Which critical issues are associated with international trade?

cheaper products and dumping wastes

Which of the following factors could cause a depreciation in the Australian dollar?

More Australians travelling overseas

Why does Australia give foreign aid?

To improve regional safety and security

which of the following statements about Australian trade is false?

The sale of manufactured goods in Australia has increased

What is a major reason why TNC's expand?

to gain more economies of scale

Transnational Corporations are best described as:

businesses operating in more than one country

Which of the following best describes the term globalisation?

where producers see the world as one big market

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Commerce Global Links Quiz

20 termsStudBud Administration427 plays

This is a general quiz on the Commerce Topic of 'Global Links'. Useful as a revision quiz or fun filler at the beginning or end of a lesson.

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Questions 20

Answers

1
Which country does Australia export most of its goods to?
Japan
New Zealand
China
South Korea
2
An example of foreign aid is
Food
Medical Equipment
Money
All of the above
3
One means of dealing with copyright disputes in market places around the globe is to:
use a local bank
follow local rules
avoid earthquake areas
take out insurance
4
What is an advantage of global investment?
foreign laws are different
it spreads risk
it avoids problems from wars
it limits investment opportunities
5
An increase of the Australian dollar against another currency is known as
A fall
A depreciation
A rise
An appreciation
6
Which of the following countries does Australia give most of its foreign aid to?
Papua New Guinea
New Zealand
Fiji
Indonesia
7
What is a management problem encountered by many global businesses?
tariffs and exchange rates
exploiting workers and insurance
different ethical practices and shareholders
disasters and environmental laws
8
Australia's biggest export commodity by volume is:
iron ore
gold
gas
coal
9
Which critical issues are associated with international trade?
higher wages and lenient laws
recycling of resources and mining
exploitation of children and destruction of forests
cheaper products and dumping wastes
10
Which of the following factors could cause a depreciation in the Australian dollar?
Foreign companies investing in Australia
Higher interest rates in Australia
More Australians travelling overseas
More tourists coming to Australia
11
The main customers of Australia's exports are:
Korea< NEW ZEALAND, EUROPE
USA, JAPAN, KOREA
JAPAN, KOREA, NEW ZEALAND
NEW ZEALAND, EUROPE, KOREA
12
Why does Australia give foreign aid?
To improve regional safety and security
To keep our neighbours happy
To be popular
To improve our image with the United Nations
13
which of the following statements about Australian trade is false?
The sale of manufactured goods in Australia has increased
Tourism is a major trade item
New Zealand is a major trading partner
USA and China are our major trading partners
14
Which company is one of Australia's first TNC's ?
Shell
CSR
Sony
McDonald's
15
Which of the following is an example of an equity investment?
Property
Shares
Fixed Interest
Bond
16
What is a major reason why TNC's expand?
to get to know new customers
to employ low cost finances
to gain more economies of scale
to use foreign technology
17
Transnational Corporations are best described as:
businesses with many subsidiaries
shareholders who come from different countries
businesses operating in more than one country
businesses with their head offices in Japan
18
Which of the following best describes the term globalisation?
where producers sell to wholesalers for sale in shops
where producers see the world as one big market
where goods are produced in a country for its own consumers
where trade links let people order goods from catalogues
19
Which of the following is considered the safest investment to put your money?
Shares
Property
Cash in the Bank
A Bond
20
Which country recently won a contract to build Australia's next Military Submarines?
France
Germany
USA
Japan

Commerce Global Links Quiz Flashcards | StudBud