International Business Quiz! Trivia Facts

12 Questions | Total Attempts: 541

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International Business Quiz! Trivia Facts

How many International business trivia facts do you know? Businesses in the world today and not just satisfied in operating locally but desire to spread their services and products beyond their borders. There are different factors that affect the functionality and productivity of such a business. What are some of the laws governing international business? Do get to test your understanding of the commercial activities by taking this quiz.


Questions and Answers
  • 1. 
    The main reason for international business is ...
    • A. 

      Profit

    • B. 

      Dancing

    • C. 

      Traveling

    • D. 

      Entertainment

  • 2. 
    What does WTO stand for?
    • A. 

      World taco orientation

    • B. 

      World trade organization

    • C. 

      Wide trailer abroad

  • 3. 
    Which one is NOT the reason for international Business?
    • A. 

      Business is more profitable in other countries

    • B. 

      Sales at home are small

    • C. 

      Operttunities may be abundent

    • D. 

      Because its just cool

  • 4. 
    An organization that its main purpose is to help countries to develop basic industries and facilities such as roads and power plants.
    • A. 

      WTO

    • B. 

      NAFTA

    • C. 

      EU

    • D. 

      IMF

  • 5. 
    The ________________provides low costs and long term lones to less developed countries.
  • 6. 
    _______________is has the 15 countries as members.
  • 7. 
    ___________brought these countries together as a single market.
  • 8. 
    _____________ and _____________ have helped firms advertise their products world wide and create global consumer culture.
  • 9. 
    __________________ created the world's largest free trading bloc.
  • 10. 
    A trading bloc removes ___________ and ____________
  • 11. 
    WTO have led to huge cuts in _____________________.
  • 12. 
    _____________________ and ______________ are now open for competition.
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