International Business

What is one reason why people all over the world buy the same products?

• Because all products are free

• Because people have the same tastes and preferences

• Because companies sell only in their own country

• Because no one uses technology

Which of these is an example of the globalization of production?

• A small shop sells local fruit

• A phone is made only in one country

• A phone has parts from many countries

• People buy fruit from a local market

What does the WTO (World Trade Organization) do?

• Lends money to poor countries

• Makes sure countries follow trade rules

• Helps fix broken phones

• Makes phones in many countries

Why do big companies like Coca-Cola change their ads in different countries?

• To hide the real product

• To confuse customers

• To match local culture

• To make ads shorter

What does the IMF (International Monetary Fund) do?

• Builds new roads and schools

• Sells products worldwide

• Helps countries in financial crisis

• Makes sure phones are cheap

Which statement is true about the World Bank?

• It helps countries with money problems

• It gives loans for building things like schools and hospitals

• It checks if people follow rules

• It makes and sells iPhones

What is an example of Foreign Direct Investment (FDI)?

• Buying shares of BCA for a few months

• Opening new Starbucks stores in Indonesia

• Saving money in the bank

• Sending money to friends overseas

What does investment mean?

• Spending money for fun

• Saving money to never use it

• Making a sacrifice now for better results in the future

• Buying things only for today

Which of these is a Basic Factor Condition?

• Skilled workers

• Research centers

• Beautiful beaches

• Technology

What is the meaning of Demand Conditions?

• How much the company pays

• What local consumers want

• Weather and beaches

• Where factories are built