Ch 3 Business in the Global Economy

Ch 3 Business in the Global Economy

9th - 12th Grade

15 Qs

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Ch 3 Business in the Global Economy

Ch 3 Business in the Global Economy

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Medium

Created by

Amy Meyer

Used 33+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company is planning to sell the rights to its brand name for use in other countries. This is an example of a(n)

joint venture.

trade agreement.

franchise.

licensing agreement.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The international organization that settles trade disagreements and enforces free-trade agreements is the

WTO

United Nations

IMF

World Bank

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who provides technical capital and technical help to private businesses in nations with limited resources?

IDA

IFC

IMF

WTO

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a franchise business?

McDonald's

Burger King

Wendy's

Garzelli's

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The World Bank was created in order to provide loans to help rebuild after

World War I

Vietnam War

World War II

Cold War

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When a country's imports exceed its exports, this is a trade

deficit.

exchange.

surplus.

balance.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The value of a country's currency is likely to decline as a result of

lower interest rates

a trade surplus

a favorable balance of payments

higher inflation

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