Questions:
1. Information on foreign countries, including their economic environment, their political environment, and their geography, can easily be found in several publications. Which is NOT one of the organizations that publishes background information on countries? The Economist's Intelligence Unit
The Central Intelligence Agency
The U.S. Department of Commerce
The United Nations' UNICEF
None of the above
Question 2. 2. Many of the developing countries of the world experience traffic gridlock.
True
False
Question 3. 3. World trade in services represent a higher percentage of total world trade than does world trade in merchandise.
True
False
Question 4. 4. A company that has to make large capital outlays before starting production will want to export in order to spread its costs over a large number of units produced.
True
False
Question 5. 5. The cost of air cargo shipments decreased after the deregulation of the 1980s.
True
False
Question 6. 6. The single, most important development in international ocean shipping was the creation of containers.
True
False
Question 7. 7. The euro has replaced the currencies of all of the countries of the European Union.
True
False
Question 8. 8. The common currency of most of the countries of the European Union is called:
the euro-dollar.
the european currency unit (E.C.U.).
the thaler.
the euro.
None of the above
Question 9. 9. On occasion, a firm will respond to a competitor's move by retaliating. For example, Linde Gas (an American firm producing industrial gasses) entered the French market when Air Liquide (a French company in the same industry) decided to enter the U.S. market. Such a move is considered a:
cost driver.
competitive driver.
technology driver.
market driver.
None of the above
Question 10. 10. Which one was NOT one of the characteristics of the "early days" of logistics?
An emphasis on making sure that the goods arrived in good condition
An emphasis on low-cost transportation
Long transit times
An emphasis on customer satisfaction
None of the above