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Domestic vs International Trade
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Domestic vs International Trade

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Questions and Answers

Which country is located close to Canada and has easy trade relations?

  • Mexico
  • China
  • United States (correct)
  • England

    • Which type of international business arrangement allows a branch of a company to operate as an independent business in another country?

  • Licensing Agreement
  • Foreign Subsidiary (correct)
  • Joint Venture
  • Operating efficiencies

    • Who are the losers of a high Canadian dollar?

  • Canadian tourism
  • Exporters (correct)
  • Canadian Retailers
  • Importers

    • Why is Canada considered a trading nation?

    <p>Because Canada trades a lot of primary resources with other countries</p> Signup and view all the answers

    What is the difference between foreign direct investment and portfolio investment?

    <p>Foreign direct investment allows control over the business operations, while portfolio investment does not</p> Signup and view all the answers

    Why has globalization increased dramatically over the past few decades?

    <p>Because trade agreements have been created between countries</p> Signup and view all the answers

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