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International market

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

What factors influence exchange rates in the Foreign Exchange Market?

a)

Interest rates, inflation, political stability, economic performance, and speculation

b)

Sports events, celebrity gossip

c)

Currency color, population density

d)

Weather conditions, social media trends

2.

How do capital flows impact a country's economy?

a)

Capital flows impact a country's economy through exchange rates, interest rates, and overall economic stability.

b)

Capital flows primarily influence a country's cultural development

c)

Capital flows only affect a country's social policies

d)

Capital flows have no impact on a country's economy

3.

What are the different types of currency risk that companies face?

a)

Market risk

b)

Political risk

c)

Credit risk

d)

Transaction risk, Translation risk, Economic risk

4.

Why is it important for countries to maintain a favorable balance of payments?

a)

To encourage inflation

b)

To ensure stability in the economy, prevent currency devaluation, attract foreign investment, and maintain international credibility.

c)

To promote currency devaluation

d)

To discourage foreign investment

5.

What is the purpose of Antidumping Policy in international trade?

a)

To punish foreign firms that engage in dumping

b)

To further foreign policy objectives

c)

To protect human rights

d)

To achieve political objectives

6.

What is the main reason for Governments to intervene in international trade for Economic Reasons?

a)

Retaliating

b)

Protecting national security

c)

Boosting the overall wealth of a nation

d)

Protecting jobs and industries

7.

What is the purpose of Tariffs in international trade?

a)

To raise the cost of imported products compared to domestic products

b)

To gain export markets

c)

To protect consumers

d)

To restrict the quantity of imported goods

8.

One possible disadvantage of FDI is

a)

transfer pricing and tax avoidance.

b)

interest payments rising.

c)

the DSR rising.

d)

increased foreign ownership.

9.

Foreign Direct Investment or FDI occurs when a company from one country invests in another country as an effort to secure lasting interest in the other country's enterprises to produce and/market a product or service.

a)

True

b)

False

10.

These are sold to other countries and sent OUT

a)

Exports

b)

Imports

c)

Global Marketing

d)

Multinational Companies

11.

When a company joins up with another company to go international is

a)

Foreign Production

b)

Joint Ventures

c)

Licensing

d)

Franchising

12.

Assisting developing countries in trade policy issues, through technical assistance and training programme

a)

WTO

b)

UNCTAD

c)

EU

d)

APEC

13.

GATT now been replaced by ___________________________

a)

EU

b)

WTO

c)

MATRADE

d)

INTEL

14.

The integration of markets, nation-states, and technologies in a way that is enabling individuals, corporations, and nation-states to reach around the world farther, faster, deeper, and cheaper than ever before is referred to as ________

a)

international business organization

b)

globalization

c)

market internationalization

d)

economic integration

15.
___________ is a tax that a government places on certain imported products
a)
Tariff
b)
Embargo 
c)
Quota
d)
Deal