10 Questions
Which term refers to the manufacturing and/or sale of goods and services to satisfy the needs and wants of consumers to make a profit?
Business
What does HBC stand for?
Hudsons Bay Company
What is the term for the movement of goods, services, technology, investment, ideas, and people throughout the world?
Globalization
What is the term for the business practice of hiring a party outside a company to perform services or create goods?
Outsourcing
When a business in Canada develops a relationship with a business in another country, what is that country considered to be with Canada?
Trading Partner
Which term refers to business transactions that are conducted between different countries?
International Business
What is the term for the transfer of the ownership of goods or services from one country to another in exchange for other goods or services or for money?
Trade
What is the term for a business that is based within the borders of the country in which it operates?
Domestic Business
What does HBC stand for?
Hudsons Bay Company
What is the term for the business practice of hiring a party outside a company to perform services or create goods?
Outsourcing
Test your knowledge of key terms related to international trade with this quiz. Explore terms such as business, domestic business, international business, and more.
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