Advanced Higher - Random Topics

Advanced Higher - Random Topics

Assessment

Flashcard

Business

11th Grade

Hard

Created by

David Gilchrist

FREE Resource

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42 questions

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1.

FLASHCARD QUESTION

Front

Which one of the following is a characteristic of globalisation?

  • Low levels of labour migration
  • The development of global brands
  • A decrease in foreign direct investment
  • A reduction in out-sourcing and off-shoring of production

Back

The development of global brands

2.

FLASHCARD QUESTION

Front

Which one of the following is a negative consequence of globalisation for less-developed countries? Enhanced cultural uniqueness, Skills transferred to domestic workers, Improved terms of trade, Wider income inequalities

Back

Wider income inequalities

3.

FLASHCARD QUESTION

Front

How does transfer pricing affect the business (MNC)?

Back

It allows the business to reduce their tax liability.

4.

FLASHCARD QUESTION

Front

How does transfer pricing affect the business (MNC)?

Back

It allows the business to reduce their tax liability.

5.

FLASHCARD QUESTION

Front

What is a disadvantage of transfer pricing for a MNC?

Back

It can negatively affect the company's reputation.

6.

FLASHCARD QUESTION

Front

What is an advantage of transfer pricing for a host country?

Back

It can create employment and improve the country's wealth.

7.

FLASHCARD QUESTION

Front

What is a disadvantage of transfer pricing for a host country?

Back

It can reduce the amount of tax revenue for the country.

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