stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
QUIZ - International Business Flashcards | StudBud
Explore
/
QUIZ - International Business
QUIZ - International Business
31 terms
·
StudBud Administration
·
70 plays
Business Management Quiz #sunderlanduniversitylondon #businessmanagement
Flashcards
31 cards
F
Practice quiz
P
Host live
L
Questions
31
Answers
1
The potential for sales abroad does what to the overall size of the market?
increases
shrinks
decreases
diminishes
2
What theory argues that a nations wealth should be judged by the living standards of its people
Theory of wealth
Living Standard Theory
Theory of absolute advantage
Theory of nations
3
Business that takes place between two or more countries is what?
International Business
Nation Business
Green Business
Country Business
4
This international trade theory states that a nation’s wealth depends on accumulated wealth
Mercantilism
Wealthism
Trading Bloc
Accumulation Theory
5
What has been a dominant aspect of economic life since the end of WWII?
Tariffs
Local Trade
International Business
Sales Tax
6
international trade theory says that trade shouldn’t be regulated or restricted by governments
Theory of trade
Theory of governments
Theory of free trade
Theory of absolute advantage
7
This trade theory supports maximizing exports through subsidiaries
Accumulation Theory
Export Trade Theory
NGOs
Mercantilism
8
If the US sells cars in Japan at a much lower price than most cars in Japan it is doing what?
Price-Dropping
Embargo
Tariff
Dumping
9
What is the trading bloc of European countries called?
European Union
Union of Europe Trade
Europe Trade Group
European Bloc
10
If the US is importing a more goods and services than they export they have a deficit in what?
Current Account
Export Account
Capital Account
Import Account
11
The organization that helps nations with financial difficulties in paying back loans or imports
International Monetary Fund
World Bank
World Finance Organization
International Finance Group
12
Which is a main reason for a company to enter the international market?
Desires for domestic locations
Desire for foreign locations
Changes in the international market
Changes in the domestic market
13
If the United States places a tax on foreign cars it is doing what?
Foreign Taxing
Dumping
Placing a Tariff
Embargo
14
Which is not a good quality of international managers?
Communication
Global Adaptability
Social inflexability
Social flexability
15
Most effective international managers are sent from the business headquarters in a different nation
False
True
16
The United States is doing what when they sell shipments of cars to Europe?
Dumping
Exporting
Importing
Embargo
17
This is given to managers before traveling abroad to reduce culture shock
Local Culture Training
Management Training
Air Travel Training
Cross Cultural Training
18
If the US buys lots of Fish and Chips from the UK what happens to the value of UK currency
Decreases
Shrinks
Diminishes
Increases
19
Development of what has stimulated global trade and investment?
Air Travel
NGOs
Tariffs
Trading Blocs
20
The United States is doing what when they buy fruit shipments from Brazil?
Embargo
Importing
Exporting
Dumping
21
If the United States limits the number of Japanese cars imported to 10,000 it has done what?
Formed a NGO
Placed a Quota
Placed an Embargo
Placed a Tariff
22
This is based on the ability of a nation to produce a good more efficiently than another nation
Theory of nation advantage
Theory of efficiency
Theory of absolute advantage
Theory of production
23
If the United States refusing to do business which Cuba it has placed what on Cuba?
Embargo
Sanctions
Tariff
Trading Bloc
24
International organization that creates and enforces rules governing trade between countries?
International Trade Organization
World Trade Organization
Enforcing Trade Organization
The International Organization
25
What records investment funds coming into and going out of a country?
Investment Records
Capital Account
Curren Account
Nation Fund Account
26
The headquarters of Coca-Cola would be called what?
Coca-Cola Firm
Parent Firm
Local Firm
Global Firm
27
What is the main reason for the growth of international business?
Peace
United States
Profit
Trade Alliances
28
What records the value of goods and services exported and those imported from foreigners?
Current Account
Foreign Account
Capital Account
Record Account
29
If a United States company is located in the United States the United States is called what?
Host Country
Trading Bloc
Home Country
NGOs
30
What is the trading bloc between the United States, Canada, and Mexico called?
US Canada Mexico Bloc
North American Trade Bloc
North American Free Trade Agreement
America Free Trade Alliance
31
If a company has production or service facilities in a foreign country that country is called?
Home Country
NGOs
Trading Bloc
Host Country
