Question
Companies at the fourth stage of developing their global business: A. set up foreign subsidiaries to handle sales in one country. B. operate in one
Companies at the fourth stage of developing their global business:
A. | set up foreign subsidiaries to handle sales in one country. | |
B. | operate in one country and sell into others. | |
C. | operate an entire line of business in another country. | |
D. | have their top executives and core corporate functions located in different countries, |
Which of the following statements is true of the term quota?
A. | It refers to a limit on the amount of a specific product that can enter a country. | |
B. | It refers to the exclusion of all products from certain countries or companies. | |
C. | It refers to a tax levied on the goods entering a country. | |
D. | It refers to an agreement to stimulate international trade. |
Which term refers to the difference between the value of a countrys exports and the value of its imports over a given period?
A. | Balance of trade | |
B. | Balance of payment | |
C. | Gross domestic product | |
D. | Gross national product |
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