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Business Management- Chapter 9 Test Review

Authored by Deda Rush

Business

9th - 12th Grade

Used 26+ times

Business Management- Chapter 9 Test Review
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38 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Foreign investment occurs when firms from one country build new plants in another country.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Goods and services that are sold to other countries are called exports.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A country earns revenue by imposing tariffs on foreign goods.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When dumping occurs, the price of the goods in a foreign market drops.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tariffs have a tendency to lower the price of foreign products.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Nontariff barriers are designed to protect foreign producers.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Trading blocs have discouraged global trade and investment.

True

False

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