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International Business and Trade in 2020 Quiz

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International Business and Trade in 2020 Quiz

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Questions and Answers

What is the primary goal of a firm needing tight control over a foreign entity in order to maximize its market share and earnings in that country?

Minimizing competition from other international companies

Controlling government policy in the host country

Ensuring compliance with international monetary systems

Maximizing market share and earnings in the foreign country (correct)

What does the host government place a high value on when there are few comparable alternatives available?

The stability of the international monetary systems

The firm's compliance with trade flow theories

What the firm has to offer (correct)

The firm's spot exchange rates

What is the second goal of the module discussing international monetary systems?

Exploring the functions of the foreign exchange market

Appreciating the role of forward exchange rates in managing foreign exchange risk (correct)

Maximizing market share and earnings in foreign countries

Understanding the impact of government policy on international trade

What should a reader be familiar with after reading the chapter on international monetary systems?

<p>Functions of the foreign exchange market</p> Signup and view all the answers

What does LO3 aim to make the reader appreciate?

<p>The role of forward exchange rates</p> Signup and view all the answers

International Business and Trade in 2020 Quiz

Choose a study mode

Podcast

Questions and Answers

What is the primary goal of a firm needing tight control over a foreign entity in order to maximize its market share and earnings in that country?

What does the host government place a high value on when there are few comparable alternatives available?

What is the second goal of the module discussing international monetary systems?

What should a reader be familiar with after reading the chapter on international monetary systems?

What does LO3 aim to make the reader appreciate?

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