Articles Flashcards
Glut of Chinese Goods Pinches Global Economy article
T/F Low wages (a Factor condition) have given Chines firms a competitive advantage in manufacturing.
True
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.
False
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.
False
Glut of Chinese Goods Pinches Global Economy article
T/F Deflationary pressures create lower prices for consumers, but can lead producers into bankruptcy.
True
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.
True
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.
False
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.
True
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.
True
German Firms Seed Web Shopping in the Developing World article
T/F Payment and distribution systems are identical in developed and developing countries.
False
German Firms Seed Web Shopping in the Developing World article
T/F US firms Amazon and eBay dominate eCommerce in the developing world.
False
US Retailers Learn to Speak Canadian article
T/F Consumer fashion tastes are identical in the US and Canada
False
US Retailers Learn to Speak Canadian article
T/F Canadian male business executives are reluctant to buy tailored suits from department stores.
True
US Retailers Learn to Speak Canadian article
T/F Canadian luxury retailers are thriving in current market conditions.
False
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.
False
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.
True
The Anit-Poverty Experiment article
T/F Large governmental infrastructure projects have proven to be the best way to reduce poverty.
False
The Anit-Poverty Experiment article
T/F Randomistas are committed to finding successful anti-poverty strategies through randomized trials.
True
The Anit-Poverty Experiment article
T/F Small scale programs with proper incentives have proven successful in improving the living conditions of poor families.
True
The Anit-Poverty Experiment article
T/F Game and lottery rewards have been identified as positive motivators for better economic behaviors.
True
The Anit-Poverty Experiment article
T/F Generally, consumers are more willing to save than spend.
False
The Anit-Poverty Experiment article
T/F Consumers often need extra incentives to make decisions that are in their best interest.
True
The Anit-Poverty Experiment article
T/F Data-driven anti-poverty strategies have been successful in both developed and developing countries.
False
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.
True
Emerging Markets Slowdown Hurts European Consumer Goods Sector article
T/F Only luxury brands have experienced slumping sales in China.
False
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.
True
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.
True
Emerging Markets Slowdown Hurts European Consumer Goods Sector article
T/F Banks have suffered greater revenue declines than consumer goods companies have.
False
