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International Business and Trade Norms Quiz

10 Questions

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International Business and Trade Norms Quiz

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Questions and Answers

What is one of the objectives at the end of Unit 1?

Define trading terminologies

Recognize the evolution of trade (correct)

Elaborate on the various theories of international business and trade

Identify the role of the government and international organizations in international business and trade

What is one of the trading terminologies defined in Unit 1?

Division of labor (correct)

Monopolistic competition

Trade deficit

Market economy

What is the role of the government and international organizations in international business and trade?

Promote protectionism

Facilitate free trade (correct)

Regulate trade barriers

Encourage monopolies

What is one of the theories of international business and trade discussed in Unit 1?

Industrial capitalism Signup and view all the answers

What is the copyright status of this material?

Which of the following is NOT one of the objectives at the end of Unit 1?

Define trading terminologies Signup and view all the answers

What is the duration of Unit 1?

5 weeks Signup and view all the answers

What is the website of REX Book Store, Inc.?

<a href="http://www.rex.com.ph">www.rex.com.ph</a> Signup and view all the answers

Which of the following is NOT a trading terminology defined in Unit 1?

Monetary policy Signup and view all the answers

What is the copyright status of the material?

Study Notes

Objectives of Unit 1

One of the objectives at the end of Unit 1 is not specified.

Trading Terminologies

One of the trading terminologies defined in Unit 1 is not specified.

Role of Government and International Organizations

The government and international organizations play a role in international business and trade.

Theories of International Business and Trade

One of the theories of international business and trade discussed in Unit 1 is not specified.

Copyright Status

The copyright status of this material is not specified.

Objectives of Unit 1 (continued)

One of the objectives at the end of Unit 1 is not "NOT one of the objectives."

Duration of Unit 1

The duration of Unit 1 is not specified.

REX Book Store, Inc.

The website of REX Book Store, Inc. is not specified.

Trading Terminologies (continued)

One of the trading terminologies NOT defined in Unit 1 is not specified.

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Description

Test your knowledge of international business and trade norms with this quiz! Explore topics such as copyrights, distribution, and transmission of materials without prior written consent. Put your understanding to the test and see how well you know the rules and regulations in this field.