ driving force for globalization is the fact that companies are defending their home markets from competitors by entering the competitors' home markets to distract them.

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Question 5

Expanded trade is also linked with the creation of more and _________ jobs.

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Question 6

The tendency toward an international integration of goods,technology,information,labor,and capital,or the process of making this integration happen,is referred to as ___________.

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Question 7

A one percentage point increase in ______ on average reduces poverty by more than 1.5 percent each year.

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Question 8

Within a generation's time,there has been an enormous improvement in the human condition,and every one of the development success stories was based on export-led growth facilitated by the _________ of trade.

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Question 9

The United States has only about ______ percent of the world's population,so the vast proportion of most companies' potential customers are located elsewhere.

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Question 10

The term "Bottom of the ________," popularized by the late Professor
C. K. Prahalad, refers to the approximately 3 billion of the world's poorest inhabitants who survive on less than $2 per day.
C. K. Prahalad, refers to the approximately 3 billion of the world's poorest inhabitants who survive on less than $2 per day.
The term "Bottom of the Pyramid," popularized by the late Professor

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Question 11

Opponents of free trade point out that globalization has contributed to a _______ in environmental and health conditions.

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Question 12

Discuss the three environments in which an international company operates.

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Question 13

Many opponents of globalization have claimed that there is a huge gap between the world's rich and poor and that _____ has caused that gap to increase.

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Quiz 1: The Challenging Context of International Business