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International Business Study Set 6

Business

Quiz 1 :

Introduction: What Is International Business

Quiz 1 :

Introduction: What Is International Business

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International business is also known as which of the following?
Free
Multiple Choice
Answer:

Answer:

C

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Each of the following represents a factor of production EXCEPT ________.
Free
Multiple Choice
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Answer:

C

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Each of the following has contributed to the rapid growth of trade among nations EXCEPT ________.
Free
Multiple Choice
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Answer:

B

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Which of the following is subject to importing and exporting?
Multiple Choice
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________ is the total value of products and services produced in a country over the course of a year.
Multiple Choice
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Freehold Investment Corp. (Scenario) Dan Freehold and his business partner, Bethany Quinn, are successful investors engaged in a variety of enterprises. Recently Dan and Bethany have decided to expand their foreign investing operations. They hold a meeting for individuals interested in participating in certain overseas ventures. -At the meeting, Dan explains to the attendees that Freehold direct investment projects differ from international trade in that ________.
Multiple Choice
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Which of the following best explains why export growth has outpaced the growth of domestic production during the last few decades?
Multiple Choice
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Dan discusses an investment opportunity that involves the purchase of selected securities from the Chinese stock market. This opportunity represents which type of international investment?
Multiple Choice
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Bethany presents another opportunity that involves the purchase of a manufacturing plant in South Korea. She explains that this type of strategy will involve ________ ownership on the part of the firm.
Multiple Choice
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International business is defined as the performance of ________ activities by firms across national borders.
Multiple Choice
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International business is performed not just by individual firms, but also governments and international agencies.
True False
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International Trade Summit (Scenario) An international trade summit is held in Geneva, Switzerland. The purpose of the summit is to cooperatively develop policies that promote international trade. Representatives from 50 different countries attend the summit. -One of the attendees represents a leading nation in the international merchandise trade. This attendee is most likely from which of the following countries?
Multiple Choice
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A few decades ago, international business was largely the domain of ________.
Multiple Choice
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International Trade Summit (Scenario) An international trade summit is held in Geneva, Switzerland. The purpose of the summit is to cooperatively develop policies that promote international trade. Representatives from 50 different countries attend the summit. -One of the attendees represents a leading nation in the international services trade. This attendee is most likely from which of the following countries?
Multiple Choice
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________ refers to the transfer of assets to another country or the acquisition of assets in that country.
Multiple Choice
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Phillip Hardy, one of the potential investors, expresses the desire to purchase only those types of assets in which he can maintain a relatively short-term interest. Which of the following investment opportunities would be most suited for Mr. Hardy?
Multiple Choice
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Which of the following best characterizes the development of international business?
Multiple Choice
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Which of the following is another term for importing?
Multiple Choice
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International Trade Summit (Scenario) An international trade summit is held in Geneva, Switzerland. The purpose of the summit is to cooperatively develop policies that promote international trade. Representatives from 50 different countries attend the summit. -One summit attendee pointed out that the total value of her country's products trade typically accounted for more than 100 percent of her nation's GDP. This attendee most likely represents ________.
Multiple Choice
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Which of the following would NOT be considered an example of foreign direct investment (FDI)?
Multiple Choice
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