4.2 Global Markets & Business Expansion

4.2 Global Markets & Business Expansion

12th Grade

15 Qs

quiz-placeholder

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4.2 Global Markets & Business Expansion

4.2 Global Markets & Business Expansion

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

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Created by

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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the process by which markets restrict their trade and defend themselves against threats?

defense

precautionism

protectionism

shielding

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Media Image

______ is practised by markets in order to restrict their trade.

There are many methods involved; for example, putting physical limits on imports (import _____) and giving _____ to domestic producers.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which of the following describes when two or more countries sign a regional trade agreement?

trade

deal

trade

bloc

trade

catalyst

trade

act

4.

OPEN ENDED QUESTION

3 mins • 1 pt

Media Image

What are FTAs and what are their features?

Evaluate responses using AI:

OFF

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Media Image

Some key factors to consider when it comes to trade are "___factors".

These are factors in an existing market which encourages a firm to seek ________ ________ abroad.

6.

OPEN ENDED QUESTION

3 mins • 1 pt

Media Image

Push factors are factors of an existing market which encourage a firm to seek opportunities more internationally.

Give some examples of such factors.

Evaluate responses using AI:

OFF

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Media Image

A "____ factor" is a factor which entices firms to enter new markets.

Some examples could include ___-spreading or cheaper resources/____.

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