International Business Exam 3

T/F: The majority of Sub-Saharan Africa's FDI comes from manufacturing.

False

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

In terms of oil exports as a percentage of GDP, _______ is the most oil-dependent country in the MENA region.

Iraq

South Africa's first democratically elected president was FW de Klerk Kofi Annan Nelson Mandela Jacob Zuma

Nelson Mandela

Africa's biggest oil exporter is

Nigeria

All of the following are African free-trade agreements EXCEPT CEMAC SADC PEMDAS ECOWAS

PEMDAS

Lusophone countries speak ________.

Portuguese

According to the SSA lecture, all of the following countries have had colonies in SSA EXCEPT the UK Portugal France Russia

Russia

has 25% of the world's rainforests.

SSA

is the most culturally diverse region in the world.

SSA

The largest amount of FDI inflows into Southeast Asia go to

Singapore

_________ moved from ________ to democracy in 1994. South Africa; apartheid Botswana; colonization Zambia; apartheid The DRC; colonization

South Africa; apartheid

has 75% of the world's fastest-growing cities.

Sub Saharan Africa

The two main branches of Islam are

Sunni and Shia

The stock market in Israel is known as the

TASE

An emerging market is defined as having

a faster-growing economy than high-income nations

All of the following are advantages to Indonesia as a potential foreign market EXCEPT plentiful natural resources a high old-age dependency ratio favorable demographics a stable banking system

a high old-age dependency ratio

A greenfield investment is one where a firm

buys land and builds a new location from scratch

According to the Southeast Asia PESTEL lecture, all of the following are top exports from the Philippines EXCEPT electrical machinery BPO services cars electrical appliances

cars

According to the SSA lecture, which SSA economy had the lowest growth in 2022? (Hint: Remember the definition of SSA, and which countries are—and are not—included.)

chad

All of the following are examples of the ways in which Middle Eastern countries are attempting to diversify their economies EXCEPT creating sovereign wealth funds creating new investments with Chinese and Indian oil companies focusing on international trade focusing on international tourism

creating new investments with Chinese and Indian oil companies

In Southeast Asia, during COVD, greenfield investments ______; since COVID, greenfield investments have _______.

declined; risen

All of the following are considered risks of Nigeria as a foreign market EXCEPT diversified economy operational security corruption ethnic and religious tensions

diversified economy

Thailand's top good export is

electrical machinery

All of the following are considered advantages of South Africa as a foreign market EXCEPT natural resources stable and developed financial markets exchange-rate inflexibility deep and sound banking sector

exchange-rate inflexibility

All of the following are considered advantages of Nigeria as a foreign market EXCEPT hydrocarbons supply falling oil prices mining potential Africa's largest economy

falling oil prices

Egypt's top goods export is

fossil fuels

Egypt is considered _____ risk for international businesses.

high

All of the following are examples of NTBs that hinder trade in Africa EXCEPT high tariffs high transaction costs costly licensing requirements lack of investment in trade associations

high tariffs

An accurate way to describe culture in the MENA region is

high-context

Burma/Myanmar is considered _____ risk for international businesses.

highest

According to the lecture, Southeast Asia has attracted significant FDI over the last 10 years for all the following reasons EXCEPT its strategic location favorable demographics increasing wages in China increasing government involvement

increasing government involvement

According to the SSA lecture, all of the following are core shared cultural concepts in the region EXCEPT power respect individualism formality hospitality

individualism

All of the following are disadvantages to the Philippines as a potential foreign market EXCEPT weak business environment dependence on exports the security environment its geographic location

its geographic location

According to the SSA PESTEL lecture, all of the following are considered risks of Kenya as a foreign market EXCEPT currency fluctuations large population climate change political instability

large population

Indonesia is considered _____ for international businesses.

low

All of the following are advantages to Singapore as a potential foreign market EXCEPT geographic location low foreign-exchange reserves sound macroeconomic policy high-income population

low foreign-exchange reserves

All of the following are advantages to the Philippines as a potential foreign market EXCEPT stable fiscal policy strong banking system low remittance inflows stable monetary policy

low remittance inflows

Compared with trends pre-COVID, standard of living in the MENA region is expected to be higher lower much higher about the same

lower

According to the Southeast Asia PESTEL lecture, Vietnam is considered _____ risk for international businesses.

medium

Malaysia is considered _____ risk for international businesses.

medium

Israel's top goods export is

minerals

According to the SSA PESTEL lecture, all of the following are considered advantages of Kenya as a foreign market EXCEPT expanding middle class membership in regional trade blocs relationships with international financial institutions diverse economic base

relationships with international financial institutions

According to the Southeast Asia PESTEL lecture, all of the following are shared cultural concepts throughout the region EXCEPT face restraint group harmony power respect

restraint

According to the SSA PESTEL lecture, Kenya is considered _____ risk for international businesses. low high medium sensitive

sensitive

All of the following are advantages to Vietnam as a potential foreign market EXCEPT shift toward lower value-added sectors relatively open economy relatively skilled workforce low wages

shift toward lower value-added sectors

Vietnam's top goods export is

telecom equipment

The top goods export of Burma/Myanmar is

textiles

Israel exports the most to _______ and imports the most from _______.

the US; China

According to the Southeast Asia PESTEL lecture, across the region, monetary policy is currently _____.

tightening

In _______, ASEAN signed a free-trade agreement with ______.

2003; China

On average, Southeast Asia lost about _____ percent in growth in 2020.

3

There are $____ trillion worth of green investment opportunities in the SSA region.

3

By 2025, Southeast Asia is expected to have ___ cities with a population of more than 1 million.

36

The population of Southeast Asia is approximately ___ million.

700

Of approximately ____ languages in the world, approximately _____ are from Southeast Asia.

7000; 1000

was established in 1993.

AFTA

Indonesia's top trading partner is

China

Malaysia's top trading partner is

China

The top trading partner of Burma/Myanmar is

China

Vietnam imports the most from ____ and exports the most to _____.

China, USA

Thailand imports the most from ____ and exports the most to _____.

China, the US

The Philippines imports the most from ____ and exports the most to _____.

China; USA

According to the Southeast Asia PESTEL lecture, the region's three main religions are

Christianity, Islam, and Theravada Buddhism

The first MENA country to normalize relations with Israel was

Egypt

According to the MENA lecture, all of the following nations normalized relations with Israel in 2020 EXCEPT Bahrain Morocco United Arab Emirates Jordan

Jordan

According to the SSA lecture, which SSA economy had the highest growth in 2022?

Mauritius

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

Which of the following regions depends the most heavily on the oil industry for its economic growth? Latin America Western Europe Middle East North America

Middle East