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business quiz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

what is a MNC

a)

a business that has more than one operation in a country

b)

a marketing arrangement

c)

a trading method

d)

a business that has operations in many countries

2.

production of goods is found in which sector industry

a)

primary

b)

secondary

c)

tertiary

d)

none of the above

3.

a factor that affects the location of a business is clossenses to

(a)  

4.

what are trade blocs

a)

a type of intergovernmental agreement

b)

a barrier

c)

a union

d)

a geographical region

5.

(a)   trade involves trade in physical goods

6.

goods and services sold overseas are called

a)

imports

b)

trades

c)

exports

d)

surplus

7.

what is an exchange rate ?

a)

a depreciation

b)

when countries use different currencies between firms in different countries

c)

exports

d)

demand for goods and services

8.

the opposite of visible trade is (a)  

9.

which of the following is a benefit to a nation that hosts a MNC

a)

trade barriers

b)

higher inflation

c)

higher tax revenues

d)

access to wider markets

10.

a reason for globalisation is an increase in tourism

a)

true

b)

false