Ch 5 Review

Ch 5 Review

11th Grade

15 Qs

quiz-placeholder

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Ch 5 Review

Ch 5 Review

Assessment

Quiz

Social Studies

11th Grade

Practice Problem

Hard

Created by

Kayla Halsey

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 6 pts

Identify requirements for international business travel.

Passports, visas, proof of citizenship, and immunizations

Driver's license, credit card, and travel insurance

Birth certificate, social security card, and medical records

Library card, gym membership, and utility bills

2.

MULTIPLE CHOICE QUESTION

30 sec • 6 pts

What is the impact of electronic communication tools on global business activities?

They have played a vital role in globalization and business activities by enabling companies to interact with customers and partners

They have no impact on global business activities

They have made global business activities more difficult

They have increased the cost of global business activities

3.

MULTIPLE CHOICE QUESTION

30 sec • 6 pts

What are three market-entry strategies for conducting business internationally?

Franchising, licensing, and setting up a joint venture

Advertising, sales promotions, and public relations

Product development, pricing, and distribution

Market research, target audience, and branding

4.

MULTIPLE CHOICE QUESTION

30 sec • 6 pts

What is the impact of cultural, political, and social environments on global and world trade?

They can affect the success of global trade

They have no impact on global trade

They only affect local trade

They only affect political relationships

5.

MULTIPLE CHOICE QUESTION

30 sec • 6 pts

What is the role of trade, protectionism, and monetary markets in the global economy?

Trade allows people to get what they want and need

Protectionism restricts trade and favors domestic businesses

Monetary markets facilitate investments and currency exchanges

All of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 6 pts

What are the determinants of exchange rates and their effects on the domestic economy?

Interest rates, inflation, government debt, and balance of trade

Population, climate, natural resources, and infrastructure

Education, healthcare, technology, and innovation

Culture, language, traditions, and customs

7.

MULTIPLE CHOICE QUESTION

30 sec • 6 pts

What labor issues are associated with global trade?

Differing standards for human laborers

Equal treatment of workers in all countries

Uniformity in working conditions worldwide

Elimination of low-wage jobs

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