A normal reaction to all the differences of another culture

The USMCA is stands for... and is a...

United States Mexico Canada...Free Trade Agreement

What is GDP per capita?

Gross Domestic Product divided by population, Gross Domestic Product for the country

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Questions 20

Answers

1
Culture Shock is...
A normal reaction to all the differences of another culture
Strongly held concepts that are present in a culture
Cultural customs that dictate how people act socially
A biased attitude of liking or disliking a specific culture
2
Calculate the markup % on a product that costs $50 and sells for $100
50%
25%
100%
200%
3
The wholesalers takes _______ of the goods while the agent ______.
none, takes all
possession, doesn't
none of the above
care, sells
4
The following is not a cultural determinant
Economic philosophy
Religion
Social Strata
Intelligence Quotient
5
The USMCA is stands for... and is a...
North American Free Trade Agreement
United States Mexico Canada...Free Trade Organization
United States Mexico Canada...Free Trade Agreement
United South Mexican Canada...Free Trade Agreement
6
When a company uses low pricing strategies to increase sales, it's using a _________ strategy
Low pricing
Advanced pricing
Penetration pricing
Leader pricing
7
Canada's economic system is called
Modern Mixed
Traditional Mixed
Market
Command
8
Which of the following is an economic system?
None of the above
All of the above
Traditional economies
Command economies
9
Shareholders are known as
People who partner with corporations
People who own corporations
People who work for corporations
People who trade with corporations
10
All are sources of primary data EXCEPT...
Focus Group
Observation
Survey
The internet
11
Which of the following is a main business function?
Marketing
Export
Trade
Advertising
12
What is GDP per capita?
Gross Domestic Product divided by population
Gross Domestic Product for the country
Gross Domestic Product in USD
Growth Domestic Product divided by population
13
Reliance of two or more groups on the actions of one another to fulfill certain wants or needs
Foreign Market
Exchange Rate
Interdependence
Off-Shorting
14
Odd and even pricing builds...
None of the above
Odd numbers into quality and even numbers into bargains
Odd dollar pricing into large quantities
Even dollar pricing into large quantities
15
The following is a trade bloc that allows for the free movement of labour, like in the EU...
Customs Union
Free Trade Agreement
WTO
Common Market
16
Which of the following are NOT part of the 4 P's?
Pricing
Product
Promotion
Performance
17
Expenditure GDP=
C+G+I-(X-M)
C+G+I+(X+M)
C+G+I+(X-M)
C+G+I-(X+M)
18
A country with exports of $120 million and imports of $50 million has a
Trade Surplus
Trade Deficit
High Inflation Rate
Foreign Debt
19
Which of the following is a type of infrastructure?
Transportation
Communications
Energy
All of the above
20
According to The Law of Demand, if price goes up, quantity demanded...
goes down
goes up
stays the same
increases exponentially

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