Chin-Mae Belongs to a Culture That Values the Subordination of Individuals

question 85

Multiple Choice

Chin-Mae belongs to a culture that values the subordination of individuals to the group. The national culture also values personal stability and doesn't focus on the future. According to Hofstede, what is true about Chin-Mae's culture?

• A)It is high on individualism and has a long-term orientation.
• B)It is low on collectivism and has a long-term orientation.
• C)It is high on individualism and has a short-term orientation.
• D)It is high on collectivism and has a short-term orientation.
• E)It is low on collectivism and has a short-term orientation.

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Definitions:

Net Exports

The value of a country's total exports minus its total imports, representing the trade balance within a specific period.

Tariffs

Taxes or duties imposed on imported goods to make them more expensive compared to domestic goods, often used to protect local industries.

Trade Balance

The difference in value between a country's imports and its exports; a surplus indicates more exports than imports, and a deficit the opposite.

Currency

The paper bills and coins in the hands of the public.