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Ch. 3 Business in the Global Economy Flashcards | StudBud
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Ch. 3 Business in the Global Economy
Ch. 3 Business in the Global Economy
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1
Formal trade barrier that stops trade...
Tariff
Quota
Embargo
2
This is an example of which?
joint venture
franchise
liscensing
3
For someone in Missouri, an example of domestic business would be selling products in...
Mexico
London
New York
Cuba
4
One of the main goals is to maintain exchange rates..
International Monetary Fund
Word Trade Organizaon
World Bank
5
This is an example of which?
joint venture
franchise
liscensing
6
Formal trade barrier that limits trade...
Embargo
Quota
Tariff
7
This is an example of which strategy?
global
multinational
8
This is an example of which strategy?
multinational
global
9
One of the main goals is to handle any trade disputes...
World Bank
Word Trade Organizaon
International Monetary Fund
10
What can act as in informal trade barrier to countries?
free trade agreements
culture, traditions, and religions
quotas, tariffs, and embargos
sports team, celebrities, and movies
11
This is an example of which strategy?
multinational
global
12
A country that exports more than it imports has a ...
trade surplus
trade deficit
13
Formal trade barrier that sets the value of good traded...
Tariff
Embargo
Quota
14
One of the main goals is to provide loans for developing countries...
International Monetary Fund
World Bank
Word Trade Organizaon
15
The United States has an absolute advantage in....
corn
coffee
