Introduction to Global Trade WEEK 8 MAY 25D BUSINESS ENVIRONMENT

Introduction to Global Trade WEEK 8 MAY 25D BUSINESS ENVIRONMENT

3rd Grade

77 Qs

quiz-placeholder

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Introduction to Global Trade WEEK 8 MAY 25D BUSINESS ENVIRONMENT

Introduction to Global Trade WEEK 8 MAY 25D BUSINESS ENVIRONMENT

Assessment

Quiz

Other

3rd Grade

Hard

Created by

Abiodun Otedola

Used 1+ times

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77 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of global trade?

The exchange of goods, services, and capital within a country

The exchange of goods, services, and capital across international borders

The exchange of information between companies

The exchange of goods only between neighboring countries

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a key driver of global trade expansion?

A) Advanced technology

B) Efficient transportation systems

C) Digital communication

D) Local-only business operations

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Global trade represents _______ of global GDP.

60%

30%

80%

45%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Apple sources components from how many countries for its global supply chain?

10

25

43

60

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Refer to the map showing Apple's global supply chain. Where are Apple chips sourced from?

China

Taiwan

Australia

United States

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which of the following best describes a Common Market?

Reduced or eliminated tariffs between member countries

Common external tariffs plus free movement of goods

Freedom of movement for goods, services, capital and people

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Fill in the blank: Customs Unions involve common external tariffs plus free movement of _____

goods

people

services

capital

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