Solved by verified expert :41. According
to your textbook, between 1930 and 1990, the cost of a three-minute phone call
between New York and London fell from $244.65 to $3.32. This decrease can be
mainly contributed to
A. open
communication between governments.
B. the
advent of the microprocessor.
C. continuing
efforts to globalize.
D. high
corporate ethical standards.
E. the
deregulation of the telecommunications industry
42. As of
September 2009 there are over _______ million Internet users in Canada.
A. 230
B. 458
C. 59
D. 25
E. 19
43. According
to our textbook, by the year 2007 online sales hit almost ____________ in
Canada.
A. $1
billion
B. $16
billion
C. $63
billion
D. $350
million
E. $591
million
44. The
greatest current potential of the Web seems to be in the ____________
arena.
A. business-to-business
B. consumer-to-business
C. consumer-to-consumer
D. business-to-consumer
E. business-to-government
45. _______
was not mentioned in our textbook as major innovation in transportation
technology.
A. Commercial
jet aircraft
B. Super
freighters
C. E-commerce
D. The
introduction of containerization
E. Both
containerization and e-commerce were not mentioned
46. Due
to containerization, the transportation costs associated with the globalization
of production have:
A. remained
the same
B. increased
dramatically
C. declined
D. increased
slightly
E. reduced
insurance costs
47. As a
result of a variety of innovations, the real costs of information processing
and communication have __________ over the past two decades.
A. fallen
slightly
B. increased
slightly
C. remained
constant
D. fallen
dramatically
E. had
no impact on the cost of international business
48. Although
the characteristics of the global economy have changed dramatically over the
past 50 years, as late as the 1960s all of the following demographic
characteristics were true except:
A. the
U.S. dominated the world economy
B. small,
U.S. entrepreneurial firms dominated the international business scene
C. the
U.S. dominated the world foreign direct investment picture
D. the
U.S. was the world’s largest industrial power
E. the
U.S. dominated world trade
