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

South Africa joined the BRICS for the first time in

2011

India's has a statutory corporate tax rate of about ___ percent.

25

India's current GDP is near $ ____ trillion.

3

According to the India PESTEL lecture, almost ___ percent of public service users paid a bribe in the last year.

40

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

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%

During COVID, India's economic growth fell by __ percent.

9

____ percent of India's international trade volume is transported via _____.

90; water

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

The current ruling party of India is the

BJP

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

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

US President ________ normalized trade relations with Vietnam in the ____.

Clinton; 1990s

______ 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 Southeast Asia PESTEL lecture, _____ currently operates a factory in _____.

Intel; Vietnam

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

According to the SSA lecture, which SSA economy grew the most during COVID?

Tanzania

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

Uganda; China

The Doha Round refers to

WTO trade negotiations

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

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 main sectors in India that attract FDI inflows EXCEPT

agriculture

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 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 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 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 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

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

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

The economy of sub-Saharan Africa depends largely on all of the following EXCEPT a. agriculture b. minerals c. oil d. manufacturing

d. manufacturing

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

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 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

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

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

Malaysia 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

Burma/Myanmar is currently run by the

military

In Indian culture, saying ___ is considered very rude.

no

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

Saudi Arabia's top 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

Indian culture is much more _____ than US culture.

power-respecting

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

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

According to the India PESTEL lecture, _______ caused India's FDI inflows to _____ in 2020.

the need for supply-chain diversification; increase

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