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WorksheetsGlobal Business 9 Week Quiz Review
Total questions: 25
Worksheet time: 13mins
What are the 2 types of businesses?
global and domestic
domestic and partnership
corporation and international
none of the above
What is employee productivity?
a method of measurement
Measurement of performance
measures a workers contribution
all the above
When a country imports more than it exports than it has a(n)
_________________?
favorable balance of trade
unfavorable balance of trade
Not enough information given
All the above
What are the main economic factors in deciding to expand to a new country?
education and gold
technology and oil
education and financial resources
natural resources and education
What is the purpose of GDP per capita?
to Measure the output of a country
to compare the standard of living of countries
to trade without tariffs
all the above
Which of the following directly influences a stocks’ price?
favorable balance of trade
unfavorable balance of trade
supply and demand
all the above
When Zimbabwe had a drought, most of their crops and animals died. They
eventually had to import 90% of their food from other countries; this is an example of:
Mercantilism
New market opportunity
Economic theory
Global dependency
Global human resource management is the process of ________and _______
people in international organizations.
employing and developing
hiring and firing
paying and playing
all the above
Which of the following is NOT a free trade community?
NAFTA
EU
GATT
Mercosur
Which of the following is a reason why companies “go global”?
improved relations
new market opportunities
foreign products
All the above
Currency is:
the rate between two countries
represented by FX
a measure of value
all the above
If Panama purchases beef from Japan, that is an example of:?
Relocation of resources
Supply and demand
Economic theory
Reallocation of resources
Generally speaking, people are ___________________ affected by global
trade.
Always
Sometimes
rarely
never
There are more than _stock exchanges worldwide.
100
150
1,000
15,000
Which of the following is NOT a member of the Mercosur?
Argentina
Venezuela
Spain
Brazil
Which of the following is the symbol for the Euro?
∑
¥
£
€
Which of the following is NOT a member of the European Union?
Italy
Germany
United Kingdom
Uruguay
The proper way to calculate GDP per capita is:
GDP + Population
GDP - Population
GDP / Population
GDP x Population
When countries sell to other businesses and customers in other countries they
are trying to:
increase their trade surplus
lower their trade deficits
expand their business
all the above
Which of the following is a benefit of improved relations due to foreign trade?
development of a mutual respect
better communication
increase in cultural understanding
all the above
Which of the following political factors influences trade?
number of enforced law
stability of the government
economic and political perception abroad
all the above
Which of the following statements defines licensing?
Transfer of rights of operation of an entire business
Agreement between two companies to work on a business project
Transfer of rights and permission to produce and sell a product to a foreign firm
Agreement between two companies to do business together while remaining independent
Which of the following is NOT a common barrier in international business?
Government regulations
Cultural differences
Politics
High GDP
Which of the following is NOT a demographic factor?
Ethnicity
Personality
Income level
Age
Which of the following is a sign of good economic condition of a country?
High unemployment rate
Low GDP
High foreign debt
Low interest rate
