IB - Chapter 1: Globalization

10:56, 20/09/2022 IB - Chapter 1: Globalization
https://docs.google.com/forms/d/e/1FAIpQLSfSY64IKfY630oYh1t6q_ywzxhDwMkgMUZ7OfPBXWZcyMi6XA/viewscore?viewscore=AE0zAgD2cct27Jp... 1/7INFORMATION 0 of 0 pointsMAY I HAVE YOUR NAME?Nguyễn Thụy Ngọc HânTRUE / FALSE 10 of 10 points1 POINT FOR EACH QUESTION1/1TrueFalse1/1TrueFalseIB - Chapter 1: Globalization Total points 20/20MY NAME IS *Since Wally's Whistles is a medium-size business, it wouldn't benefit from globalization.Globalization of production can help companies lower their overall cost structure or improvethe quality or functionality of their product offering.

10:56, 20/09/2022 IB - Chapter 1: Globalization
https://docs.google.com/forms/d/e/1FAIpQLSfSY64IKfY630oYh1t6q_ywzxhDwMkgMUZ7OfPBXWZcyMi6XA/viewscore?viewscore=AE0zAgD2cct27Jp... 2/71/1TrueFalse1/1TrueFalseTrueFalse1/1TrueFalseOutsourcing is a process that is limited to manufacturing enterprises.The World Bank has focused on policing the world trading system and making surenation-states adhere to the rules laid down in trade treaties.When Cyprus had a financial crisis, it went to the World Bank, known as the lender of lastresort, to bail it out.One of the UN's central mandates is the promotion of higher standards of living, fullemployment, and conditions of economic and social progress and development.

10:56, 20/09/2022 IB - Chapter 1: Globalization
https://docs.google.com/forms/d/e/1FAIpQLSfSY64IKfY630oYh1t6q_ywzxhDwMkgMUZ7OfPBXWZcyMi6XA/viewscore?viewscore=AE0zAgD2cct27Jp... 3/71/1TrueFalse1/1TrueFalse1/1TrueFalse1/1TrueFalseWorld Bank gives aid of $100 million to Kenya for creating rural health care facilities. This isan example of foreign direct investment.The lowering of barriers to international trade enables firms to view the world, rather than asingle country, as their market.According to WTO data, the volume of world merchandise trade has grown faster than theworld economy since 1950A current trend in international business is the decline of medium-sized and smallmultinationals, known as mini-multinationals.