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international business

Total questions: 6

Worksheet time: 3mins

Name
Class
Date
1.

What is international business?

a)

The purchase and sale of merchandise in the same country

b)

is the production of merchandise, which is used to distribute to wholesalers

c)

Are all commercial transactions, including trade, investment and transport, private or governmental, involving two or more countries.

2.

What are the main types of international business

a)

CFR, FOB, FAS, CIF

b)

Export, import and foreign direct investment

c)

Duties, levies and taxes

d)

Solid, liquid and gaseous

3.

What are the components of international business

a)

Foreign trade

b)

International trade

c)

Foreign trade and international trade

d)

None of the above

4.

One of the objectives of international business is to increase sales fluctuations?

a)

True

b)

False

5.

What are exports?

a)

Consist of bringing goods into the country

b)

Consist of sending goods out of the country

c)

None of the above

6.

What are imports?

a)

Consist of sending goods out of the country

b)

consist of bringing goods into the country

c)

none of the above