study test

Question 1

Microcredit is used to

Answer 1

Spur entrepreneurship

Question 2

which of the following trade organizations main activities include lending money to developing countries, and providing training in banking regulations and exchange rates

Answer 2

The world bank

Question 3

fair trade means

Answer 3

The workers have been paid fair wages. The products are produced and safe conditions that the right to join a union is made possible so all of the above.

Question 4

Coca-Cola’s decision to sell Coke throughout the world using different marketing strategies and local management is an example of which globalization strategy

Answer 4

transnational 

Question 5

predatory dumping in an international business context has the following characteristics

Answer 5

An exporter will lower the price to force the competition out of business and the host country, and then raise the prices

Question 6

The benefits of a common currency, such as the euro used by the EU include

Answer 6

Increased stability for exporters, importers, tourist, investors and creditors.

Increased, returns on investment and speculation on foreign currency markets.

Less incentive for employees to leave to work in other countries so all of the above

Question 7

which of the following is considered to be an illegal exchange in the business context

Answer 7

Making a small payment to encourage people to negotiate faster

Question 8

secondary stakeholders affect a company, but do not directly influence its success, or contribute to his probability, which of the following is a secondary stakeholder

Answer 8

Media

Question 9

Which of the following trade organizations three main purposes are to provide a forum for negotiations, a set of rules and dispute settlement

Answer 9

World Trade Organization

Question 10

which of the following is not true of the European Union

Answer 10

All member countries have implemented the euro as their currency

Question 11

which of the following is true of tax treaties

Answer 11

Make business operations more predictable for companies, expanding globally

Question 12

The multi domestic strategy to globalization is best described as a strategy that

Answer 12

Customizes products, services and marketing for local cultures

Question 13

Primary stakeholders, directly affect accompany, and its probability, which of the following is an example of a primary stakeholder

Answer 13

creditors/banks

Question 14

Which of the following is an example of corporate social responsibility, maximizing profits to the shareholders

Answer 14

Making charitable donations

Question 15

The trade organization with 30 member countries established in 1961 to promote the advancement of democracy and market economies

Answer 15

OECD

Question 16

The trade organization that unite 21 of the countries surrounding the Pacific Ocean to cooperate on regional trade, is not established by treaties, but based on consensus and commitments are voluntary

Answer 16

UN

Question 17

The international organization that provides a forum and sets regulations to promote trade liberalization throughout the world

Answer 17

WTO

Question 18

The trade organization encompassing the major economies of the world which meet to discuss macro economic issues

Answer 18

G8

Question 19

A trade organization established provide a discussion forum for the major economies of the world beyond the group of eight

Answer 19

G20

Question 20

An organization with 186 member countries, whose purpose is to promote financial stability, prevent and solve economic crisis, encourage growth and lessen poverty

Answer 20

IMF