A branch plant is a...

a factory owned by a US company in Canada

Portfolio investment is ....

buying shares in a business in another country

A trend toward increasing trade among the world's countries.

Foreign Direct Investment(FDI) refers to:

Ownership of productive assets in a country other than yours

Capital goods are ...

are products used by businesses

Capital intensive production is ....

production uses (relies on) greater proportion of capital

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BBB 4M - Ch.1

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Questions 25

Answers

1
Being able to provide for all basic needs without relying on other countries is.....
interdependence
government dependence
self-sufficiency
trade
2
MAPL is:
C) musical selection must fulfill at least 3 of the criteria
A) defined by the CRCT
B) musical selection must fulfill at least 2 of the criteria
A & B
3
The direct exchange of goods or services without the use of money; a typical feature of traditional economies.....
Captital
money
Resources
Barter
4
Banks are part of the _________ industry?
tertiary
primary
none of these
secondary
5
Developing a relationship with a business in another country means this country is a/n .....
importer
trading partner
dependent
exporter
6
A transaction is...
between a consumer and the government
when governments negotiate terms of trade
an exchange of things of value
when a government provides services to those who need it for free
7
Is Hong Kong a country?
No
Yes
I don't know
Maybe
8
Globalization came about due to...
investment & the flow of money
migration & new forms of transportation
communication technologies
all of these
9
What does a tertiary industry provide?
development
teaching and nursing
mining
research
10
Canadian Culture can be strongly influenced by foreign content with regard to.....
all of these
lyrics
performance
music and artists
11
International Business could include...
All of the above.
Owning a manufacturing factory in another country.
Owning a retail outlet in another country.
Importing goods from another country.
12
A branch plant is a...
a factory in Canada owned by the Government of Canada
a factory in Ontario owned by a business in Alberta
factory owned by a Canadian business in Canada
a factory owned by a US company in Canada
13
A mine in Canada is part of which industry?
tertiary
secondary
none of these
primary
14
Portfolio investment is ....
none of these
using money to start a business in another country
closing down a business in another country
buying shares in a business in another country
15
Domestic businesses...
are successful in the global market
domesticate animals
operate internationally
operate inside the country
16
Globalization?
A trend toward increasing trade among the world's countries.
A trend toward increasing human effort in production.
A trend toward increasing service goods and production.
A trend toward increasing the people over 15 can read.
17
Which industry produces capital or consumer goods?
tertiary
secondary
none of these
primary
18
Foreign Direct Investment(FDI) refers to:
Ownership of productive assets in a country other than yours
American War on Terror
Infiltration of societies by economic migrants
Foreigners investing in underdeveloped countries
19
Capital goods are ...
are products used by businesses
products used by individuals
extracted from the earth or sea
services provided to businesses and consumers
20
Your clothing is an example of....
primary goods
capital goods
consumer goods
tertiary goods
21
Is Scotland a country?
I don't know
Maybe
No
Yes
22
Canada was built and developed based primarily [mostly] on the.....
lumber trade
poutine trade
fur trade from beaver pelts
food trade
23
Capital intensive production is ....
production uses (relies on) greater proportion of labour
production uses (relies on) government
production uses (relies on) greater proportion of capital
production uses (relies on) greater proportion of wages
24
One benefit of international business is:
Access to markets
more and more stuff?
stuff
more stuff
25
Reliance on businesses/people for G/S is called.....
government dependence
interdependence
self-sufficiency
trade

BBB 4M - Ch.1 Flashcards | StudBud