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Questions and Answers
Which of the following actions are part of international business?
Which of the following actions are part of international business?
- Providing services only within a single country
- Investing in local businesses
- Selling products within a single country
- Exporting and importing goods (correct)
Which actors are involved in international business?
Which actors are involved in international business?
- Firms, government, and institutions (correct)
- Institutions only
- Government only
- Firms only
What is the purpose of trade in international business?
What is the purpose of trade in international business?
- To establish global institutions
- To promote economic integration (correct)
- To discourage foreign investment
- To create trade barriers
What is the role of currency in international business?
What is the role of currency in international business?
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What is the definition of international business?
What is the definition of international business?
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