
Exporting Flashcard
Flashcard
•
Business
•
12th Grade
•
Practice Problem
•
Hard
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10 questions
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1.
FLASHCARD QUESTION
Front
What are the promises and risks associated with exporting?
Back
Increased market share and currency fluctuation
2.
FLASHCARD QUESTION
Front
What steps can managers take to improve their firm’s export performance?
Back
Enhance product quality and adapt to local markets
3.
FLASHCARD QUESTION
Front
How can countertrade be used to facilitate exports?
Back
By exchanging goods and services instead of currency
4.
FLASHCARD QUESTION
Front
Which of the following is a benefit of modern transportation technologies? Increased tariffs, Higher trade barriers, Reduced regional agreements
Back
Alleviated logistical problems
5.
FLASHCARD QUESTION
Front
What is the role of the WTO in exporting?
Back
Declining trade barriers
6.
FLASHCARD QUESTION
Front
What is a common reason why many US firms do not engage in exporting?
Back
Unfamiliarity and intimidation
7.
FLASHCARD QUESTION
Front
Which of the following is NOT listed as an information source for improving export performance? State and local trade commissions, Small Business Administration, US Department of Commerce
Back
International Monetary Fund
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