What's International Business Quiz Review

What's International Business Quiz Review

10th - 12th Grade

15 Qs

quiz-placeholder

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What's International Business Quiz Review

What's International Business Quiz Review

Assessment

Quiz

Business

10th - 12th Grade

Easy

Created by

Sara Sturm

Used 5+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

International trade is a relatively new development in the world.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business activities are needed to creating, shipping, and selling goods and services across national borders is...

International Business

Domestic Business

Imports

Exports

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The United States importing bananas, coffee, tea, spices and silk because they cannot be produced domestically is an example of which of the following?

Trade Barrier

Tariff

Global Dependency

Export

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a key part of the international business environment?

Geography

Culture

Political & Legal

Marketing

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A restriction on the number of imports is a...

Tariff

Embargo

Quota

Subsidy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money given to domestic businesses to reduce production costs and lower prices is called...

Non-Tariff Barrier

Quota

Tariff

Subsidy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these is NOT a reason companies' choose to do business internationally?

To increase sales

Increased cultural awareness

New knowledge & resources

Risk reduction

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