
Bellringer 02/11/2019
Quiz
•
Business
•
9th - 12th Grade
•
Hard
Lee Ann Ferguson
FREE Resource
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9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Refers to a corporation that owns businesses in two or more countries
international corporation
global business
multinational corporation
organization
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A method of investment in which a company builds a new business or buys an existing business in a foreign company
direct foreign investment
tariff
trade agreements
trade barriers
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Refers to direct tax imposed on goods
tariff
nontariff barriers
protectionism
trade agreements
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
US limits the number of copper plates being imported from Asia. What kind of trade barrier are they imposing?
subsidies
quota
government import standard
voluntary export restraints
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A worldwide trade agreement that reduced and eliminated tariffs, limited government subsidies and established protections for intellectual property
General Agreement on Tariffs and Trade (GATT)
World Trade Organization (WTO)
Maastricht Treaty of Europe
North American Free Trade Agreement (NAFTA)
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This is the process of modifying rules, guidelines, policies and procedures to adapt to differences in foreign customers, governments and regulatory agencies
global consistency
local adaptation
protectionism
global business
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The process of selling domestically produced products to customers in foreign countries.
Import
Export
Trade
Taxation
8.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
An agreement in which a domestic company, the licensor, receives royalty payments for allowing another company, the licensee, to produce the licensor’s product, sell its service or use its brand name in a specified foreign market
Strategic alliance
Cooperative contract
Franchise
Licensing
9.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
New companies that are founded with an active global strategy and have sales, employees and financing in different companies
Global new ventures
Wholly owned affiliates
Strategic alliance
Cooperative contract
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