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WorksheetsREVIEW QUIZ FOR INTERNATIONAL BUSINESS
Total questions: 15
Worksheet time: 8mins
To take advantage of tax incentives is an ___________reason why companies venture into International Marketing.
Internal
External
Not in the choices
To find other markets when the form's products experiences a decline in sales is an _____________ reason.
Internal
External
Not in the choices
The 4 Ps pf Marketing are the uncontrollable factors in International Marketing
True
False
WHAT ARE THE FACTORS WHERE DOMESTIC MARKETING AND INTERNATIONAL MARKETING DIFFER?
CONSUMER
FREE TRADE
CURRENCY
PRODUCT AND PACKAGING
BIGGER COUNTRIES ARE MORE GLOBALIZED THAN SMALLER ONES
TRUE
FALSE
(a) IS THE WORLDWIDE COMING TOGETHER OF COUNTRIES AND NATIONS
THIS MEANS A COUNTRY MUST PRODUCE AND EXPORT GOODS AND SERVICES FOR WHICH IT IS MORE RELATIVELY PRODUCTIVE AND IMPORT GOODS AND SERVICES TO WHICH OTHER COUNTRIES ARE MORE RELATIVELY PRODUCTIVE.
THEORY OF ABSOLUTE ADVANTAGE
THEORY OF COMPARATIVE ADVANTAGE
THIS WAS POSTULATED BY DAVID RICARDO
THEORY OF ABSOLUTE ADVANTAGE
THEORY OF COMPARATIVE ADVANTAGE
THEY LIMIT WORLD TRADE
THEORY OF ABSOLUTE ADVANTAGE
THEORY OF COMPARATIVE ADVANTAGE
PROTECTIONISM
BALANCE OF PAYMENT
TRADE BARRIERS
ONE OF THE REASONS WHY THIS WAS FORMULATED IS BECAUSE OF INDUSTRIALIZATION
THEORY OF ABSOLUTE ADVANTAGE
THEORY OF COMPARATIVE ADVANTAGE
PROTECTIONISM
BALANCE OF PAYMENT
TRADE BARRIERS
THIS IS AN INTERNATIONAL PRICE DISCRIMINATION PRACTICE
INFANT INDUSTRY
CONSERVATION OF NATURAL RESOURCES
NATIONAL DEFENSE
DUMPING
RETALIATION
ONE COUNTRY MAY IMPOSE TARIFF IF THE OTHER COUNTRY DID THE SAME THING TO IT.
INFANT INDUSTRY
CONSERVATION OF NATURAL RESOURCES
NATIONAL DEFENSE
DUMPING
RETALIATION
A TRADING BLOC WHERE COUNTRY MEMBERS UNIFY THEIR POLICIES TOWARD TRADE AND FACTOR MIGRATION
FREE TRADE AREA
CUSTOMS UNION
COMMON MARKET AREA
FULL ECONOMIC UNION
TO TAKE ADVANTAGE OF IMPORT PROMOTION DRIVE IS AN _____________ REASON ON INTERNATIONAL MARKETING.
INTERNAL
EXTERNAL
COUNTRIES WITH LOWER INCOME POPULATION TEND TO BE MORE GLOBALIZED THAN HIGHER INCOME ONES BECAUSE THEY CAN AFFORD FOREIGN PRODUCTS, TRAVEL AND COMMUNICATE WITH PEOPLE THEY MET ABROAD
TRUE
FALSE
