3680 midtrm3680 midterm.doc

Chapter 1Question 1 1 out of 1 points The United States holds a dominant position in all of the following industries EXECPT: Answer Selected Answer: ?? textiles Correct Answer: ?? textiles Question 2 1 out of 1 points The United States, Canada and Mexico make up the _____, which in essence has removed all barriers to trade between these countries and created a huge North American market. Answer Selected Answer: ?? North American Free Trade Agreement Correct Answer: ?? North American Free Trade Agreement Question 3 1 out of 1 points Which of the following countries was not amongst the worlds 10 most competitive nations in 2010? Answer Selected Answer: ?? United Kingdom Correct Answer: ?? United Kingdom Question 4 1 out of 1 points The Asian economic block, made up of Indonesia, Malaysia, the Philippines, Singapore, Brunei, Thailand, Cambodia, Myanmar and Vietnam is referred to as: Answer Selected Answer: ?? Association of Southeast Asian Nations (ASEAN) Correct Answer: ?? Association of Southeast Asian Nations (ASEAN) Question 5 1 out of 1 points To qualify as a multinational corporation, a firm must meet all of the following criteria EXCEPT: Answer Selected Answer: ?? Sales of at least one million dollars per year Correct Answer: ?? Sales of at least one million dollars per year Question 6 1 out of 1 points MITI is a _____ government agency that identifies and ranks national commercial pursuits and guides the distribution of national resources to meet these goals. Answer Selected Answer: ?? Japanese Correct Answer: ?? Japanese Question 7 1 out of 1 points A major development in South America is: Answer Selected Answer: ?? The growth of inter-country trade, spurred on by the progress toward free-market policies Correct Answer: ?? The growth of inter-country trade, spurred on by the progress toward free-market policies