Multiple Choice
Identify the choice that
best completes the statement or answers the question.
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1.
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The increase in a country’s population during
a period of time, expressed as a percentage of the population at the start of that period, is
called
a. | population growth indicator. | b. | reproduction indicator. | c. | population growth
rate. | d. | reproduction rate. | e. | population growth figure. |
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2.
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The degree of urbanization in a society is of
interest to international marketers because it represents
a. | concentrations of potential
customers. | b. | less market
communication. | c. | higher
prices. | d. | less competitors. | e. | low wages. |
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3.
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The two back-to-back bar graphs, one showing the
number of males and one showing females in a particular population in five-year age groups is
called
a. | population or age
distribution. | b. | population or age
pyramid. | c. | population or age
development. | d. | gender
pyramid. | e. | gender
distribution. |
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4.
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Which one of the following does NOT belong to the
natural resources of a country?
a. | Minerals | b. | Water and water-power | c. | Technology | d. | Oil | e. | Coal or
gas |
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5.
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Topography may also have a negative consequence for
a country’s economy as well as for international marketing because of the impact on
the
a. | cost for single sourcing. | b. | cost and ease of distributing an international marketer’s
products. | c. | cost for know how
development. | d. | cost for product
development. | e. | cost for market
communication. |
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6.
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In using resources from the natural environment of
a country market for their business purposes on long terms, international marketers need to take care
of the
a. | adequate infrastructure. | b. | adequate communication. | c. | attractiveness of
their activities. | d. | profitability of
their activities. | e. | sustainability of
their activities. |
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7.
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The commercial infrastructure of a country market
relevant to an international marketer does NOT contain
a. | the Incoterms. | b. | the available distribution channels. | c. | market research. | d. | market
communication agencies. | e. | logistics service
providers. |
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8.
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In industrially developing countries, a special
sector is characterized by a large number of small-scale production and service activities that are
individually or family-owned and use labor-intensive and simple technology. This sector is called
the
a. | informal sector. | b. | formal sector. | c. | relevant
sector. | d. | irrelevant sector. | e. | family sector. |
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9.
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CIS is the abbreviation for
a. | Center for Information and
Services. | b. | Community of Independent
States. | c. | Commonwealth of Independent
States. | d. | Computer Information System. | e. | Club of Independent States. |
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10.
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A currency that can be freely and legally exchanged
for another currency (and or gold) without special authorization from the central bank is
called
a. | free floating currency. | b. | convertible currency. | c. | consistent
currency. | d. | exchangeable currency. | e. | stable currency. |
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11.
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What is difference between terms GNP and
GNI?
a. | GNI = GNP minus depths | b. | GNP = GNI minus depths | c. | GNP = GNI plus
GDP | d. | GNP = GNI minus GDP | e. | none |
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12.
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The notion that a basket identical of traded
products should cost the same in all countries is based on the theory of
a. | purchasing power equivalence. | b. | currency parity. | c. | comparative
cost. | d. | comparative purchasing power. | e. | purchasing power parity. |
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13.
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The account that records all the economic
transactions that take place between a country and other countries over a period of time
is
a. | the balance of payments. | b. | the balance of trade. | c. | the parity of
payments. | d. | the parity of trade. | e. | payment account. |
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14.
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An increase in prices in an economy that results in
a decline in real purchasing power for customers in that economy is called
a. | inflation. | b. | deflation. | c. | recession. | d. | depression. | e. | regression. |
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15.
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Which of the following banks and funds is NOT an
important institution in funding investment needed for economic development?
a. | European Bank for Reconstruction and
Development | b. | Inter-American
Development Bank | c. | Development Bank
and Fund Trust | d. | Islamic
Development Bank | e. | World
Bank |
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