NI2026.101 QUIZ

A government that holds to predictable fiscal, monetary, and political policies is considered

• global

• stable

• unstable

• domestic

Shayna and her husband have developed a pizza pan that is guaranteed to keep the crust from sticking to the pan and washes clean with just water. They have applied to have exclusive rights to this product.

What did they apply for?

• a patent

• a copyright

• a trademark

• a trade name

An agreement between nations is called a

• regulation

• demographic

• constitution

• treaty

When an international manager is considering where to do business, one of the first considerations is

• whether the country has a democratically elected government

• the dominant religion in the country

• the size of the economy

• whether the country has a manufacturing sector

Unrecorded transactions in an economy, such as goods and services that are bartered, are said to be part of which economy?

• developing

• forward

• informal

• developed

When a government requires a permit to purchase foreign currency, the exchange rates

• are market-driven

• can be negotiated by the firm

• are unpredictable

• are often above the free market rate

The balance of payments account is a record of

• the total tangible trade flows of a country over a five-year period

• a country's transactions with the rest of the world

• a country's total debt service payments during a one-year period

• the outstanding balance of a country's debt payments for the fiscal year

A spot exchange rate is the

• rate for exchange within two business days

• best rate in the market for exchange within 10 days

• rate for preferred exchanges among central bankers

• rate established by the BIS

A measure of an economy's size based on the market value of goods and services produced within a nation in a year is

• GINI index

• gross domestic product

• gross national product

• gross national income

Government stability has to do with:

• democratic processes and free elections

• a commitment to military strength

• policies that are permanent or change gradually

• leadership that listens to citizens and responds to their needs