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Question
Which of the following statements is true about the global changes in political and economic systems?A.The West lost the Cold War, and East European communist ideology is now widespread.
B.A lack of deregulation has been the cause for the global financial crisis of 2008-2009, and the recession that followed.
C.It is guaranteed that democracy will thrive in most of the world's newer democratic states.
D.The multipolar world dominated by a number of civilizations of the Cold War era has vanished, and is now being replaced by a bipolar world.
E.Many of the undeveloped and impoverished national markets of eastern Europe, Latin America, Africa, and Asia are potentially enormous for international business.
Answer
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Related questions
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What is meant by translation exposure?
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B.The impact of currency exchange rate changes on the reported financial statements of a company
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Which of the following observations is true of technical analysis, an approach to exchange rate forecasting?
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Which of the following is true of the barriers to international communication?
A.Noise tends to increase the probability of effective communication.
B.Source effects can be beneficial for an international business when potential consumers in a target country have a bias against foreign firms.
C.Many international businesses try to promote positive source effects by deemphasizing their foreign origins.
D.Fewer firms vie for the attention of prospective customers in developing countries, thus the noise level is lower.
E.Research suggests that a consumer may use country of origin as a cue when evaluating a product, particularly if he or she has detailed knowledge of the product.
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According to research, when do consumers usually use the country of origin as a cue when evaluating a product?
A.When a firm tries to deemphasize its foreign origins
B.When consumers lack detailed knowledge of a product
C.When an advertising campaign stresses the positive performance attributes of a product
D.When a limited number of messages compete with each other for consumers' attention
E.When a firm resorts to personal selling instead of mass media advertising