Week 5 quiz 4 chapters 6-7
This quiz consist of 30 multiple choice questions. The first 15 questions cover the material in
Chapter 6. The second 15 questions cover the material in Chapter 7. Be sure you are in the
cor
...
Week 5 quiz 4 chapters 6-7
This quiz consist of 30 multiple choice questions. The first 15 questions cover the material in
Chapter 6. The second 15 questions cover the material in Chapter 7. Be sure you are in the
correct Chapter when you take the quiz.
Question 1 .5 out of 5 points
Correct A society where economic power is concentrated in the hands of government officials
and political authorities is called:
Answer
Selected Answer: A central state control system.
Correct Answer: A central state control system.
. Question 2 .5 out of 5 points
Correct Single-party rule by communist parties still remains in:
Answer
Selected Answer: Vietnam.
Correct Answer: Vietnam.
. Question 3 .5 out of 5 points
Correct An example of a Global Action Network, or GAN, is:
Answer
Selected Answer: The Kimberley Process.
Correct Answer: The Kimberley Process.
. Question 4 .5 out of 5 points
Correct Global market channels involve a firm producing goods in:
Answer
Selected Answer: Their home country and exporting them to other countries.
Correct Answer: Their home country and exporting them to other countries.
. Question 5 .5 out of 5 points
Correct A firm that would like to develop a global supply chain would:
Answer
Selected Answer: Purchase raw materials, components, or supplies from sellers in other
countries.
Correct Answer: Purchase raw materials, components, or supplies from sellers in other
countries.
. Question 6 .5 out of 5 points
Correct The purpose of the World Trade Organization is to:
Answer
Selected Answer: Eliminate barriers to free trade among nations.
Correct Answer: Eliminate barriers to free trade among nations.
. Question 7 .5 out of 5 points
Correct The term “race to the bottom” refers to:
Answer
Selected Answer: Moving production jobs to the country with the lowest labor cost.
Correct Answer: Moving production jobs to the country with the lowest labor cost.
. Question 8 .5 out of 5 points
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