True / False Questions
1. Currently, exports account for 11 percent of the gross domestic product in the United States, and they have been growing at a rate of 12 percent a year since 1987.
2. All NAFTA, EEC, and GATT member countries share a common currency, the euro.
3. The General Agreement on Tariffs and Trade is an international framework of rules for reducing trade barriers around the world.
4. NAFTA, the EEC and GATT all exemplify events that are reducing competition among companies worldwide.
5. The culture of the country in which the facility is located most influences the company's international HRM practices.
6. Uncertainty avoidance is concerned with how a culture deals with hierarchical power relationships.
7. The United States has a high power distance, individualistic culture.
8. Power distance describes the division of roles between the sexes within a society.
9. Cultures with weak uncertainty avoidance tend to be rather easygoing and flexible regarding different views.
10. Cultures with small power distance stress putting relationships before money, helping others, and preserving the environment.
15-1