International Business A Managerial Perspective

Business

Quiz 6 :

International Trade and Investment

Quiz 6 :

International Trade and Investment

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In 2017, China accounted for approximately ________ of the world's merchandise exports.
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A

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According to mercantilism, what should a country's primary goal be?
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C

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In the United States, sugar growers, steel companies, and the AFL-CIO are supporters of mercantilist policies. These groups are best characterized as ________.
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A

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How can an understanding of international trade theories and foreign investment theories benefit MNEs?
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Who is the father of free market economics?
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Since World War II, world trade has ________.
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The first theories of international trade used ________ as a unit of analysis.
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Ellis, a manager at an MNE, is studying international trade theories. In his current position, Ellis would most likely use this knowledge to ________.
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What are the indirect effects of international trade? How do exports spark economic activity in a country?
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What type of trade was the early country-based theories of international trade most useful in understanding?
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Which of the following was harmed the most by mercantilist policies?
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What motivates firms to become involved in international trade and foreign direct investment?
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Thanks to the emergence of China as a major exporting nation, Japan, Canada, the European Union, and the United States accounted for just 49.2 percent of the world's merchandise exports in 2017.
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During which century were the first theories of international trade developed?
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The theory of ________ maintains that a country's wealth is measured by its holdings of gold and silver.
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The center of the international commercial flower industry is ________.
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What are the primary forms of international business?
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The term ________ refers to the voluntary exchange of goods, services, assets, or money between one person or organization and another.
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In 2016, total international merchandise trade accounted for about ________ percent of the world's GDP.
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World trade initially grew after World War II, but in the last decade has dropped off and been replaced with FDI.
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