WorksheetsGlobal bUsiness
Total questions: 10
Worksheet time: 5mins
a corporation that sells and/or produces its product in many different countries.
multinational
domestic
sweatshop
a trade organization that replaced the old General Agreement on Tariffs and Trade (GATT); promotes free trade among member countries.
IMF
World Bank
NATO
WTO
The process in which countries are increasingly linked to each other through culture and trade
pollution
globalization
semiglobalization
A manager who works abroad is known as the Expatriate manager
False
True
Don't Know
a strategic multilateral platform connecting the world’s major developed and emerging economies.
NATO
TRIAD
G20
BRICS
a business that is conducted across national borders.
domestic business
global business
shipping business
marketing business
Gross domestic product is:
GDP plus income from nonresident sources abroad
a conversion that determines the equivalent amount of goods and services that different currencies can purchase -
GDP plus income from nonresident sources abroad
the sum of value added by resident firms, households, and governments operating in an economy
a technique to prepare and plan for multiple scenarios (either high- or low-risk)
scenario planning
risk management
financial planning
This institution's initial role was to aid the reconstruction of Europe after World War II.
WTO
NATO
The World Bank
IMF
This institution promotes exchange rate stability and an open system of international payments
IMF
World Bank
WTO
