Unit 5 L3 International Trade
Authored by Bina Raniga
Business
12th Grade
Used 4+ times
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following are reasons for trading internationally?
Economies of scale
Easy to trade internationally
Access to new markets can only sale one product
dont have to pay tax
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Offering goods and services in other areas outside UK offers potential for organisations to (a)
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one of these are examples of emerging markets
UK and USA
Russia,China and India
Turkey, Mexico and Iran
Europe
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Methods used by a business to for finance International Trade include.......
cash
Personal cheques
Letter of credit
credit card
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
What is the role of the British Chamber of Commerce and Department of International Trade
(a)
6.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Which of these are features of globalisation have been benefits for Walmart, Apple and Nike who operate internationally? More then 1 correct answer, for this question,how many have you identied.
Using common currencies
Have multinational coroperations
International Mobility of labour
Trading Blocs
7.
MULTIPLE CHOICE QUESTION
30 sec • 3 pts
Which of these can be barriers to international Trade?
No of staff a company has
Advertising and Branding
Economic sanctions, trade restrictions, legal and regulatory systems
Trading with the USA
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