Environmental problems in China
A) increase pressure for decentralization of power and authority from the ruling Communist party.
B) are not recognized by local Chinese interests, but get large amounts of attention from global activists.
C) are improving at a rapid pace in Chinese urban areas.
D) are generally not an issue domestically or globally.
Question 2 - The Asian Infrastructure Investment Bank (AIIB)
A) has been very effective in reaching its goals.
B) lends only to Chinese businesses.
C) is as large as the IMF.
D) provides financing to developing countries.
Question 3 - Which of the following is NOT a challenge to doing business in China?
A) Issues related to the business climate, such as taxes
B) The availability of credit
C) Failure to protect intellectual property
D) Poor infrastructure and port facilities to support export of products
Question 4 - Trade in services such as information technology
A) is like other trade; it creates winners and losers, but the gains for national economies likely outweigh the costs.
B) creates gains for India's economy, but national welfare losses for the countries that import these services.
C) make it highly likely that information technology jobs will ultimately disappear in the industrialized countries.
D) is not perceived as threatening by industrialized countries so is unlikely to lead to any protectionist sentiment or pressures in the way the manufacturing does.
Question 5 - Which of the following accurately depicts the situation of India's trade in services and what it might mean for the global economy?
A) It is not perceived as threatening to the industrialized nations so it is likely to grow without any impact.
B) Because it is nothing new, other economies have had time to adjust.
C) It creates only harm to other national economies.
D) It may lead to protectionist sentiment and policies in other nations as comparative advantages shift.
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