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Quiz No. 5 Semester Fall 2012 – MGT520 International Business

Who was the founder of Buddhism?Select correct option:

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A political system that stresses the primacy of collective goals over individual goals is known as:Select correct option:

Correct

Who was the founder of Confucianism?Select correct option:

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Which one of the following is NOT a reason for the spread of democracy?Select correct option:

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Identify an economy in which the state owns all means of production.Select correct option:

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Which of the following is a major reason of forming a joint venture?Select correct option:

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Identify a year in which Pakistan signed GATT?Select correct option:

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United States restrict US firms from undertaking FDI in certain countries especially in Cuba and Iran. Identify the reason behind this act.

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What is the expressed form of EEC?Select correct option:

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Which of the following defines as unit cost reduction associated with a large scale of output?Select correct option:

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Which of the following discussed about the resurgence of Islam in many traditionally Muslim societies as a result of modernization in non-Western societies?

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Which of the following is NOT a strategy for closing gap3?Select correct option:

E-business refers to which one of the followingSelect correct option:

It is a way that firms can unload excess production into foreign markets is called:Select correct option:

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Which of the following is NOT an intellectual property?Select correct option:

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What was the name of the critic, U.S. environmentalist and consumer rights advocate who criticize the role of WTO and its impact on economies?

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How do countries maintain their sovereignty?Select correct option:

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Identify an economist who introduced new trade theory, made arguments and tried to answer deficiencies in the theory of Adam Smith and David Ricardo.

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Which of the following is the economic and strategic advantage that accrues to early entrants into an industry?

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In 1996 the U.S. Congress passed a resolution against Libya and Iran, what was the name of that act?

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