In the last two decades, Latin American countries like Brazil, Mexico, and Chile have _____.
A. embraced communist principles
B. promoted government ownership of enterprises
C. experienced increasing debt and inflation
D. welcomed foreign investment
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Which of the following is a risk associated with globalization?
A. Restrictions on competition
B. Global financial contagion
C. Excessive market regulation
Differentiation of markets
Between 1960 and 2013, the U.S. share of world exports of goods and services:
A. has increased from 9.7% to 38.3%
B. has decreased from more than 20% to 9.7%
C. has slipped to second place, behind only Japan
D. although in decline, has remained in first place with China a close second
The downside of increased globalization is:
A. global financial contagions are less likely
B. a severe crisis in one region can affect the entire globe
C. one nation may become too powerful
D. the potential for increased exploitation of undeveloped nations by developed nations
After the United States, the second-largest source country of MNEs is:
A. Japan
B. China
C. a tie between France and the United Kingdom
D. a tie between Germany and the United Kingdom
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