BUS 303 EXAM WITH COMPLETE SOLUTIONS 100% VERIFIED!!, Exams of Advanced Education

Download BUS 303 EXAM WITH COMPLETE SOLUTIONS 100% VERIFIED!! and more Exams Advanced Education in PDF only on Docsity!

The percentage of total global foreign direct investment that emerging and transition economies absorbed in 2011 was about: - ANSWER 27% The value of global trade flows in 2011 was about: - ANSWER 22.4 T (32% of GDP) The annual value of global foreign direct investment (FDI) is greater than global trade TIF). - ANSWER False, global trade is $22.4 T, FDI is $1.5T The value of world trade in services is larger than world trade in merchandise (T/F). - ANSWER False Most foreign direct investment (FDI) made by developed countries in developing countries is acquisitions rather than greenfield investment (T/F). - ANSWER False Which of the following intergovernmental organizations represents the global business regime that establishes rules and regulations for the field of trade? - ANSWER WTO Which adjective is LEAST descriptive of the international business environment? - ANSWER What is IB: *IB consists of business activities that cross international borders, such as: -Trade: export, import -FDI -Manufacturing -Research and Development (R&D) -Logistics Financing (Trade & spend capital)