61) Which two companies are sourcing product components from small-scale enterprises, which in turn are helping preserve old-growth forests as well as economic opportunities in Brazil?
A) Ford Motor Company and Armani
B) Daimler AG and Hermes
C) General Motors and Hugo Boss
D) Volkswagen and Coach
E) Coca-Cola and Nestlé
62) Product and market opportunities in a postindustrial society are more heavily dependent upon new products and innovations than in industrial societies. An example of this would be:
A) Nestlé marketing Bono brand cookies in Brazil.
B) Coca-Cola Company developing a beverage Vintago in low-income countries.
C) New e-commerce markets for interactive forms of electronic communication.
D) Hermes creating handbags called Amazonia.
E) India’s Suzlon Energy using wind-driven turbines.
63) Which country was upgraded from “emerging” to “developed” status by the Financial Times Stock Exchange (FTSE) in 2009?
A) United States
B) South Korea
C) Britain
D) Italy
E) Malaysia
64) The Organization for Economic Cooperation and Development (OECD) is comprised of:
A) the 34 high-income countries.
B) countries that believe in market-allocation economic systems.
C) pluralistic democracies.
D) countries that demonstrate progress toward economic reform.
E) All of the above statements are applicable.
65) The term “Expanded Triad” includes all of the following countries or regions except:
A) Japan.
B) United States.
C) Canada.
D) Mexico.
E) Russia.
66) Recently, the Organization for Economic Cooperation and Development (OECD) has become more focused on global issues, social policy, and labor market regulations as seen by:
A) addressing the vexing problem of bribery.
B) requiring members to cooperate when pursuing bribery allegations.
C) helping members candidly assess their own economic policies.
D) member nations working together in committees to review social policies.
E) all of the above
67) Which of the following is true about the Triad?
A) Triad countries account for approximately one-third of world income and one- third of world population.
B) Triad countries account for approximately 75% of world income as measured by GNP.
C) Triad countries are those in which consumer products, industrial products, and the services sector each contribute one-third to GDP.
D) Triad countries account for approximately 25% of world income as measured by GNP.
E) Triad countries account for approximately 50% of world income as measured by the World Bank.
68) Which of the following statements is not accurate?
A) India’s teledensity—a measure of ownership of private telephones—is only 20% of population.
B) In China, saturation levels of private motor vehicles and personal computers (PCs) are quite low.
C) In 2001, EU had 49 cars per 100 people.
D) In Russia, 200 people out of 1,000 own cars.
E) In India, 150 people out of 1,000 own cars.
69) The “balance of payments” is a record of all economic transactions between the residents of a country and the rest of the world. It is divided into the current and capital accounts. Current accounts include all of the following except:
A) balance on goods.
B) portfolio investments.
C) balance on services.
D) goods imports.
E) goods exports.
70) Measuring elevator populations in countries measured as units installed per thousand people gives an estimate of the market for elevators. That China has about one half an elevator per thousand people is indicative of:
A) low product saturation level.
B) high product saturation level.
C) high population level.
D) high technological level.
E) low technological level.
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