What is Balance of payments is favorable when a country receives more money into it than it pays out?
100
Aruba has become globally known for its white sandy beaches. It is relied upon by many travelers from other countries to enjoy its beaches at a reasonable cost. This is an example of what type of ADVANTAGE
What is Absolute?
100
United States has become globally known for its production of wheat more resourcefully. It can produce the product with less human resources. This is an example of what type of ADVANTAGE
What is Comparative?
100
Several Prime Ministers of East African countries are negotiating the trade of products and services throughout the Eastern region. This is an example of which encouragement of international trade
What is Common markets?
100
An organization assisted two countries on settling a trade disagreement on tariffs. This action is an example of assistance provided by which international trade organization
What is World Trade Organization?
200
If China has rising interest rates and inflation occurring across the country, this is an example of which factor that influences international currency exchange
What is Economic conditions?
200
India limits the amount of imported wheat products to protect its own industry. This is an example of which international trade barrier
What is Quotas?
200
The North American Free Trade Association (NAFTA) eliminates tariffs and embargoes among its members while trading goods and services. This is an example of which encouragement of international trade
What is Free-trade agreement?
200
Laos has limited infrastructure that will hinder international businesses to conduct transactions in it. This country depends heavily on the agricultural industry. Which main factor of the international business environment is this information about this country classified
What is Economic development?
200
Before arriving at meetings in other countries to negotiate contracts for a company located in the United States, Stacy learns about appropriate business behavior of the other countries. Which main factor of the international business environment is this information she learns classified
What is Cultural influences?
300
An organization assisted two countries on settling a trade disagreement on the amount of bananas to be traded. This action is an example of assistance provided by which international trade organization
What is World Trade Organization?
300
A convenience store gave the rights to a company in Mexico to sell its products and services. This is an example of which global marketplace main entry mode
What is Franchising?
300
The government of the United States allows consumers to make decisions about goods and services consumed. Which main factor of the international business environment is this information about this country classified
What is Political and legal concerns?
300
Due to the high volume of travelers visiting the United Kingdom, the country has set up duty-free shops in highly visited areas. This is an example of which encouragement of international trade
What is Free-trade zone?
300
India's terrain allows for its major production of rice, cotton, and wheat. Which main factor of the international business environment is this information about India classified
What is Geography?
400
Alaska produces more salmon by the pound than any other state that exports salmon. This is an example of what type of ADVANTAGE
What is Absolute?
400
If a country is in a civil war and its government changes abruptly, this is an example of which factor that influences international currency exchange
What is Political stability?
400
Syria is banned from selling products within other countries. This is an example of which international trade barrier
What is Embargo?
400
Trades amongst international businesses?
What is Foreign?
400
include the sales of goods and services purchased to indicate the spending patterns
What is retail sales?
500
includes the total wages and salaries plus investment income and government payments to individuals
What is Personal Income?
500
includes the people of the labor force that are unemployed, are looking for work, willing to work, and unable to find work
What is Unemployment Rate?
500
includes paying employees and buying supplies and other goods and services
What is Government Spending?
500
is the process of choosing which needs or wants will be satisfied
What is Economic Decision Making?
500
is the value of the next-best alternative that is forgone to produce or obtain another product