38.According to the Trade Organization, in 2014 merchandise exports: A.reached a record high. B.declined for the first time since 1983. C.remained fairly consistent. D.decreased by almost 50 percent. Answer: A Feedback: According to the Trade Organization, in 2014merchandise exports reached a record high $18.2 trillion, and commercial services exports have rebounded to $4.2 trillion. AACSB: Analytic Bloom's: Understand Learning Objective: 01-01 ASSESS the implications of globalization for countries, industries, firms, and communities. Level of Difficulty: 2 Medium Globalization and Internationalization 39.In 2009, global FDI _____. A.nearly doubled B.nearly tripled C.dropped substantially D.remained fairly constant Answer: C Feedback: In 2009, global FDI dropped significantly by almost 50 percent to $896 billion. It rebounded to $1.5 trillion by 2013. AACSB: Analytic Bloom's: Understand Learning Objective: 01-01 ASSESS the implications of globalization for countries, industries, firms, and communities. Level of Difficulty: 2 Medium Topic: Globalization and Internationalization 40.By 2017, foreign direct investment (FDI) is estimated to: A.surpass the all-time high set a decade earlier in 2007. an all-time low due to political instability and uncertain markets. C.experience a significant drop similar tothe global recession of 2009. D.experience an insignificant rise due to a slow rate of increase of merchandise exports. Answer: A Feedback: By 2017, foreign direct investment (FDI) is estimated to surpass the all-time high set a decade earlier in 2007. Despite dropping almost 50 percent in 2009 to $896 billion, global FDI rebounded to $1.5 trillion by 2013. AACSB: Analytic Understand Learning Objective: 01-01 ASSESS the implications of globalization for countries, industries, firms, and communities. Level of Difficulty: 2 Medium Topic: Globalization and Internationalization
38.According to the Trade Organization, in 2014 merchandise exports: A.reached a record high. B.declined for the first time since 1983. C.remained fairly consistent. D.decreased by almost 50 percent. Answer: A Feedback: According to the Trade Organization, in 2014merchandise exports reached a record high $18.2 trillion, and commercial services exports have rebounded to $4.2 trillion. AACSB: Analytic Bloom's: Understand Learning Objective: 01-01 ASSESS the implications of globalization for countries, industries, firms, and communities. Level of Difficulty: 2 Medium Globalization and Internationalization 39.In 2009, global FDI _____. A.nearly doubled B.nearly tripled C.dropped substantially D.remained fairly constant Answer: C Feedback: In 2009, global FDI dropped significantly by almost 50 percent to $896 billion. It rebounded to $1.5 trillion by 2013. AACSB: Analytic Bloom's: Understand Learning Objective: 01-01 ASSESS the implications of globalization for countries, industries, firms, and communities. Level of Difficulty: 2 Medium Topic: Globalization and Internationalization 40.By 2017, foreign direct investment (FDI) is estimated to: A.surpass the all-time high set a decade earlier in 2007. an all-time low due to political instability and uncertain markets. C.experience a significant drop similar tothe global recession of 2009. D.experience an insignificant rise due to a slow rate of increase of merchandise exports. Answer: A Feedback: By 2017, foreign direct investment (FDI) is estimated to surpass the all-time high set a decade earlier in 2007. Despite dropping almost 50 percent in 2009 to $896 billion, global FDI rebounded to $1.5 trillion by 2013. AACSB: Analytic Understand Learning Objective: 01-01 ASSESS the implications of globalization for countries, industries, firms, and communities. Level of Difficulty: 2 Medium Topic: Globalization and Internationalization
Test-Bank-for-International-Management-10th-Edition-By-Luthans.docx