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International Trade 2

Quiz by Alireza Khorshidi

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10 questions
Show answers
  • Q1

    What is NOT a strategy to enter international markets?

    Strategic Investment

    Exporting

    Licensing

    Foreign Direct Investment 

    120s
  • Q2

    On what type of following international strategy, the business has the most control over the risks, profit, and commitment?

    Exporting

    Franchising

    FDI

    Joint Venture

    120s
  • Q3

    A firm may decide to compete in a global market by  the right to manufacture its product or use its trademark to a foreign company for a fee (a royalty).

    FDI

    Franchising

    Licensing

    Joint Venture

    120s
  • Q4

    Basically a partnership in which two or more companies (often from different countries) join to undertake a major project or to form a new company.

    Joint Venture

    Foreign Direct Investment

    Exporting

    Licensing

    120s
  • Q5

    Which type of analysis is  mostly concerned with internal business environment?

    PESTEL Analysis

    Porter's Five Forces

    SWOT Analysis

    Opportunity/Threat Analysis

    120s
  • Q6

    Microeconomics looks at the behavior of people and organizations in particular markets.

    true
    false
    True or False
    120s
  • Q7

    Economics is____

    Study of  resources,  goods and services.

    Study of how society chooses to employ resources to produce goods and services and distribute them.

    Study of how wealthy a society is.

    Study of how society consume  resources such as goods and services.

    120s
  • Q8

    A _____ is two or more consecutive quarters of decline in the GDP.

    Recession 

    Depression

    Booming

    Expansion

    120s
  • Q9

    What is NOT an Intellectual Property?

    Movies

    Book

    Office Space

    Art

    120s
  • Q10

    GDP, by itself, will indicate the quality of life of any country.

    false
    true
    True or False
    120s

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