Foreign Direct Investment and Cross-Border AcquisitionsTrue False Questions.doc
《Foreign Direct Investment and Cross-Border AcquisitionsTrue False Questions.doc》由会员分享,可在线阅读,更多相关《Foreign Direct Investment and Cross-Border AcquisitionsTrue False Questions.doc(53页珍藏版)》请在得力文库 - 分享文档赚钱的网站上搜索。
1、Lecture 11- Foreign Direct Investment and Cross-Border Acquisitions16-1 2012 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distribute
2、d, or posted on a website, in whole or part.Lecture 12 (Chapter 16) Foreign Direct Investment and Cross-Border AcquisitionsTrue / False Questions1. In the early 1980s, Honda, the Japanese automobile company, built an assembly plant in Marysville, Ohio, and began to produce cars for the North America
3、n market. As the production capacity at the Ohio plant expanded, Honda began to export its U.S.-manufactured cars to Japan. True False2. Shareholders of U.S. bidders (acquiring firms in M&A) experience significant positive abnormal returns when firms expand into new industries and geographic markets
4、. True False3. Shareholders of U.S. targets experience higher wealth gains when they are acquired by foreign firms than when acquired by U.S. firms. True False4. Cross-border acquisitions are generally found to be synergy-generating corporate activities. True FalseMultiple Choice Questions5. Under a
5、 1981 Voluntary Trade Agreement Japanese automobile manufacturers were not allowed to increase their exports to the U.S. market. As a result A. they exited the market. B. Honda was motivated to circumvent the trade barriers. C. Hondas FDI may have been part of an overall corporate strategy designed
6、to bolster their competitive position vis-vis their domestic rivals such as Toyota. D. both b) and c)Lecture 11- Foreign Direct Investment and Cross-Border Acquisitions16-2 2012 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or di
7、stribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.6. Following Hondas FDI in the U.S., A. The U.S. government imposed a Voluntary Trade Agreement under which Japanese automobile manufacturers were not allo
8、wed to increase their exports to the U.S. market. B. Toyota and Nissan made direct investments in America. C. Sales of Hondas declined. D. none of the above7. Hondas decision to build a plant in Ohio A. was welcomed by the United Auto Workers. B. was encouraged by assistance from the state of Ohio,
9、including improved infrastructure around the plant and abatement of property taxes. C. involved setting up a special foreign trade zone that allowed Honda to import auto parts from Japan at a reduced tariff rate. D. all of the above8. When firms undertake FDI, A. they become MNCs. B. they reduce the
10、ir tax rate since they can tell each country that they do business in that they paid their taxes in other countries. C. the can exploit workers by paying them below-market wages in depreciating currencies. D. all of the above9. Prior to Hondas decision to build a plant in Ohio, A. the Japanese gover
11、nment had been urging the automobile companies to begin production in the United States. B. the Japanese government had been urging the automobile companies to keep production in Japan. C. the Japanese government imposed import quotas on U.S.-made automobiles. D. none of the aboveLecture 11- Foreign
12、 Direct Investment and Cross-Border Acquisitions16-3 2012 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a w
13、ebsite, in whole or part.10. FDI can take the form of A. Greenfield investment. B. cross-border M&A. C. establishing new production facilities in a foreign country. D. all of the above11. The Ford Motor Company recently acquired Mazda, a Japanese auto maker, and Jaguar, a British auto maker. A. This
14、 is an example of cross-border M&A. B. This was a Greenfield investment. C. both a) and b) D. none of the above12. Firms become multinational A. when they undertake foreign direct investments (FDI). B. with the establishment of new production facilities in foreign countries such as Hondas Ohio plant
15、. C. when they become involved in mergers with and acquisitions of existing foreign businesses. D. all of the above13. The United States is the largest initiator, of FDI. The largest recipient of FDI is A. also the United States. B. France. C. Germany. D. China. E. none of the above14. According to
16、a recent UN survey, the world FDI stock grew at what rate relative to worldwide exports of goods and services? A. The world FDI stock grew twice as fast as worldwide exports of goods and services. B. The world FDI stock grew at the same rate as worldwide exports of goods and services. C. The world F
17、DI stock grew half as fast as worldwide exports of goods and services. D. None of the aboveLecture 11- Foreign Direct Investment and Cross-Border Acquisitions16-4 2012 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution
18、 in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.15. During the five-year period 2004-2008, total annual worldwide FDI outflows amounted to A. About $1,423 million on average. B. About $1,423 billion on average. C.
19、 About $1,423 trillion on average. D. None of the above16. During the five-year period 2004-2008, A. China received the largest amount of FDI inflows. B. India received the largest amount of FDI inflows. C. Mexico received the largest amount of FDI inflows. D. the United States received the largest
20、amount of FDI inflows.17. Japan plays a major role as an exporter of FDI. As a recipient of FDI, A. Japan receives as much FDI as it exports, making it a major player on both fronts. B. Japan plays a relatively minor role, reflecting a variety of legal, economic, and cultural barriers to FDI. C. Jap
21、ans receipts of FDI are third in the world. D. None of the above18. MNCs might have been lured to invest in China not only by lower labor and material costs but also A. by Chinas lower labor and material costs. B. by the desire to preempt the entry of rivals into Chinas potentially huge market. C. b
22、y the Kung Pao chicken. D. by the desire to see, if not buy, all the tea in China.19. The third most important host country for FDI is A. the United States. B. Japan. C. China. D. Mexico.Lecture 11- Foreign Direct Investment and Cross-Border Acquisitions16-5 2012 by McGraw-Hill Education. This is pr
23、oprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.20. MNCs have invested in China A. by lower material costs. B. by low
24、er labor costs. C. by a desire to preempt the entry of rivals into Chinas potentially huge market. D. all of the above21. FDI stocks A. are the common shares of multinational companies that invest abroad. B. are mutual funds that invest in FDI. C. represent the accumulation of previous years FDI flo
- 配套讲稿:
如PPT文件的首页显示word图标,表示该PPT已包含配套word讲稿。双击word图标可打开word文档。
- 特殊限制:
部分文档作品中含有的国旗、国徽等图片,仅作为作品整体效果示例展示,禁止商用。设计者仅对作品中独创性部分享有著作权。
- 关 键 词:
- ForeignDirectInvestmentandCross BorderAcquisitionsTrueFalseQuestions
链接地址:https://www.deliwenku.com/p-1815346.html
限制150内