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        1.0 - Part I True/False Questions 1.A global firm gains

Question :         1.0 - Part I True/False Questions 1.A global firm gains : 1410265

 

        1.0 - Part I True/False Questions

1.A global firm gains marketing, production, and financial advantages that are not available to purely domestic competitors.

aTrue

bFalse

 

 

 

2.Small companies like Cervélo Cycles can be highly successful international marketers if they carefully carve out a niche.

aTrue

bFalse

 

 

 

3.Deciding which markets to enter is the first major decision in international marketing.

aTrue

bFalse

 

 

 

4.Nontariff trade barriers include restrictive product standards that work against American product features.

aTrue

bFalse

 

 

 

5.GATT is a treaty designed to promote world trade by reducing tariffs and other international trade barriers.

aTrue

bFalse

 

 

 

6.Free trade zones are also known as economic communities.

aTrue

bFalse

 

 

 

7.The European Union acts as an umbrella organization that oversees GATT and mediates global disputes.

aTrue

bFalse

 

 

 

8.The European Union (EU) represents one of the world's single largest markets.

aTrue

bFalse

 

 

 

9.With the adoption of the euro, it is likely that the European Union (EU) will eventually go against 2000 years of tradition and become fully integrated.

aTrue

bFalse

 

 

 

10.In a raw material exporting economy, the vast majority of people engage in simple agriculture.

aTrue

bFalse

 

 

 

 

 

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