
Intro to Business Chapter 2 Summative Retake
Authored by Tracy Hahn
Business
9th - 12th Grade
Used 2+ times

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45 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When a government puts a limit on imports it is called a
quota
embargo
tariff
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following scenarios is likely to cause the value of a country's currency to rise
prolonged inflation
higher interest rate
sudden change in government
increased demand for the nation's products and currency
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
No countries limit the amount of money their citizens can take out of the country when they travel
TRUE
FALSE
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A country in which a multinational company is based is
called the
host
home
headquarters
economic hub
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Foreign _________________ is the amount a country owes to other countries
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Licensing
has a high financial investment, so the potential financial return is often high
typically has a low financial return and investment
typically is risky for a company
has a low financial investment, so the potential financial return is often high
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The United States conducts trade with more than ___________ countries
10
160
100
250
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