International marketing
MKTG 680-01: International Marketing, Spring 2006
Exam I Review Questions
•
•
NOTE: THESE QUESTIONS ARE ILLUSTRATIVE. IN ADDITION TO STUDYING THIS SET, YOU SHOULD
ALSO CONSULT THE RELEVANT CHAPTERS OF YOUR TEXT AND YOUR LECTURES NOTES.
REVIEW THIS SET AND FEEL FREE TO DISCUSS WITH ME, SHOULD YOU HAVE ANY QUESTIONS OR
CONCERNS.
Chapter 3 – The Global Trade Environment
1.
a.
b.
c.
d.
e.
Which of the following is the abbreviation for a proposed trade initiative between the U.S. and Central and South America:
EFTA
NAFTA
FTAA
ASEAN
EEA
2.
a.
b.
c.
d.
Which of the following statements is true about the World Trade Organization: it is the successor to the IMF it is the successor to GATT it is the successor to NAFTA it is the successor to the EU
3.
The form of economic cooperation that calls for 1) eliminating internal barriers to trade and 2) establishing common external barriers is known as a(n) _____________ . economic union free trade area common market customs union
a.
b.
c.
d.
4.
a.
b.
c.
d.
A new bilateral agreement between the European Union and Turkey will eliminate internal trade barriers and establish common external tariffs. This arrangement is a(n): free trade area customs union common market economic union
5.
a.
b.
c.
d.
The United States, Canada, and Mexico participate in a form of economic cooperation known as a(n): free trade area customs union common market economic union
6.
a.
b.
c.
d.
e.
Which of the following countries ranks number 1 in terms of two-way trade with the United States:
Japan
Mexico
Germany
China
Canada
7.
a.
b.
c.
d.
Mercosur would best be described as a(n): free trade area that’s evolving into a customs union customs union that’s evolving into a common market common market that's evolving into an economic union economic union
8.
a.
b.
c.
d.
e.
The proper name of the economic cooperation group that consists
Exam I Review Questions
•
•
NOTE: THESE QUESTIONS ARE ILLUSTRATIVE. IN ADDITION TO STUDYING THIS SET, YOU SHOULD
ALSO CONSULT THE RELEVANT CHAPTERS OF YOUR TEXT AND YOUR LECTURES NOTES.
REVIEW THIS SET AND FEEL FREE TO DISCUSS WITH ME, SHOULD YOU HAVE ANY QUESTIONS OR
CONCERNS.
Chapter 3 – The Global Trade Environment
1.
a.
b.
c.
d.
e.
Which of the following is the abbreviation for a proposed trade initiative between the U.S. and Central and South America:
EFTA
NAFTA
FTAA
ASEAN
EEA
2.
a.
b.
c.
d.
Which of the following statements is true about the World Trade Organization: it is the successor to the IMF it is the successor to GATT it is the successor to NAFTA it is the successor to the EU
3.
The form of economic cooperation that calls for 1) eliminating internal barriers to trade and 2) establishing common external barriers is known as a(n) _____________ . economic union free trade area common market customs union
a.
b.
c.
d.
4.
a.
b.
c.
d.
A new bilateral agreement between the European Union and Turkey will eliminate internal trade barriers and establish common external tariffs. This arrangement is a(n): free trade area customs union common market economic union
5.
a.
b.
c.
d.
The United States, Canada, and Mexico participate in a form of economic cooperation known as a(n): free trade area customs union common market economic union
6.
a.
b.
c.
d.
e.
Which of the following countries ranks number 1 in terms of two-way trade with the United States:
Japan
Mexico
Germany
China
Canada
7.
a.
b.
c.
d.
Mercosur would best be described as a(n): free trade area that’s evolving into a customs union customs union that’s evolving into a common market common market that's evolving into an economic union economic union
8.
a.
b.
c.
d.
e.
The proper name of the economic cooperation group that consists