Which of the following integrates the economic and political activities of nations?
a. Political reforms
b. Export consortia
c. Economic blocs
d. Born globals
Question 2Discuss how business researchers apply the scientific method when conducting research.
Question 3The European Union is an example of a(n) _____.
a. economic bloc
b. export consortium
c. multilateral negotiation
d. nontariff barrier zone
Question 4Describe basic and applied business research and design an example of each.
Question 5The International Bank for Reconstruction and Development is also known as the _____.
a. Export-Import Bank
b. UNDP
c. World Bank
d. IMF
Question 6Explain how business research contributes to business success.
Question 7How much funding was required from members during the creation of the International Monetary Fund?
a. Twenty-five percent in gold or dollars, the rest in the members' local currency
b. Twenty-five percent in commodities, the rest in American dollars
c. Twenty-five percent in dollars, the rest in members' local currency or gold
d. Twenty-five percent in gold, the rest in American dollars or the members' local currency
Question 8When empirical evidence from two different cultures suggests that people in one culture act in ways that are similar to people in a different culture, we say that this fact _____ the hypothesis that the two cultures are similar to one another.
Fill in the blank(s) with correct word
Question 9Which of the following statements about the IMF is true?
a. The IMF contributed toward providing international liquidity and toward facilitating international trade.
b. In light of the worldwide slowdown of economies and the financial crisis, the IMF focused on its traditional customers of the developed markets and economies.
c. In order to ensure that a local stimulus would not be suffocated by global restrictions, the IMF minimized simultaneous expansions in economies.
d. The original goal of the IMF ensured variable exchange rates between countries.