IIA IIA-CIA-Part4 - Certified Internal Auditor - Part 4, Business Management Skills Exam
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Total 535 questions
Question #11 (Topic: )
The creation of regional free trade zones is a global phenomenon. Trade barriers are
lowered in these areas, and other steps are taken to promote economic cooperation. For
example, a common currency has been adopted by the nations of:
lowered in these areas, and other steps are taken to promote economic cooperation. For
example, a common currency has been adopted by the nations of:
A. NAFTA.
B. Mercosul.
C. APEC.
D. The European Union.
Answer: D
Question #12 (Topic: )
The three major factors favoring globalization are
A. Cultural, commercial, and technical.
B. Flexibility, proximity, and adaptability.
C. Political, technological, and social.
D. Ambition, positioning, and organization.
Answer: C
Question #13 (Topic: )
Which method of expanding into international markets is most likely the riskiest?
A. A local storage and sale arrangement.
B. Local component assembly.
C. Direct investment.
D. Joint venture.
Answer: C
Question #14 (Topic: )
Which strategy for a global marketing organization emphasizes relatively strong central
control?
control?
A. Global.
B. Multinational.
C. Creation of an international division.
D. Global
Answer: A
Question #15 (Topic: )
Which of the following is a regional free-trade zone currently limited to South American
nations?
nations?
A. APEC
B. Mercosul.
C. The Triad Market.
D. NAFTA.
Answer: B
