OPPORTUNITY, MORE OR LESS
INTERNATIONAL
TRADE
U.S. EXPORTS
AND IMPORTS
TO TRADE OR
NOT TO TRADE
ENTERING FOREIGN MARKETS
UT TRIVIA
100


DEVELOPING COUNTRY WITH HIGH GROWTH POTENTIAL

WHAT IS AN EMERGING MARKET

100

ALLOWS COUNTRIES TO TRADE SERVICES GLOBALLY

WHAT IS THE INTERNET, OR TECHNOLOGY

100

U.S. EXPORTS OF THIS CATEGORY ARE NET POSITIVE

WHAT IS SERVICES

100
WHAT TELEPHONE SWITCHING COMPANY NOW VIES FOR APPLE'S BUSINESS IN SMALLER ASIAN MARKETS

WHAT IS HUAWEI

100

TRADE AGREEMENT BETWEEN THE U.S., CANADA, AND MEXICO

WHAT IS USMCA (REPLACED NAFTA)

100

NAME OF THE UT MASCOT

WHAT IS SPARTY

200

BALANCE OF TRADE WHEN EXPORTS > IMPORTS

WHAT IS A TRADE SURPLUS

200

PRODUCTS NOT EASILY TRADED DUE TO INHERENT CHARACTERISTICS

WHAT ARE NON-TRADEABLE GOODS SERVICES

200

THIS TYPE OF COMPANY HAS A PHYSICAL PRESENCE IN 2 OR MORE COUNTRIES


WHAT IS MULTI-NATIONAL

200

OCEANS AND MOUNTAINS ARE EXAMPLES OF THESE OBSTACLES TO TRADE

WHAT ARE PHYSICAL BARRIERS

200

A COMPANY IN ONE COUNTRY PURCHASED BY A COMPANY IN ANOTHER COUNTRY

WHAT IS A FOREIGN SUBSIDIARY

200

THIS RIVER BORDERS THE UT CAMPUS

WHAT IS THE HILLSBOROUGH RIVER

300

BALANCE OF TRADE WHEN IMPORTS > EXPORTS

WHAT IS A TRADE DEFICIT

300

GOVERNMENTS USE THESE TO SHIELD DOMESTIC INDUSTRY FROM GLOBAL COMPETITION

WHAT ARE TRADE BARRIERS

300

TAX IMPOSED BY A GOVERNMENT TO SHIELD PRODUCERS FROM FOREIGN COMPETITION

WHAT IS A TARIFF

300

TECHNICAL RESTRICTIONS OR REGULATIONS THAT FAVOR DOMESTIC PRODUCERS

WHAT ARE NON-TARIFF BARRIERS

300

A TYPE OF FOREIGN EXPANSION THAT HAS HIGH STARTUP FEES AND COLLECTS ROYALTIES

WHAT IS AN INTERNATIONAL FRANCHISE

300

HE HIT A 500 FOOT HOME RUN ON THE UT CAMPUS

WHO IS BABE RUTH

400

WHEN GOODS AND SERVICES HAVE THE LOWEST OPPORTUNITY COST

WHAT IS A COMPARATIVE ADVANTAGE

400

FORUM FOR COUNTRIES TO NEGOTIATE TRADE

WHAT IS THE WORLD TRADE ORGANIZATION (WTO)

400

A RESTRICTION ON THE OVERALL QUANTITY OF A GOOD IMPORTED INTO A COUNTRY

WHAT IS A QUOTA

400

STRATEGY THAT AVOIDS TRANSPORTATION AND EARNS $$ ON EACH PRODUCT PRODUCED AND SOLD

WHAT IS LICENSING

400

AFTER DOMINATING ITS DOMESTIC MARKET, HUAWEI ENTERED THESE MARKETS

WHAT ARE EMERGING MARKETS

400

THE TALLEST BUILDING ON THE UT CAMPUS (SO FAR)

WHAT IS JENKINS HALL

500

THE VALUE OF THE NEXT BEST THING

OPPORTUNITY COST

500

THE YEAR THE WTO WAS STARTED

WHAT IS 1995

500

AN ITALIAN COMPANY CONTRACTS WITH A U.S. COMPANY TO MANUFACTURE PRODUCTS

WHAT IS CONTRACT MANUFACTURING

500

HIGHEST RISK OPTION TO ENTER A FOREIGN MARKET

WHAT IS FOREIGN DIRECT INVESTMENT

500

THE DIFFERENCE BETWEEN EXPORTS AND IMPORTS

WHAT IS THE BALANCE OF TRADE

500

HER VISIT TO UT IN 2012 WAS A CROWNING MOMENT

WHO IS QUEEN ELIZABETH

M
e
n
u