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| 1 | |
A fundamental shift is occurring… we are moving toward national economies relatively self-contained |
| | A) | True |
| | B) | False |
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| 2 | |
Expanding internationally: the global retailing industry, profiles in the opening case, is a late mover in this development. |
| | 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 | |
The global dispersal of productive activities is mostly limited to giants such as Boeing |
| | 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 are expected to increase to $ 16 billion by 2009 |
| | 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 | |
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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| 10 | |
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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| 11 | |
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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| 12 | |
Many of the former communist nations share a commitment to free market economies |
| | A) | True |
| | B) | False |
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| 13 | |
Toronto clothing manufacturer GreenBud (former supplier to Roots) closed its operations as a result of outsourcing |
| | A) | True |
| | B) | False |
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