Advanced Higher - Random Topics
Flashcard
•
Business
•
11th Grade
•
Hard
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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