chapter 05 mcqs 494539

The United States in the Global Economy Chapter 05   Multiple Choice Questions   1. The physical export of motorcycles from the United States to Mexico best illustrates a:  A. trade flow. B. resource flow. C. financial flow. D. technology flow.   2. The physical import of DVD players to the United States from Japan best illustrates a:  A. resource flow. B. financial flow. C. trade flow. D. technology flow.   3. The spending by Americans while traveling in Europe best illustrates a:  A. trade flow. B. labor flow. C. financial flow. D. technology flow.   4. The emigration of software designers from India to the United States best illustrates a(n):  A. trade flow. B. resource flow. C. financial flow. D. information flow.   5. The purchase by an American firm of the right to produce a prescription drug patented in Germany best illustrates a:  A. trade flow. B. capital flow. C. goods and services flow. D. technology flow.   6. The business-to-business (B2B) retrieval of prices of foreign resources via the Internet best illustrates a(n):  A. trade flow. B. capital and labor flow. C. financial flow. D. information flow.   7. The building of a production plant in China by an American firm best illustrates a(n):  A. trade flow. B. resource flow. C. financial flow. D. information flow.   8. Trade flows measure the:  A. movement of resources between nations. B. exports and imports of goods and services. C. transfer of information from one nation to another. D. transfer of money between nations.   9. Foreign currency exchanges and interest payments on foreign debt are examples of:  A. financial flows. B. trade flows. C. capital flows. D. technology flows.   10. The United States’ exports are about what percentage of U.S. GDP?  A. 4 percent B. 25 percent C. 12 percent D. 30 percent   11. Which of the following statements is correct?  A. The United States’ exports and imports are smaller absolutely, but larger as a percentage of GDP, than other nations’….