GEB3373 Exam 3
The population of Southeast Asia is approximately ___ billion.
.5
About ____ of India's population is online.
1/2
Vietnam started reforming its economy in the
1980s
Most countries in Latin America gained independence in the ____ century.
19th
South Africa joined the BRICS for the first time in
2011
India's has a statutory corporate tax rate of about ___ percent.
25
US President ________ normalized trade relations with Vietnam in the ____.
Clinton; 1990s
The first MENA country to normalize relations with Israel was
Egypt
According to the Southeast Asia PESTEL lecture, _____ currently operates a factory in _____.
Intel; Vietnam
In what region does a history of conflict and political instability, as well as current unrest, increase the risk of doing business there?
Middle East
In Burma/Myanmar, the minority Rohingya _____ have been persecuted.
Muslims
South Africa's first democratically elected president was
Nelson Mandela
Africa's biggest oil exporter is
Nigeria
Lusophone countries speak ________.
Portuguese
________ is the most culturally diverse region in the world.
SSA
Most FDI inflows into Southeast Asia go to
Singapore, Indonesia, and Vietnam
According to the RMPF lecture, ______ has the largest and most active capital market in the SSA region.
South Africa
According to the SSA lecture, which SSA economy lost the most growth during COVID?
South Africa
The uprisings across the MENA region in 2011 are collectively known as the Arab
Spring
Ethiopia exports the most to _______ and imports the most from _______.
Sudan; China
In ____ and _____ civil war is ongoing.
Syria; Yemen
The stock market in Saudi Arabia is known as the
Tadawul
According to the SSA lecture, which SSA economy grew the most during COVID?
Tanzania
India's current GDP is near $ ____ trillion.
3
Suppose Country X has a Gini coefficient of 0.1. What does this mean?
A large number of people earn a large proportion of the income in the country
According to the SSA PESTEL lecture, Kenya's next election is scheduled for
August 2022
One of the main reasons it has been considered risky to conduct business in the Middle East is
The region's history of conflict and political unrest
The current ruling party of India is the
BJP
Brazil imports the most from ____ and exports the most to _____.
China; China
Saudi Arabia exports the most to _______ and imports the most from _______.
China; China
Thailand imports the most from ____ and exports the most to _____.
China; the US
According to the SSA lecture, the majority of the population in the region practice
Christianity
T/F At the beginning of the financial crisis of 2007-2008, compared with conventional, Western banks, Islamic banks experienced only minor profit losses, and credit and asset growth remained strong.
True
Kenya exports the most to _______ and imports the most from _______.
Uganda; China
The Doha Round refers to
WTO trade negotiations
_______ is the very conservative type of Islam practiced in Saudi Arabia.
Wahhabism
An emerging market is defined as having
a faster-growing economy than high-income nations
According to the India PESTEL lecture, which of the following gestures may confuse Americans?
a head shake
According to the SSA lecture, which of the following is one of Africa's biggest economies? a. Angola b. Gabon c. Tanzania d. Zimbabwe
a. Angola
According to the SSA lecture, all of the following countries have had colonies in SSA EXCEPT a. Russia b. the UK c. France d. Portugal
a. Russia
Which of the following is an example of a political union/full integration? a. United States b. NAFTA c. European Union d. MERCOSUR
a. United States
All of the following are disadvantages to the Philippines as a potential foreign market EXCEPT a. income equality b. dependence on exports c. weak business environment d. the country's "War on Drugs"
a. income equality
All of the following are disadvantages to Argentina as a potential foreign market EXCEPT a. low inflation b. government debt default c. weak institutions d. dependent on agriculture
a. low inflation
All of the following are main sectors in India that attract FDI inflows EXCEPT
agriculture
Which of the following countries is NOT a member of MERCOSUR? a. Argentina b. Chile c. Brazil d. Venezuela
b. Chile
Which of the following emerging markets have experienced low currency volatility during COVID? a. Turkey b. India c. Brazil d. all of these
b. India
All of the following are African free-trade agreements EXCEPT a. SADC b. PEMDAS c. CEMAC d. ECOWAS
b. PEMDAS
According to the Latin America lecture, all of the following are top exports from Colombia EXCEPT a. coffee b. cars c. petroleum d. coal
b. cars
According to the lecture, Southeast Asia has attracted significant FDI over the last 10 years for all the following reasons EXCEPT a. its strategic location b. increasing government involvement c. increasing wages in China d. favorable demographics
b. increasing government involvement
According to the MENA lecture, all of the following are considered advantages of Egypt as a foreign market EXCEPT a. adequate foreign reserves b. internal debt repayments c. financial reforms d. geostrategic location
b. internal debt repayments
According to the SSA PESTEL lecture, all of the following are considered advantages of Ethiopia as a foreign market EXCEPT a. partnership with China b. low FDI inflows c. large population d. fast growth
b. low FDI inflows
All of the following are disadvantages to Brazil as a potential foreign market EXCEPT a. high taxes b. low production costs c. inequality d. large deficits
b. low production costs
All of the following are advantages to the Philippines as a potential foreign market EXCEPT a. stable fiscal policy b. low remittance inflows c. stable monetary policy d. strong banking system
b. low remittance inflows
All of the following are members of the Quad EXCEPT a. Australia b. India c. China d. Japan
c. China
According to the Southeast Asia PESTEL lecture, all of the following are top exports from the Philippines EXCEPT a. electrical machinery b. electrical appliances c. cars d. BPO services
c. cars
All of the following are considered risks of Saudi Arabia as a foreign market EXCEPT a. potential for religious conflict b. high unemployment c. enduring regional stability d. oil dependence
c. enduring regional stability
All of the following are considered advantages of Nigeria as a foreign market EXCEPT a. hydrocarbons supply b. natural gas reserves c. falling oil prices d. Africa's largest economy
c. falling oil prices
Which of the following countries will fully regain COVID-induced economic losses by 2022? a. Venezuela b. Ecuador c. none of these d. Bolivia
c. none of these
According to the SSA PESTEL lecture, all of the following are considered advantages of Kenya as a foreign market EXCEPT a. location on the continent b. large population c. relationships with international financial institutions d. vibrant tourism sector
c. relationships with international financial institutions
Indian culture is much more _____ than US culture.
