Becoming a Leader

Question 1

Poverty reduction is the main goal of the

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World Bank.

Question 2

A multinational corporation is a company that

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operates branches in more than one country.

Question 3

International economic organizations try to help the global economy by

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managing competition between nations.

Question 4

A company with technical support staff in another country mostly benefits from changes to

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communications.

Question 5

What happened after bank lending slowed in the United States in the mid-2000s?

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US and global stock markets collapsed.

Question 6

The main reason the US automotive industry survived the financial crisis of 2008 was that it

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received government loans.

Question 7

Which two auto companies received help from the US government during the crisis of 2008?

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GM and Chrysler

Question 8

What would most Americans see as a disadvantage of globalization?

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Jobs move to cheaper labor markets.

Question 9

To receive a loan from the IMF, a country must

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agree to make economic reforms.

Question 10

Which statement best describes the relationship between United States and other countries in the global economy during the financial crisis of 2008?

Revolt · Accepted Answer

A crisis in the United States spread to other countries because of a global financial industry.

Becoming a Leader Answers