Haunted Halloween History
This ancient Celtic festival is the origin of Halloween.
What is Samhain
A tax placed on imported goods to make them more expensive.
What is a tariff?
The value of one country’s money compared to another.
What is an exchange rate?
Shipping delays, tariffs, and customs are examples of these export issues.
What are trade barriers?
Shared values, beliefs, and practices of a group.
What is culture?
This country is considered the birthplace of Halloween.
What is Ireland?
Selling goods or services to another country.
What is exporting?
The ¥ symbol represents this currency.
What is the Japanese yen?
A limit on the quantity of goods a country can import.
What is a quota?
Understanding this helps businesses avoid offending customers abroad.
What is culture / cultural awareness?
Before pumpkins, people carved this vegetable into lanterns.
Turnips
A government ban on trade with a certain country.
What is a trade embargo?
When the Canadian dollar strengthens, exports become this.
What is more expensive?
This type of barrier uses rules or standards instead of tariffs to restrict trade.
What is a non-tariff barrier?
A business adapts its products or ads to suit a foreign market, this is called _______.
What is localisation or adaptation?
This Latin American holiday honors the dead with altars and marigolds instead of trick-or-treating.
What is Día de los Muertos?
This type of agreement reduces or removes barriers to international trade.
What is a free trade agreement?
Companies use this financial strategy to protect themselves from currency risk.
What is hedging?
This global crisis recently caused supply chain disruptions worldwide.
What is COVID-19?
In Japan, this common Western gesture is considered rude in meetings.
What is pointing (or excessive contact)?
Halloween became popular in North America during this century.
What is the 19th Century?
The USMCA, EU, and ASEAN are all examples of this type of trade organization.
What is a regional trade agreement?
This international organisation helps stabilise exchange rates and global currencies.
What is the International Monetary Fund (IMF)?
One way businesses can overcome export challenges.
What is diversifying markets, local partnerships, or insurance?
Colour meanings differ worldwide; in China, this colour symbolises good luck.
What is red?