communal
According to the Southeast Asia PESTEL lecture, all of the following are considered the largest cities in the region EXCEPT a. Manila b. Jakarta c. Bangkok d. Hanoi
d. Hanoi
According to the MENA lecture, all of the following nations normalized relations with Israel in 2020 EXCEPT a. Bahrain b. United Arab Emirates c. Morocco d. Jordan
d. Jordan
All of the following are BRICS nations EXCEPT a. Brazil b. Russia c. China d. Singapore
d. Singapore
India's ban on large bills was designed to a. decrease corruption b. increase tax compliance c. decrease the money supply d. all of these
d. all of these
According to the Southeast Asia PESTEL lecture, all of the following are top exports from the Philippines EXCEPT a. BPO services b. electrical appliances c. electrical machinery d. cars
d. cars
All of the following are considered risks of Nigeria as a foreign market EXCEPT a. ethic and religious tensions b. corruption c. operational security d. diversified economy
d. diversified economy
Which of the following is cited as one of the causes of the 1997 Asian Currency Crisis? a. significant capital outflows b. an extended period of financial stability c. a coup in Thailand d. increasing trade deficits
d. increasing trade deficits
According to the SSA PESTEL lecture, all of the following are considered risks of Ethiopia as a foreign market EXCEPT a. human rights abuses b. government deficits c. its location on the continent d. lessening aid dependence
d. lessening aid dependence
According to the SSA PESTEL lecture, all of the following are considered advantages of Ethiopia as a foreign market EXCEPT a. large population b. fast growth c. partnership with China d. low FDI inflows
d. low FDI inflows
The economy of sub-Saharan Africa depends largely on all of the following EXCEPT a. agriculture b. minerals c. oil d. manufacturing
d. manufacturing
All of the following are considered advantages of Saudi Arabia as a foreign market EXCEPT a. trade surplus b. oil supply c. relations with the US d. minimal foreign reserves
d. minimal foreign reserves
All of the following are considered advantages of the UAE as a foreign market EXCEPT a. natural resources b. strong financial industry c. trade surplus d. peaceful elections for the head of state
d. peaceful elections for the head of state
According to the Southeast Asia PESTEL lecture, all of the following are shared cultural concepts throughout the region EXCEPT a. group harmony b. power respect c. face d. restraint
d. restraint
All of the following are advantages to Thailand as a potential foreign market EXCEPT a. geographic location b. diversified economy c. manageable public debt d. tensions with China
d. tensions with China
Inflation in the MENA region is forecasted to ________ over the next five years.
decline
Based on the Kuznets Curve, ____ is the most important factor that impacts environmental degradation in a country.
economic growth
Singapore's top goods export is
electrical machinery
Malaysia's top goods export is
electrical machinery and appliances
T/F The majority of Africa's GDP comes from manufacturing.
false
According to the Latin America lecture, a potential advantage of Venezuela as a foreign market is its
geographical location
According to the India PESTEL lecture, a person's social status is most likely to be conferred by
group membership
According to the Southeast Asia PESTEL, the value of Malaysia's external debt denominated in foreign currency is equal to about _____ the size of the country's GDP.
half
An accurate way to describe culture in the MENA region is
high-context
According to the SSA lecture, ________ is the best way to describe cultures in SSA.
higher-context
In 2020, FDI inflows into India ____ by almost ___ percent.
increased; 30
Burma/Myanmar is currently run by the
military
Israel's top goods export is
minerals
In Indian culture, saying ___ is considered very rude.
no
Indian culture is much more _____ than US culture.
power-respecting
According to the MENA lecture, ___________ has/have aided Israel's economic recovery from the COVID pandemic.
rapid vaccine and booster rollouts
What kind of legal system is found in Saudi Arabia?
