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WorksheetsForeign Trade Terms Quiz
Total questions: 16
Worksheet time: 9mins
A ___________ is a unit of exchange, facilitating the transfer of goods and services.
Currency
Business
Enterprise
Market
Almost any business or organization can be called a/an .......................
Trade fair
Strategy
Enterprise
Tax
A/An ..............…...... is a long term plan of action designed to achieve a particular goal.
Tactic
Action
Cost
Strategy
....................... is the act of making or creating things, in particular the act of making products that will be traded or sold commercially.
Production
Pricing
Resource
Marketing
................. is the voluntary exchange of goods, services, or both.
Trade fair
Trade
Subsidy
Tax
A _________ is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses
Tax
Money
Subsidy
Currency
A/An ................…...... is a social arrangement that allows buyers and sellers to discover information and carry out a voluntary exchange of goods or services.
Trade fair
Market
Enterprise
Business
In marketing, a ....……............. is anything that can be offered to a market that might satisfy a want or need.
Currency
Money
Product
Pricing
A/An .............….......... is an exhibition organized so that companies in a specific industry can showcase and demonstrate their new products and services.
Market
Enterprise
European Union
Trade fair
................…............... is the exchange of goods and services across international boundaries or territories.
Trade fair
Marketing
International trade
Advertising
Which one is an example of Direct Tax?
Income Tax
Service Tax
VAT
Custom Duty
which one is NOT a an example of Indirect Tax?
Custom Duty
VAT
Wealth Tax
Excise Duty
(a) is a mandatory payment to government or state.
If trade happens between more than two sides, then it is called _________
bilateral trade
multilateral trade
Currency means (a) (in Turkish)
Which one is paid for goods?
Fee
Price
Fare
Interest
