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WorksheetsChapter 1 review
Total questions: 13
Worksheet time: 22mins
Which of the following would be considered an international business transaction?
purchasing products in one country and assembling them in the same country
recruiting employees internationally
borrowing money from a major bank to finance capital improvements
shipping finished products from one country to another for retail sale
All of the following are benefits of international business except:
decreased production costs
Send (goods or services) to another country for sale.
Embargo
Export
Import
Foreign Direct Investment
Some Vietnamese fans take Air France to watch the Tour de France bicycle competition. Their flight tickets on Air France and travel expenses in France are:
Service imports for France
Merchandise imports for France
Service exports for France
Merchandise exports for France
Globalization refers to the shift toward a more ...........and ........... world economy.
(a)
Coca-Cola soft drinks, McDonald’s hamburgers, Starbucks coffee are prototypical examples of:
The globalization of markets
The globalization of production
All of the following are drivers of globalization except for:
Liberalization of cross-border trade
Decrease in international investment barriers
Decrease in global competition
Technological change
Merchandise exports and imports are sometimes called ........... exports and imports.
Visible
Invisible
................ occurs when a firm exports goods or services to consumers in another country.
International investment
International trade
International recruitment
International tourism
Trend by individual firms to disperse parts of their productive processes to different locations around the globe to take advantage of differences in cost
The globalization of markets
The globalization of production
The investors purchase bonds issued by foreign companies
Foreign Direct Investment
Portfolio Investment
A Foreign Direct Investment is a ......... ownership in a business in one country by an entity in another country.
controlling
noncontrolling