religious law
India's currency is the
rupee
According to the India PESTEL lecture, unemployment is especially a problem in
rural areas
According to the SSA PESTEL lecture, Kenya is considered _____ risk for international businesses.
sensitive
Nigeria is considered _____ risk for international businesses.
sensitive
South Africa is considered _____ risk for international businesses.
sensitive
In the MENA lecture, what personal product was used as an example of how religion affects marketing campaigns?
shampoo
The value of India's currency is determined by
supply and demand
Vietnam's top goods export is
telecom equipment
The top goods export of Burma/Myanmar is
textiles
India's legal system has been heavily influenced by
the UK
Israel exports the most to _______ and imports the most from _______.
the US; China
Venezuela imports the most from ____ and exports the most to _____.
the US; India
Colombia imports the most from ____ and exports the most to _____.
the US; the US
T/F According to the Latin America RMPF lecture, the region is not known as a strong base of manufacturing compared with other regions in the world.
true
T/F The 1997 Asian currency crisis affected more than just Asian countries.
true
According to the India PESTEL lecture, tariff rates in India have traditionally been
volatile
During COVID, GDP growth in the MENA region fell by almost _____ percent.
4
According to the India PESTEL lecture, almost ___ percent of public service users paid a bribe in the last year.
40
Almost ____ languages are spoken in Latin America today.
400
According to the SSA lecture, removing trade barriers across the continent of Africa could increase regional income by $_____ billion.
450
India is the world's _____ emitter of carbon dioxide.
4th largest
According to the India PESTEL lecture, ___ percent of India's GDP comes from the ___ sector.
55; services
Argentina is the number ___ global exporter of ____.
5; wine
Latin America grew by approximately ___ percent in 2021 and is expected to grow by about ____ in 2022.
6; 3
About ___ percent of Southeast Asia's population lives in ____ areas.
75; rural
According to the World Justice Project Rule of Law Index, India ranks
79
By how much is India expected to grow in 2022?
8.5%
In the MENA region, ______ percent of Muslims are ____.
80-90; Sunni
During COVID, India's economic growth fell by __ percent.
9
____ percent of India's international trade volume is transported via _____.
90; water
According to an infographic in the MENA lecture, ____ percent of countries in the region restrict the type of jobs women can do.
93
AFTA stands for the _____ Free Trade Area.
ASEAN
Which Asian trade bloc was created partly in response to the threat of Communism in the late 1960s?
ASEAN
France previously colonized and controlled ______ in the MENA region.
Algeria, Morocco, and Tunisia
The lowest inflation rate in Latin American can currently be found in
Bolivia
According to the Latin America RMPF lecture, _____ has had the most active stock exchange in the region; _____'s stock exchange has the highest market capitalization.
Brazil; Brazil
According to the MENA lecture, the root cause of slow post-COVID growth in the MENA region is
COVID
The main religion practiced in Latin America is
Catholicism
According to the India PESTEL lecture the Quad is designed to deal with security issues involving
China
According to the SSA lecture, the country of ______ has made a concerted effort to expand its political and economic influence in Africa in recent years.
China
According to the Southeast Asia PESTEL lecture, significant minority population from ______ can be found in countries around the region.
China
The top trading partner of Burma/Myanmar is
China
______ is an African economic initiative that also has a military mandate.
ECOWAS
According to the Southeast Asia PESTEL lecture, Singapore is similar ________ as a center for banking and technology.
Hong Kong
According to the Southeast Asia PESTEL lecture, significant minority population from ______ can be found in countries around the region.
India
According to the RMPF lecture, to distribute its products successfully in SSA, Coca-Cola uses
local microdistributors
According to the Southeast Asia PESTEL lecture, across the region, monetary policy is currently _____ and fiscal policy is currently ____.
loose; loose
Israel is considered _____ risk for international businesses.
low
Compared with trends pre-COVID, growth in the MENA region is expected to be
lower
Egypt is considered _____ risk for international businesses.
medium
Malaysia is considered _____ risk for international businesses.
medium
The UAE is considered _____ risk for international businesses.
medium
Indonesia is considered _____ for international businesses.
medium risk
According to the PESTEL lecture, Singapore is considered _____ risk for international businesses.
medium-low
South Africa's top export is
metal materials
The top goods export of Indonesia is
oils and fats
India recently imposed export controls on ____ due to ____.
onions; flooding
According to Freedom House, most countries in SSA West Africa are rated ______; most in East Africa are rated ______.
partly free; partly free
According to the India PESTEL lecture, in Indian business culture, ______ are very important.
personal relationships
Egypt's top goods export is
petroleum
Saudi Arabia's top export is
petroleum
The UAE's top goods export is
petroleum
According to the India PESTEL lecture, IP rights in India are limited in the area of
pharmaceuticals
____ is/are considered a weakness/weaknesses of Indonesia as a foreign market.
poor infrastructure
In terms of FDI in the MENA region, "the three T's" refer to
trade, transport, and tourism
According to the India PESTEL lecture, _______ caused India's FDI inflows to _____ in 2020.
the need for supply-chain diversification; increase