Overview of International Business

Overview of International Business

Pre-Test

Multiple Choice

Citizens of one country who are living and working in another country are called_______.

• Business people

• New comers

• Expatriates

• Employees

Multiple Choice

Which one is not necessary for a properly functioning market economy?

• Free speech

• Free enterprise

• Free choice

• Price flexibility

Multiple Choice

Which choice helps countries to finance investments, exchange currencies, and transfer money around the globe?

• Consumers

• Financial institutions

• Governments

• The World Bank

Multiple Choice

The value of all goods and services produced by a country during a one-year period is called ...?

• Gross National Product (GNP)

• Gross Domestic Product (GDP)

Multiple Choice

Which one is a method of promoting international trade?

• Subsidies

• Quotas

• Tariffs

• Free trade Zones