This practice exam tests knowledge on international business partnerships, branding strategies, and global market advantages.
True
False
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True
False
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True
False
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True
False
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True
False
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True
False
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True
False
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True
False
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Increased
Decreased
Stayed about the same
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Goods only
Services only
Both goods and services
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True
False
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True
False
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True
False
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Multinational cooperative
Joint venture
Franchisee transfer
Recruit affiliation
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True
False
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Euro rate
Currency rate
Exchange rate
Standard of living
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True
False
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Canada, Panama, and the United States
Mexico, Panama, and the United States
Canada, Nicaragua, and Mexico
Canada, Mexico, and the United States
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True
False
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True
False
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Devaluation
Extrapolation
Depreciation
Downward justification
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True
False
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True
False
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Culture
Ethnocentricity
Institutional society
Social myopia
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True
False
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Export trading companies
International brokerage houses
Keiretsu
Global trade bank
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Exporting
Bartering
Importing
Factoring
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More money flows out of the country than into the country that year
More money flows into the country than out of the country that year
Neither of the above
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Whistleblower
Horn blower
Watch tower sentinel
Integrity watchdog
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A joint venture
A foreign subsidiary
Licensing
Outsourcing
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True
False
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Multinational values
Shared venture
Global franchise
Strategic alliance
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Trade cartel
Import trading company
Export forwarding company
Multinational corporation
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International Trade Court
World Trade Organization
Global Trade Commission
United Nations Arbitration Center
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True
False
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4%.
14%.
40%.
400%.
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True
False
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Different cultures
Different languages
Different money systems
Lack of market opportunities
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True
False
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Slowly declining volumes
Approximately constant volumes
Ever-increasing volumes
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True
False
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True
False
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Counter trading
Counter industry
Counter intuitive
Geiger counter
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Absolute tariff
Health quarantine
Quota
Embargo
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True
False
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We have been made in the image of God.
It is an accidental bi-product of our large brain, which evolved mostly for other purposes
It was bound to happen once we developed human language
Cooperation and self-sacrifice have been essential to human survival for long enough to have been selected for by evolutionary forces.
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Socio-cultural based marketing
Universal sales standards
Single-phase marketing
Global marketing
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Legality
Responsibility
Integrity
Ethics
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