8.What is one of the four ongoing activities that support the growth of international trade?

International Monetary Fund (IMF)

a tax imposed by a government on goods that are imported into the country

6.A balance-of-payments statement for a country reveals

a record of the country's financial condition.

2.What is considered the most critical difference between domestic marketing and international marketing?

the environment in which marketing plans must be implemented

1. How did GATT prevent the repeat of the economic disaster that occurred after World War II?

It provided a forum for member countries to negotiate a reduction of tariff

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International Marketing & Trade

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Questions 8

Answers

1
8.What is one of the four ongoing activities that support the growth of international trade?
International Monetary Fund (IMF)
Warsaw Pact
Kyoto Protocol
World Summit on Sustainable Development
2
7.What is a tariff
a tax imposed by a government on goods that are imported into the country
a tax levied by a government on goods being exported out of the country
a limit on the amount of goods that can be imported into the country
a limit on the amount of goods that can be exported out of the country
3
5.The system of accounts that records a nation's international financial transactions is most accurately called its
supply chain management system.
gross domestic product system.
net domestic product payments.
balance of payments
4
4.A natural outcome of a person's SRC is _____ that also creates a concern for the international marketer
sympathy
empathy
self-actualization
ethnocentrism
5
6.A balance-of-payments statement for a country reveals
a record of the country's financial condition.
a comparison of one country's finances to another country's debt.
how rich or poor a country is financially
a balanced budget for the country.
6
2.What is considered the most critical difference between domestic marketing and international marketing?
the environment in which marketing plans must be implemented
the difference in marketing theories being followed
the difference in marketing principles being followed
the different concepts of marketing
7
3.________ is a controllable element for an international marketer.
Cultural forces
Geography and infrastructure
Channels-of-distribution
Level of technology
8
1. How did GATT prevent the repeat of the economic disaster that occurred after World War II?
It provided for a third party, the United Nations, to negotiate peace treat
It provided short-term loans to struggling nations
It fostered isolationism for nations that were market leaders.
It provided a forum for member countries to negotiate a reduction of tariff

International Marketing & Trade Flashcards | StudBud