International Business Quiz

International mobility and _________ are features of globalisation.

Countries within the EU have free movement of labour.

• True

• False

One feature of a multinational Corporation is that they create ________ outside of their home country.

Nike operates in over 150 countries.

• True

• False

Which has the highest global revenue?.

• Nike

• Apple

• Amazon

• McDonalds

Which has the lowest global revenue?.

• Nike

• Apple

• Amazon

• McDonalds

Mercosur is a trading bloc based in North America.

• True

• False

On July 1st 2020 NAFTA was replaced by which trading bloc?

Which of these is a benefit of being part of a trading bloc?

• Increased tarriffs

• Reduced trade barriers

• increased need for viisas

• Aligned regulations and standards

Which of these is not a reason for protectionism?

• Cultural reasons

• Promoting free trade
• Encouraging domestic industries
• Protecting local jobs