
Unit 2 Inter Trade (Vocab Quiz)
Authored by Parichat Duenpen
English
University
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the term "outsourcing" most closely mean?
Buying stocks in a foreign company
Hiring a local manager
Sending tasks to another company or country
Merging with a competitor
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a "joint venture"?
A merger between governments
A business fully owned by one company
A shared business project between two or more companies
A temporary part-time job
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A "tariff" is a type of:
Business strategy
Tax on imports
Investment opportunity
Communication device
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A "subsidy" is:
A fine imposed on companies
A type of mobile device
Money paid by the government to support a business
A global partner
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the "balance of trade"?
The difference between a country's imports and exports
The rate at which currency is exchanged
A business cycle stage
A loan from international banks
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best defines a "strategic alliance"?
Selling a product overseas
A military agreement
A partnership between companies to achieve long-term goals
A short-term business loan
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The "business cycle" includes stages like:
Invention, innovation, inflation
Growth, recession, recovery
Investment, competition, profit
Decline, taxes, recovery
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