Question

According to the Moore's law:

Multiple Choice

the demand for microprocessor technology falls in half every 18 months.

the demand for microprocessors continues to rise, while their supply falls.

the price of microprocessors continues to fall, while their cost of production increases.

the cost of production of microprocessors continues to fall, while their power increases.

the cost of microprocessors will increase as their power increases.

Which of the following statements is true about the changing demographics of the global economy?

Multiple Choice

The rise in the share of FDI stock accounted for by developing nations reflects a growing trend for firms from these countries to invest outside their borders.

The globalization of the world economy has resulted in a relative increase in the dominance of U.S. firms in the global marketplace.

A prominent trend in international business has been the decline of medium-size and small multinationals.

The rise of the Internet is increasing the barriers that small firms face in building international sales.

The barriers to the free flow of goods, services, and capital have been rapidly increasing, and nations joining the ranks of the developed world have been decreasing.

Answer 1

Moore's law refers to an observation made by Intel co-founder Gordon Moore in 1965. He noticed that the number of transistors per square inch on integrated circuits had doubled every year since their invention.

Moore's law predicts that this trend will continue into the foreseeable future. Although the pace has slowed, the number of transistors per square inch has since doubled approximately every 18 months. This is used as the current definition of Moore's law.

This in simple terms would mean that processing power of computers would increase rapidly and cost of microprocessors would reduce due to more production of transistors helping to achieve economies of scale.

According to Moore’s law : The cost of production of microprocessors continue to fall , while their power increases

STATEMENT	TRUE / FALSE
The rise in the share of FDI stock accounted for by the developing nations reflect a growing trend for firms from these countries to invest outside their borders	TRUE
The globalization of world economy has resulted in a relative increase in dominance of US firms in the global marketplace ( remarks : Globalization has created more competition which has forced US companies to compete more with firms from other nations in the marketplace resulting in decline in influence of US firms in marketplace )	FALSE
A prominent trend in international business has been the decline of medium sized and small sized multinationals	TRUE
The rise of the internet is increasing the barriers that small firms face in building international sales	FALSE
The barriers to the free flow of goods, services and capital have been rapidly increasing and nations joining the ranks of the developed world have been decreasing	FALSE