Marketing I Final Exam Review
Quiz by Ephraim Lamanilao
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15 questions
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- Q1Offices and manufacturing plants established abroad by domestic businessesForeign direct investment30s
- Q2Goods and services sold to other countries.exports30s
- Q3Large companies with a great number of foreign branches and affiliatesmultinationals30s
- Q4Coalition of nations that makes rules governing international tradeWTO30s
- Q5Restrict imports in order to protect domestic industries.protectionism30s
- Q6A ban on certain goods entering or leaving countryembargo30s
- Q7The monetary difference between a country’s imports and exports.balance of trade30s
- Q8Limits either the quantity or monetary value of an imported product.quota30s
- Q9Use of trademark, patent, or company name for a fee.licensing30s
- Q10Taxes on goods entering a countrytariff30s
- Q11The process of selling the same product and using the same promotion methods in all countriesglobalization30s
- Q12The process of hiring a foreign manufacturer to make products according to certain specificationscontract manufacturing30s
- Q13Commercial exchange between nations that is conducted on free market principles, without tariffs, import quotas, or other restrictive regulationsfree trade30s
- Q14The exclusive right to reproduce or sell a work authored by an individual, such as writings, music, and artworkcopyright30s
- Q15Competition based on factors that are not related to price, such as product quality, service and financing, business location, and reputation.non-price competition30s