Marketing Chapter 4

Marketing Chapter 4

10th - 12th Grade

10 Qs

quiz-placeholder

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Marketing Chapter 4

Marketing Chapter 4

Assessment

Quiz

Business

10th - 12th Grade

Practice Problem

Hard

Created by

Jennie Manning

Used 4+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An embargo is a limit on the number or monetary value of a product that can be imported.

true

false

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A nation's balance of trade is the difference in value between its exports and imports.

true

false

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

GATT was an international agreement to open trade markets and promote global free trade.

true

false

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

International trade and foreign investments generate about two thirds of the profits of US businesses.

true

false

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A nation experiences a trade surplus when it imports more than it exports.

true

false

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The major trade benefit of contract manufacturing is

partnership

lower taxes

lower wages

proprietary information

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Select the trade alliance that establishes guidelines for international trade.

WTO

NAFTA

EU

all of the above

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