- Currency （ ） typically involves the long-term movement of funds from one currency to another in the hopes of profiting from shifts in exchange rates.
- The risk that arises from volatile changes in exchange rates is known as（ ）
- If the spot exchange rate is £1 = $1.50 when the market opens, and £1 = $1.48 at the end of the day, the pound has appreciated, and the dollar has depreciated.（ ）
- The foreign exchange market is a market for converting the currency of one country into that of another country.（ ）
- Carry trade is non-speculative in nature.（ ）
- （ ）enables top managers to compare, in a reasonably objective fashion, different investment alternatives within and across countries so they can make informed choices about where the firm should invest its scarce financial resources.
- Royalties and fees have certain tax advantages over （ ）, particularly when the corporate tax rate is higher in the host country than in the parent's home country.
- The price at which goods and services are transferred between subsidiary companies in a multi-national firm is referred to as （ ）.
- Firms cannot use transfer prices to move funds from a subsidiary to the parent company when financial transfers in the form of dividends are blocked by host-country government policies. （ ）
- Accounting standards are rules for preparing financial statements. （ ）
- （ ） refers to the expertise, competencies, and skills of established retailers in a nation, and their ability to sell and support the products of international businesses.
- The set of choices the firm offers to its targeted market is known as the （ ）.
- Which of the following is one of the four elements that constitute a firm's marketing mix? （ ）
- The set of choices the firm offers to its targeted markets is known as the marketing mix. （ ）
- Products sell well when their attributes match consumer needs. （ ）
- Which of the following statements is true of countertrade? （ ）
- （ ） is primarily used for one-time-only deals in transactions with trading partners who are not creditworthy or trustworthy.
- The（ ） is issued to the exporter by the common carrier transporting the merchandise.
- Barter is a reciprocal buying agreement that occurs when a firm agrees to purchase a certain amount of materials back from a country to which a sale is made. （ ）
- The bill of lading can function as collateral against which funds may be advanced to the exporter by its local bank. （ ）
- （ ） can be used to formalize arrangements to swap skills and technology in a strategic alliance.
- Other things being equal, the benefit-cost-risk trade-off is likely to be most favorable in: （ ）
- If a firm is trying to enter a market where there are already well-established companies, and where global competitors are also interested in establishing a presence, the firm should choose a(n) （ ）.
- McDonald's is an example of a firm that uses （ ）.
- The costs and risks associated with doing business in a foreign country are typically: （ ）
- ( ) occurs when high-cost domestic producers are replaced by low-cost producers within the free trade area.
- The movement toward regional economic integration been most successful in ( ）.
- A benefit to companies of economic integration is the opportunity to centralize their production and reduce costs. （ ）
- To exploit the opportunities presented by the EU, non-EU firms must establish EU subsidiaries.（ ）
- The governments of both Canada and the United States are keen on adding other Latin American countries to NAFTA. （ ）
- FDI can benefit the home country's （ ） if the foreign subsidiary creates demands for home-country exports of capital equipment, intermediate goods, complementary products, and the like.
- Host country citizens that are employed by an MNE following an FDI are an example of a(n) （ ） of FDI.
- If the FDI is a substitute for imports of goods or services, the effect can be to improve the （ ） of the host country's balance of payments.
- （ ） gives a firm tight control over manufacturing, marketing, and strategy in a foreign country that may be required to maximize its profitability.
- When transportation costs are added to production costs, it becomes unprofitable to ship some products over a large distance. This is particularly true of products that: （ ）
- ( ) supports the idea that countries should export more than what they import.
- ( ) stresses that in some cases countries specialize in the production and export of particular products because the world market can support only a limited number of firms.
- （ ） refers to a situation where a government does not attempt to influence through quotas or duties what its citizens can buy from another country.
- Unlike Ricardo's theory, however, the Heckscher-Ohlin theory argues that the pattern of international trade is determined by differences in factor endowments, rather than differences in productivity.（ ）
- First-mover advantages are the economic and strategic advantages that accrue to early entrants into an industry.（ ）
- The system of values and norms that are shared among a group of people and that when taken together constitute a design for living best defines（ ）.
- Culture is（ ）.
- （ ） is/are best defined as shared assumptions about how things ought to be.
- The value systems and norms of a country are unrelated to the costs of doing business in that country.（ ）
- Hofstede's concept of power distance focused on the extent to which different cultures socialized their members into tolerating uncertainty.（ ）
- Design and names by which merchants or manufacturers designate and differentiate their products are known as（ ）.
- Under the （ ）, cases are judged with reference to three characteristics: tradition, precedent, and custom.
- The tenet of （ ）is that the welfare of society is best served by letting people pursue their own economic self-interest.
- A theocratic law system is one in which the law is based on religious teachings.（ ）
- Judges under a civil law system have more flexibility than those under a common law system. （ ）
- （ ） occurs when a firm invests resources in business activities outside its home country.
- The rise of mini-multinationals means that（ ）.
- The（ ） is primarily responsible for policing the world trading system and making sure nation-states adhere to the rules laid down in trade treaties signed by member states.
- A firm does not have to become a multinational enterprise to engage in international business. （ ）
- The globalization of the world economy has resulted in a relative increase in the dominance of U.S. firms in the global marketplace. （ ）
答案:speculation
答案:foreign exchange risk
答案:错
答案:对
答案:错
答案:Capital budgeting
答案:dividends
答案:transfer price
答案:错
答案:对
答案:Channel quality
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