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International Marketing Flashcards | StudBud
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International Marketing
International Marketing
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Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
What is a main characteristic of money?
indestructibility
scarcity
greenness
rarity
2
What is a medium of exchange?
An accepted value in exchange for goods and services
A medium in which money is traded
The level between mild and spicy exchange rates
A place in which money changes hands
3
When moneys value decreases...
Inflation occurs
Vernon Couch
the value of money decreases
deflation occurs
4
The World Banks function is to
Make the rich richer
support wars
provide a stable global economy
Assist less developed countries
5
Low risk leads to
high reward
no reward
marginal reward
low reward
6
If i am exchanging us dollars for yen, how many yen will I receive for my 21 dollar salary
8.66
1788.77
3401.64
2238.95
7
Which is not a common payment method
Sale on account
Bartering
Cash in advance
Letter of credit
8
Divisibility occurs when
8/3
the world bank enters recession
market shares are even
currency is split into smaller units
9
Supply and Demand is a...
Economic Factor
Political Factor
Exchange Rate
Payment Method
10
What is a soft currency
hard currency during a depression
paper money
money that lacks durability
a currency difficult to exchange
