POB Unit 1

A report shows a company has increasing production and GDP. Which phase of the business cycle?

Cuba bans US products to be sold in its country. What international trade barrier is this?

India's terrain allows rice, cotton, and wheat. What information is India classifying?

China has rising interest rates and inflation. This is what example of currency exchange?

Laos's business has limited room to conduct transactions & depends on agriculture. This shows:

US is known for making wheat with less human resources. What advantage is this?

A company has a machine that wraps in 30 sec. That would take an employee 3min. This shows:

Brandon's Towing company added flat tire replacement service. This answers____?

Duke Energy uses water to power the area. Which resource is Duke Energy Power using?

Syria is banned from selling products in other countries. What is this an example of?

Tina applied for a 3 different jobs, teacher, contractor and coordinator. What step is she on?

An organization assisted 2 countries on settling a trade agreement. What organization is this?

An example of a value for a market economy is a:

A government agency reports the told amount spent to pay employees monthly. This measures___.

An example of a value for a command economy is:

A steakhouse offers dishes with whole wheat, corn or beef. What type of resources are they?

Tony organized the cars he will sell at his dealership. Which step is this?

India limits the import of wheat in its country. What international trade barrier is this?

Tony owns a dealership. He made a spreadsheet to compare options. What step is he on?

A report about an economy shows less production and reduced employees. Which phase is this?

A convenience store gave rights to a store in Mexico to sell its products. This is known as:

A manufacturing company has less workers to decrease the production time. This is asking____?

In the UK, the country set up duty-free shops in highly visited areas. This area is a ____.

Jo altered his gift giving practices while in Japan.What international business factor is this?

Department store send monthly reports of their total sales. Which economic activity is this?

Prime Ministers of East African countries are negotiating trade in their region. This is a ___.

An economist researches the total value of homes built. What economic activity is this used for

Aruba is globally known for its white, sandy beaches. What type of advantage is this?

Which is an example of consumers setting the demand?

In an economy there are 40 people and 15 pizzas were produced at $7 each last year. This shows:

An ice cream shop wants to increase sales per quarter. What self-regulating principle is this?

Which is an example of a company establishing supply?

Which is an example of consumers establishing demand?

Alaska produces more salmon by the pound that an other exporter. This is what advantage?

Jo has $43,000 in a bank. Saving money will provide funds borrow money. This is an example of? 

Which statement is true: Balance of payments is favorable when_____.

Before going to a meeting, Kate learns business behaviors for foreign countries. This is___.

The US government lets consumers make decision about their purchases. What main factor is this?

Over 100 teachers lost their jobs. What measurement of economic activities is this?

An organization assisted 2 countries on a trade disagreement on tariffs. This organization is: