Articles

Question 1

Glut of Chinese Goods Pinches Global Economy article

T/F Low wages (a Factor condition) have given Chines firms a competitive advantage in manufacturing.

Answer 1

True

Question 2

Glut of Chinese Goods Pinches Global Economy article

T/F China’s advantage in tires is based on its large supply of native rubber tree forests.

Answer 2

False

Question 3

Glut of Chinese Goods Pinches Global Economy article

T/F China’s low cost production has created a boom in which all its manufacturers are thriving.

Answer 3

False

Question 4

Glut of Chinese Goods Pinches Global Economy article

T/F Deflationary pressures create lower prices for consumers, but can lead producers into bankruptcy.

Answer 4

True

Question 5

Glut of Chinese Goods Pinches Global Economy article
T/F Government programs to help struggling domestic firms can result in trade barriers in importing countries, which then hurts these same firms.

Answer 5

True

Question 6

German Firms Seed Web Shopping in the Developing World article
T/F German firms tend to be stronger on innovation and US firms stronger on operations.

Answer 6

False

Question 7

German Firms Seed Web Shopping in the Developing World article
T/F To be successful overall in developing markets, firms must cut losses quickly when sales and profit targets are not met.

Answer 7

True

Question 8

German Firms Seed Web Shopping in the Developing World article
T/F The process and export focus of the German economy provides advantages in developing countries.

Answer 8

True

Question 9

German Firms Seed Web Shopping in the Developing World article
T/F Payment and distribution systems are identical in developed and developing countries.

Answer 9

False

Question 10

German Firms Seed Web Shopping in the Developing World article
T/F US firms Amazon and eBay dominate eCommerce in the developing world.

Answer 10

False

Question 11

US Retailers Learn to Speak Canadian article

T/F Consumer fashion tastes are identical in the US and Canada

Answer 11

False

Question 12

US Retailers Learn to Speak Canadian article

T/F Canadian male business executives are reluctant to buy tailored suits from department stores.

Answer 12

True

Question 13

US Retailers Learn to Speak Canadian article

T/F Canadian luxury retailers are thriving in current market conditions.

Answer 13

False

Question 14

US Retailers Learn to Speak Canadian article

T/F Target’s mistake in Canada was to set prices too low, which resulted in consumer perceptions of low product quality.

Answer 14

False

Question 15

US Retailers Learn to Speak Canadian article
T/F Luxury retailers from the US are entering the Canadian market at a time when households in that country have accumulated high levels of consumer debt.

Answer 15

True

Question 16

The Anit-Poverty Experiment article

T/F Large governmental infrastructure projects have proven to be the best way to reduce poverty.

Answer 16

False

Question 17

The Anit-Poverty Experiment article

T/F Randomistas are committed to finding successful anti-poverty strategies through randomized trials.

Answer 17

True

Question 18

The Anit-Poverty Experiment article
T/F Small scale programs with proper incentives have proven successful in improving the living conditions of poor families.

Answer 18

True

Question 19

The Anit-Poverty Experiment article

T/F Game and lottery rewards have been identified as positive motivators for better economic behaviors.

Answer 19

True

Question 20

The Anit-Poverty Experiment article

T/F Generally, consumers are more willing to save than spend.

Answer 20

False

Question 21

The Anit-Poverty Experiment article

T/F Consumers often need extra incentives to make decisions that are in their best interest.

Answer 21

True

Question 22

The Anit-Poverty Experiment article

T/F Data-driven anti-poverty strategies have been successful in both developed and developing countries.

Answer 22

False

Question 23

Emerging Markets Slowdown Hurts European Consumer Goods Sector article
T/F European firms in this sector have experienced little growth in EU and US markets.

Answer 23

True

Question 24

Emerging Markets Slowdown Hurts European Consumer Goods Sector article
T/F Only luxury brands have experienced slumping sales in China.

Answer 24

False

Question 25

Emerging Markets Slowdown Hurts European Consumer Goods Sector article
T/F Nestle and other European firms had hoped that China and Brazil would provide sales growth.

Answer 25

True

Question 26

Emerging Markets Slowdown Hurts European Consumer Goods Sector article
T/F Though lower than expected, sales growth in emerging markets is higher than in European and US markets.

Answer 26

True

Question 27

Emerging Markets Slowdown Hurts European Consumer Goods Sector article
T/F Banks have suffered greater revenue declines than consumer goods companies have.

Answer 27

False