1, which of the following is critical international legal agreement that applies services?

GATT

GATS

Incoterms

CISG

2. Which of the following is an accounting framework that incorporates the social environmental and financial performance dimensions?

generally accepted accounting principles (GAAP)

international financial reporting standards (IFRS)

public sector accounting standards (PSAS)

triple bottom line (TBL)

3. Natural disasters, terrorism and social unrest in a foreign market are all factors that can contribute to what type of risk?

Hedging

Physical foreign asset

Political

Social

4. What is the primary commercial risk concern for importers starting new international ventures?

		Suppliers living up to their commitments.
		Getting paid in accordance with conditions of sale.
		Target market's international reserve position.
		Creeping or outright expropriation.