Quiz: International Business Questions Part- I

45 Questions | By Mkandido | Updated: Mar 20, 2022 | Attempts: 350

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Welcome to the International Business Questions Part- I quiz. This test covers the following topical standards: Standard I-International Business Vocabulary and Definitions Standard II--Examples of International Trade Locally Standard III--Impact of Geography on International Business Standard IV--International Business Careers

Questions and Answers

1.

The process of using natural resources, materials, or finished products to satisfy human wants or needs is called.... (Standard I-International Business Vocabulary and Definitions)
- A.
  
  Consumption
- B.
  
  Resources
- C.
  
  Trade
- D.
  
  Export
2.

A way to measure the impact of a person, product, or process on Earth’s climate; it refers to the amount of greenhouse gases released is called what? (Standard I-International Business Vocabulary and Definitions)
- A.
  
  Human footprint
- B.
  
  Imports
- C.
  
  Tariffs
- D.
  
  Exports
3.

On every coin or banknote, there is a denomination. What does denomination mean? (Standard I-International Business Vocabulary and Definitions)
- A.
  
  What religion that country is
- B.
  
  How much it is worth in numbers
- C.
  
  The date when they made it
- D.
  
  The conversion rate
4.

Some coins are minted in color.
- A.
  
  True
- B.
  
  False
5.

When you see a coin from Canada or Australia with Queen Elizabeth on it, what does that mean about Canada and Australia? (Standard III--Impact of Geography on International Business)
- A.
  
  That Canada and Australia were colonized by England
- B.
  
  That Canada and Australia love Queen Elizabeth
- C.
  
  That Queen Elizabeth is their president
- D.
  
  That Canada and Australia were once one country
6.

A nation’s money—can be in coins or banknotes. For example, yuan, yen, rupee, etc. (Examples of International Trade Locally)
- A.
  
  Currency
- B.
  
  Trade
- C.
  
  Translate
- D.
  
  Culture
7.

A person who buys products or services. ( Standard I-International Business Vocabulary and Definitions)
- A.
  
  Consumer
- B.
  
  Entrepreneur
- C.
  
  Seller
- D.
  
  Franchise
8.

This word comes from the base “busy” + ness, or the act of being busy with money, financial, transactions, sales, and purchasing. (Standard I-International Business Vocabulary and Definitions)
- A.
  
  Banking
- B.
  
  Business
- C.
  
  Salesperson
- D.
  
  Financial institution
9.

Some words that are similar (synonyms) include global, world, worldwide, and foreign.It is also the name of this class. ( Standard I-International Business Vocabulary and Definitions)
- A.
  
  Adidas
- B.
  
  Domestic
- C.
  
  National
- D.
  
  International
10.

Kavi was a little boy in India who was forced into modern day slavery. What was he forced to make? (Standard III--Impact of Geography on International Business)
- A.
  
  Clothing
- B.
  
  Sarees
- C.
  
  Bricks
- D.
  
  Cricket bats
11.

What is a multi-national coorporation? (Standard IV--International Business Careers)
- A.
  
  A business that makes money by selling food, like McDonald's
- B.
  
  A business that is very popular
- C.
  
  A big business that is located in many states and cities, for example McDonald's, Adidas, Coke
- D.
  
  A big business that is located in many countries, for example McDonald's, Adidas, Coke
12.

What is an import (Standard I-International Business Vocabulary and Definitions)
- A.
  
  Product, good or service that is brought into another country
- B.
  
  Product, good or service that is taken out of a country
- C.
  
  Bananas
- D.
  
  Cofee
13.

Which player in cricket stands behind the wickets? (Examples of International Trade Locally)
- A.
  
  Batsman
- B.
  
  Wicket keeper
- C.
  
  Bowler
- D.
  
  Umpires
14.

When you are underpaid, you are paid enough to live on. (Standard I-International Business Vocabulary and Definitions)
- A.
  
  True
- B.
  
  False
15.

What is the capital of Thailand
- A.
  
  Pattaya
- B.
  
  Bangkok
- C.
  
  Hua Hin
- D.
  
  Lop Buri
16.

What is a border? (Standard I-International Business Vocabulary and Definitions)
- A.
  
  A line
- B.
  
  A graph
- C.
  
  A division
- D.
  
  Start or end of something and is invisible, like a boundary or limit
17.

What is a market? (Standard I-International Business Vocabulary and Definitions)
- A.
  
  A place where you sell or buy goods
- B.
  
  WalMart
- C.
  
  Baker's
- D.
  
  EBay
18.

What is India's main sport? ( Standard III--Impact of Geography on International Business)
- A.
  
  Cricket
- B.
  
  Soccer
- C.
  
  Basketball
- D.
  
  Field hockey
19.

It takes 6 tankers of what to make one U.S. baby's supply of diapers (Examples of International Trade Locally)
- A.
  
  Crude oil
- B.
  
  Wood
- C.
  
  Plastic
- D.
  
  Huggies
20.

What is the currency of all of Europe?
- A.
  
  Euro
- B.
  
  Yen
- C.
  
  Yuan
- D.
  
  U.S. Dollar
21.

In cricket, what does a bowler do?
- A.
  
  Bowl the ball
- B.
  
  Hit the ball
- C.
  
  Catch the ball
- D.
  
  All of the above
22.

What is the United States' main import? ( Standard III--Impact of Geography on International Business)
- A.
  
  Beverages
- B.
  
  Cars
- C.
  
  Textiles
- D.
  
  Shoes
23.

Harsha Boghle said that the game of cricket has changed. How has it changed? (Examples of International Trade Locally)
- A.
  
  Went from being a game of 5 days to a game of Twenty20 (a shorter game)
- B.
  
  It was an English game and now it is a Indian sport
- C.
  
  They used to have 11 players and now they have 12 players
- D.
  
  They never had a wicket keeper before
24.

What is the resource that makes your cell phone small (hint it is from DRC)? ( Standard III--Impact of Geography on International Business)
- A.
  
  Coltan
- B.
  
  Silver
- C.
  
  Gold
- D.
  
  Lead
25.

How many people are trapped in modern day slavery now?
- A.
  
  14,000
- B.
  
  14 million
- C.
  
  27 million
- D.
  
  27 billion