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