WorksheetsGlobal Industry
Total questions: 10
Worksheet time: 20mins
How often does the foreign exchange take place?
Every Day
Once a week
Twice a month
Every other day
When considered low, the economy shows a rising currency value. Which of the following terms describes this occurrence?
Interest rate
Inflation
Public debt
Deficit
Which of the following is NOT considered a debit item in the balance of trade?
Domestic spending abroad
Imports from abroad
Foreign spending in the domestic economy
Foreign aid and assistance
When a country is a member to this level of economic integration, the countries involved have a common currency and similar tax rates. Which type of economic integration does this demonstrate?
Common market
Custom union
Free trade
Economic union
Which of the following is NOT a type of foreign aid?
150 Account
Foreign Assistance
Food Stamps Abroad
Poverty-focused development Aid
When implementing economic integration, which of the following is NOT a problem one may encounter?
Single objectives
Weak States
Trade diversions
Lacking fiscal resources
Which agreement focuses on tariffs related to agriculture, textiles and automobiles?
North American Free Trade Agreement
General Agreement on Tariffs and Trade
United States Free Trade Agreement
Global Free Trade
International law in global business does NOT include which of the following purposes?
Regulation trade
Controlling tariffs
Managing offshore banking
Governing business meetings
An agreement where one company makes an asset available to another company in exchange for compensation is considered which of the following?
Licensing
Copyrighting
Linking
Investing
Which of the following is NOT true of working abroad?
Learn a new language
Develop an appreciation for a new culture
Network few foreign contacts
Travel to exotic places
