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1) Foreign direct investment is an attractive option for firms looking to diversify their investment portfolios, creating opportunities for firms looking to entering emerging markets

2) As globalization becomes more embedded in daily life, tolerance must continue to increase in order to avoid unnecessary polarization--again reinforcing the notion that globalization is not assimilation

3) The global business manager must process a strong domestic awareness and must understand the unique factors that contribute to the success of global business

4) Advocates for globalization believe that globalization promotes:

5) The global business manager must resist and urge to instinctively trust line managers and instead apply his or her discipline and critical thinking capacity to formulate decisions that are most conducive to the international operating enviroment

6) which of the following is not true about globalization

7) International exchange is a recent concept

8) United states imports primarily came from which nation?

9) Standardization requires that business people understand the seamless international marketplace

10) Pax romana heralded the introduction of mass production, transport, tech, factories

11) The industrial revolution heralded the introduction of which of the following?

12) NAFTA facilitated the importation and exportation of goods and services between the us, mexico,and canada

13) Barriers to trade include all of the following except?

14) All of the following occurred during the information age except?

15) Economic health is considered positive when a country imports considerably more than exports

16) Which of the following is not a driving force for globalization?

17) Pax americana, latin for "american peace" is the period of relative peace in the western world since the end of WWII in 1945, coinciding with the dominant military and economic position of the US

18) Which of the following is a barrier to trade?

19) globalization has created what the critics refer to as a melting pot or peaceful cooperation of various cultural identities?

20) ISO standards specify the requirements for the state-of-the-art products, services, processes, materials, and systems, and for good conformity assessment, managerial and organizational practice

21) Which of the following is true regarding ISOs?

22) Globalization has impacted the aspects of the international community

23) Which of the following is a type of political risk for global managers?

24) WTO was established in the early 1970s to help foster international trade and resolve disputes

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