A command economy operates on the forces of supply and demand. T Or F
What is False
100
An outbreak of civil war within a country is an example of political risk. T Or F
What is True
100
The first step of importing activities is to determine demand. T or F
What is True
100
Civil laws are enacted and revised by a body of lawmakers specifically established for the purpose of making laws. T or F
What is False
100
The zip Code For Matoaca High school is
What is 23838
200
The 4 factors to be considered in the international business environment are
What are geographic, cultural/social, legal/poltical, and economic factors.
200
72% of US Business are this form of a business
What is a sole proprietorship
200
An export document that serves as a certificate of the birth place of a good is called
What is a certificate of origin
200
A mediator's advice is not a ________ decision
What is binding
200
The first state in the union was
What is Delaware
300
The availability of ______ resources affects the economic conditions of a country.
What are natural
300
NAFTA is an example a
What is free trade agreement
300
The one of the WTO primary responsibilities may be
What is dealing with rules of trade between nations,
helping producers of goods and services, exporters, and importers conduct their business, or encourages international trade
300
The U.S. functions based on this legal system's law type
What is common law
300
How many teams are in the NFL
What are 32
400
The 4th step in the decision making process is
What is to make a choice
400
This was implemented 50 years ago against Cuba to impact its international trade
What is a trade embargo
400
The US is importing more Toyota's and exporting less Ford's. This is an example of a
What is Trade defecit
400
One of the most notorious type of product liability that occurs is called
What is negligence
400
What is the name of the program implemented at Matoaca High to assist student learning in the middle of the day
What is L & L
500
The market price is
What is the point where supply and demand intersect
500
What is the main impact of civil unrest in a country where international business is taking place
What is in adequate to non existent business operations
500
The 3 factors that affect business competition are
What are the number of companies, business costs, and product differences
500
The 3 types of property are
What real property, personal property, and intellectual property.
500
What is the last day of school for teachers and students