Global Business / International Business Trivia Quiz

30 Questions | Total Attempts: 2087

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Global Business / International Business Trivia Quiz

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Questions and Answers
  • 1. 
    Free trade is NOT enacted by which of the following groups? 
    • A. 

      NAFTA

    • B. 

      PETA

    • C. 

      Mercosur

    • D. 

      ASEAN

  • 2. 
    Which of the following does specialization NOT improve?
    • A. 

      Worker productivity

    • B. 

      Loss of time

    • C. 

      Worker satisfaction

    • D. 

      Workers’ skills

  • 3. 
    Which of the following factors influence exchange rate?
    • A. 

      Who is president

    • B. 

      Population of a country

    • C. 

      Trading partners

    • D. 

      An active war

  • 4. 
    When Mexico and the United States agreed to reduce and eliminate trade barriers, the countries demonstrated which of the following terms?
    • A. 

      Economic integration

    • B. 

      Political stability

    • C. 

      Exchange rate

    • D. 

      Direct investment

  • 5. 
    Indirect exporting is NOT utilized through which of the following channels?
    • A. 

      Commissioned agents

    • B. 

      Contributors

    • C. 

      Distributors

    • D. 

      Export management companies

  • 6. 
    The General Agreement on Tariffs and Trade was created after the end of which American-involved war?
    • A. 

      Civil War

    • B. 

      Afghanistan

    • C. 

      World War II

    • D. 

      Vietnam

  • 7. 
    Which one of the following countries is NOT a member of the Free Trade Agreement?
    • A. 

      Morocco

    • B. 

      Brazil

    • C. 

      Israel

    • D. 

      Jordan

  • 8. 
    When was the World Trade Organization established?
    • A. 

      2005

    • B. 

      1975

    • C. 

      1995

    • D. 

      1985

  • 9. 
    Which of the following is NOT a level of economic integration?
    • A. 

      Political union

    • B. 

      Custom union

    • C. 

      Political democracy

    • D. 

      Free trade

  • 10. 
    Which of the following is the formula for determining a country’s balance of trade?
    • A. 

      Total exports * total imports

    • B. 

      Total exports - total imports

    • C. 

      Total exports Ă· total imports

    • D. 

      Total exports + total imports

  • 11. 
    About how much of the total federal budget does foreign aid account for?
    • A. 

      Twenety percent

    • B. 

      Ten percent

    • C. 

      One percent

    • D. 

      Five percent

  • 12. 
    Which of the following is NOT a way money moves from one country to another? 
    • A. 

      Foreign policy development

    • B. 

      Tourism

    • C. 

      Imports and exports

    • D. 

      Foreign investments

  • 13. 
    Which of the following accurately defines embargo?
    • A. 

      A special tax placed on foreign goods sold in the U.S.

    • B. 

      A method used to stop the shipment of certain products to or from particular countries

    • C. 

      A packing and shipping regulation for hazardous products

    • D. 

      A fixed limit on the amount of import or export of a product

  • 14. 
    Which of the following was NOT included in the original six members of the European Community?
    • A. 

      Belgium

    • B. 

      France

    • C. 

      Ireland

    • D. 

      Italy

  • 15. 
    Which of the following is defined as “plurality of culture along various cultural dimensions or cultural locations?”
    • A. 

      Diversity

    • B. 

      Cultural location

    • C. 

      Individual characteristic

    • D. 

      Margin

  • 16. 
    Which of the following scholars suggested individual characteristics can be divided into primary and secondary dimensions?
    • A. 

      Amy Heuman

    • B. 

      Brenda Allen

    • C. 

      Patricia Hill Collins

    • D. 

      Mark Orbe

  • 17. 
    Which of the following personal characteristics can be categorized as a secondary dimension?
    • A. 

      Gender

    • B. 

      Income

    • C. 

      Race

    • D. 

      Age

  • 18. 
    Which of the following shows only examples of primary dimensions?
    • A. 

      Ethnicity, birth place, nationality, work experience

    • B. 

      Gender, lifestyle, religion, age

    • C. 

      Gender, physical ability, ethnicity, birth place

    • D. 

      Nationality, race, ethnicity, education

  • 19. 
    According to Dr. Heuman, which of the following describes a person situated at the center of the social-cultural system?
    • A. 

      Being part of a marginalized group

    • B. 

      Being part of a hidden group

    • C. 

      Being part of the mainstream society

    • D. 

      Being part of a complex society

  • 20. 
    Which one do you like?
    • A. 

      Option 1

    • B. 

      Option 2

    • C. 

      Option 3

    • D. 

      Option 4

  • 21. 
    Which of the following laws prohibits discrimination of employment on the basis of race, color, sex, religion or national origin?
    • A. 

      The Americans with Disabilities Act of 1990

    • B. 

      The Presidential Executive Order of 1967

    • C. 

      The Civil Rights Act of 1964

    • D. 

      The Equal Pay Act of 1963

  • 22. 
    According to United States Bureau of Labor Statistics, how much does a Hispanic man earn while a white man earns one dollar?
    • A. 

      60 Cents

    • B. 

      66 Cents

    • C. 

      75 Cents

    • D. 

      81 Cents

  • 23. 
    Which of the following terms describes “characters who are highly respected and serve as an ideal model in a culture”?
    • A. 

      Hero

    • B. 

      Symbol

    • C. 

      Ritual

    • D. 

      Norm

  • 24. 
    The Statue of Liberty is an example of which of the following?
    • A. 

      Value

    • B. 

      Hero

    • C. 

      Symbol

    • D. 

      Ritual

  • 25. 
    Which of the following cultural elements CANNOT be trained by practicing and can only be formed through experiencing the culture?
    • A. 

      Ritual

    • B. 

      Value

    • C. 

      Hero

    • D. 

      Symbol

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