Podcast
Questions and Answers
What is the term for making, buying, and selling goods and services within a country?
What is the term for making, buying, and selling goods and services within a country?
- Transnational trade
- Domestic business (correct)
- Global commerce
- International business
Which country is mentioned as being dependent on other countries for almost all of its oil?
Which country is mentioned as being dependent on other countries for almost all of its oil?
- Japan (correct)
- United States
- Brazil
- Canada
What is the basis of the complex business system in the country mentioned in the text?
What is the basis of the complex business system in the country mentioned in the text?
- Specialization (correct)
- Globalization
- Industrialization
- Centralization
Which term refers to nations that have extensive production and distribution facilities?
Which term refers to nations that have extensive production and distribution facilities?
What historical event led to people depending on others for goods and services?
What historical event led to people depending on others for goods and services?
True or false: In the early days of Ethiopian Civilization, most families did not grow the food they ate and make the clothes they wore.
True or false: In the early days of Ethiopian Civilization, most families did not grow the food they ate and make the clothes they wore.
True or false: The country mentioned in the text has a simple business system based on generalization.
True or false: The country mentioned in the text has a simple business system based on generalization.
True or false: Nations with extensive production and distribution facilities have complete economic independence.
True or false: Nations with extensive production and distribution facilities have complete economic independence.
True or false: Most business activities take place outside a country's own borders.
True or false: Most business activities take place outside a country's own borders.
True or false: Purchasing a soft drink made in your own country is considered international business.
True or false: Purchasing a soft drink made in your own country is considered international business.
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