International Business Chapter 1 Test

24 Questions  I  By Christian_s on October 2, 2011
This test will confirm your knowledge of the basic Business history and definitions. Along with some statistics from our other assignments.

  
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1.  What is a Transaction?
A.
B.
C.
D.
2.  Trade with Mexico has developed since is signing in...
A.
B.
C.
3.  The middle east is traditionally centered on oil
A.
B.
4.  African imports to canada are very high.
A.
B.
5.  India's workforce is generally ______ and well educated.
6.  Japan became known for high quality _______ and _______.
7.  5 main ways for companies to participate in international business are: 1-Own a manufacturing plant in another country. 2-_________________. 3-_________________. 4-_________________. 5-Invest in a business in another country
8.  The United States' GDP is _______.
9.  _______ has the lowest GDP of __________. ____________ has the highest GDP of ___________.
10.  The capital of Norway is________. The capital of China is ___________.
11.  Canadian Top 10 Exports markets are __________________________.
12.  The 3 main areas of interdependence are _______industries, __________ industries, and ___________industries. 
13.  What are 5 major Primary Industries?
A.
B.
C.
14.  A Branch plant is a factory owned by a company based in ______ _________.
15.  Secondary industries make the finished goods available to the public.
A.
B.
16.  It costs apple $_______ to make the iPhone.
A.
B.
C.
D.
17.  The 3 best global brands are:
A.
B.
C.
18.  Another name for tertiary industries is service sector.
A.
B.
19.  A ______-_______ economy is an economy based on businesses owned by foreign interests.
20.  More than ___% of everything that Candians produce is exported.
21.  Canadia Trade increased $257 billion from 1989-2000 because of ________.
22.  List 3 benefits or positive outcomes that trade brings to Canada.
23.  Name 2 ways that International Business HELPS Canadians. Then, name 2 ways it HURTS canadians. 
24.  Blackberry (RIM) was created by 2 engineering students. They are: __________ and __________.
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