Câu hỏi ôn tập chương 1

Any commercial transaction that crosses the borders of two or more countries is called ________.

• domestic marketing

• market segmentation

• international business

• global production

Goods and services purchased from abroad and brought into a country are called ________.

• domestic total products

• exports

• national total products

• imports

________ is all goods and services sold abroad and sent out of a country.

• Net national product

• Export

• Gross domestic product

• Import

The rise of a new international entity called ________ indicates that any company, regardless of age, experience, and resources, can participate in international business.

• transnational corporation

• multinational corporation

• new global company

• global company

________ is the trend towards greater economic, cultural, political, and technological interdependence among organizations and national economies.

• Privatization

• Diversity

• Globalization

• Decentralization

Globalization is characterized by ________.

• the collapse of democracy in a country

• national borders becoming less relevant

• the strengthening of trade barriers

• rigid foreign policy

The term ________ refers to entities that cooperate across national borders.

• internationalization

• supranational

• non-state

• multicultural

Most companies today operate in an environment of increased transparency and oversight of their business activities. This is due to ________.

• the rise of social media

• the prosperity of developing countries

• diversity in markets

• the flexibility of the labor market in developing countries

The value of all goods and services produced by the domestic and international activities of a country over a one-year period is ________ of that country.

• gross domestic product (GDP)

• gross world product (GWP)

• gross national product (GNP)

• gross state product (GSP)

Topsy Turvey Toys purchases its goods from Ureshi Toys as an example of ________.

• import

• export

• outsourcing

• internal import