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| 1 | |
Most retailers are pushing ahead in their attempts to build a global brand |
| | A) | True |
| | B) | False |
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| 2 | |
On one hand, the rapidly emerging global economy drives up costs, but on the other hand it creates opportunities to expand revenues. |
| | A) | True |
| | B) | False |
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| 3 | |
Globalization of markets and globalization of production are the two macro factors that underlie the trend toward greater globalization. |
| | A) | True |
| | B) | False |
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| 4 | |
Average tariff rates have fallen significantly since 1950 and under the Uruguay agreement hit 3.9 percent in 2000. |
| | A) | True |
| | B) | False |
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| 5 | |
Since 1950, the volume of world output, according to data from the World Trade Organization, has grown consistently faster than the volume of world trade. |
| | A) | True |
| | B) | False |
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| 6 | |
An example of Moore's Law is the cost of microprocessors falling while their power increases. |
| | A) | True |
| | B) | False |
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| 7 | |
In Canada, online sales soared to $19 billion in 2004. |
| | A) | True |
| | B) | False |
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| 8 | |
The business-to-business arena seems to be the greatest potential of the Web. |
| | A) | True |
| | B) | False |
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| 9 | |
In 2003, Canada exported more to the U.S. than we imported. |
| | A) | True |
| | B) | False |
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| 10 | |
Most forecasts for 20 years into the future predict a rapid rise in the share of world output accounted for by industrialized countries such as Britain, Germany, and Japan. |
| | A) | True |
| | B) | False |
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| 11 | |
Unfortunately, within the last quarter century, barriers to the free flow of goods, services, and capital have been increasing. |
| | A) | True |
| | B) | False |
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| 12 | |
The removal of barriers to international trade actually destroys manufacturing jobs in wealthy advanced economies is one source of concern. |
| | A) | True |
| | B) | False |
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| 13 | |
Toronto clothing manufacturer GreenBud (former supplier to Roots) gained 400 jobs in 2004. |
| | A) | True |
| | B) | False |
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