Globalization and the Multinational FirmTrue False Questions必看课件资料.doc

Lecture 1 - Globalization and the Multinational Firm 1- PAGE 23 ? 2012 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Lecture 1(Chapter 1) Globalization and the Multinational Firm ? True / False Questions ?The first two columns give the maximum daily amounts of beer and whiskey that Southern Ireland and Northern Ireland can produce when they completely specialize in one or other product. The last two columns give each countrys consumption without trade.?? ? 1.?Is Northern Ireland better off when it trades with Southern Ireland??True????False ? 2.?Now suppose that Southern workers receive a raise to €2 per day. Will trade be possible at the exchange rate you found in the last question??True????False ? 3.?Now suppose that Southern workers are paid €1 per day but the Northern workers receive a raise to ￡2 per day. Will trade be possible at the exchange rate you found in the question before the last question??True????False ? ? Multiple Choice Questions?4.?What major dimension sets apart international finance from domestic finance??A.?Foreign exchange and political risksB.?Market imperfectionsC.?Expanded opportunity setD.?All of the above ? 5.?An example of a political risk is?A.?expropriation of assets.B.?adverse change in tax rules.C.?the opposition party being elected.D.?both answers a) and b) are correct. ? 6.?Production of goods and services has become globalized to a large extent as a result of?A.?natural resources being depleted in one country after another.B.?skilled labor being highly mobile.C.?multinational corporations efforts to source inputs and locate production anywhere where costs are lower and profits higher.D.?common tastes worldwide for the same goods and services. ? 7.?Recently, financial markets have become highl