Class Reports (Scenario) Prof. Jacob Middleton Has Divided Students in His International Business

question 52

Multiple Choice

Class Reports (Scenario)
Prof. Jacob Middleton has divided students in his international business class into three groups. Each group has been assigned the task of presenting an overview of a major country group and outlining its distinguishing characteristics. Three students have been selected as group leaders: Jordan, Elaine, and Andrei. Jordan's group will discuss advanced economies, Elaine's group will address the characteristics of developing economies, and Andrei's groups will focus on emerging markets.
-Which of the following refers to a distinctive trait of the type of economy discussed by Jordan's group?

• A) minimal trade barriers
• B) low trade volume
• C) low inward FDI
• D) poor industrialization

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Definitions:

Dichotomy

A division or contrast between two things that are represented as being entirely different or opposite.

Continuum

Refers to a continuous sequence where adjacent elements are not perceptibly different from each other, but the extremes are quite distinct.

Sex-typed

Sex-typed refers to behaviors, roles, or attributes considered traditionally masculine or feminine within a cultural or societal context.

Sophisticated

Characterized by a high level of complexity, refinement, or development, often in relation to culture, taste, or technology.