lists Flashcards

1
Q

Five primary financial centers in the world

A

New York, London, Paris, Rome, Zurich

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2
Q

Five POSSIBLE PARTICIPANTS IN AN INTERNATIONAL TRADE TRANSACTION INVOLVING A BANKER’S ACCEPTANCE

A

IMPORTER, EXPORTER, IMPORTER’S BANK, EXPORTER’S BANK, FOREIGN CORRESPONDENT BANK

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3
Q

Five PRIMARY REASONS FOR THE EXISTENCE OF INTERNATIONAL BUSINESS

A

lower labor costs in foreign countries
economies of scale unequal distribution of natural resources
lack of capital in foreign countries
specialization of production

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4
Q

Five TYPES OF FIRMS THAT PROMOTE THE DEVELOPMENT OF INTERNATIONAL BUSINESSES (NOT GOVERNMENTALLY SPONSORED AGENCIES)

A

banks
transportation companies
insurance companies
marketing research firms
accounting firms

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5
Q

Five REASONS ADVANCED FOR BARRIERS TO INTERNATIONAL BUSINESSES

A

to protect developing industries
to protect against loss of American jobs
to maintain vital industries
for health reasons
for national security

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6
Q

Four GOVERNMENTALLY SPONSORED agencies that promote international business

A

United States Department of Commerce
Agency for International Development
Export-Import Bank
World Bank

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