International Trade Quizzes, Questions & Answers

Recent Quizzes

US Outsource Manufacturing Quiz Questions

US outsource manufacturing quiz questions

This quiz explores the dynamics of outsourcing in manufacturing, focusing on economic factors like comparative advantage, international price differences, and labor wages. It assesses understanding of outsourcing impacts,...

Questions: 20 | Attempts: 281 | Last updated: Mar 22, 2023

Sample Question
A country will find outsourcing attractive when:

The international relative price of components is less than the home price of components

The international relative price of components is less than the foreign country’s price of components

The home relative price of components falls.

The international relative price of research and development falls

A and E

Model Quiz 4

model Quiz 4

Model Quiz 4 explores the Heckscher-Ohlin model, focusing on trade impacts, differences from the Ricardian model, and income redistribution. It assesses understanding of economic theories shaping global trade patterns, suitable...

Questions: 16 | Attempts: 681 | Last updated: Mar 22, 2023

Sample Question
In the Heckscher-Ohlin model, trade cannot make a country as a whole worse off because

Trade restrictions increase when imports increase.

The autarky level of production and consumption is still available.

Of the assumption that exports exceed imports

Those who gain from trade can compensate those who lose from trade.

Of the assumption that tariffs increase the welfare of both producers and consumers

International Business Questions Quiz Part- II

Welcome to the "International Business Questions Part II Quiz," a continuation of our exploration into the intricate facets of global commerce. This quiz delves into four key standards: International Business...

Questions: 36 | Attempts: 1016 | Last updated: Aug 12, 2024

Sample Question
Standard 3: How many continents are there?

4

5

6

7

Macroeconomics [ch. 18]

Macroeconomics [Ch. 18]

Explore the dynamics of open economies in 'Macroeconomics [Ch. 18]' through questions on trade, investment, and economic policies. Assess your understanding of international trade, investment flows, and their impact on national...

Questions: 20 | Attempts: 4458 | Last updated: Mar 22, 2023

Sample Question
An economy that interacts with other economies is known as

A balanced trade economy

An export economy

An import economy

A closed economy

An open economy

IT's Time For International Trade Quiz

it's time for International Trade quiz

Dive into the complexities of International Trade with this focused quiz. Explore key concepts like transaction risks, hedging strategies, and bankers' acceptances, sharpening skills crucial for navigating global markets. Ideal...

Questions: 12 | Attempts: 365 | Last updated: Mar 17, 2023

Sample Question
Transaction Risk occur when....

You must make a payment in a foreign currency in the future.

You must recieve a payment in a foreign currency in the future.

When you dont have enough money in your account

A and b

All the above

Globalization And International Financial System Quiz

Globalization and International Financial System Quiz

Take the Globalization and International Financial System Quiz to get a better understanding of financial nuances. A lot of businesses have their eyes set on having a global presence, but there are a number of factors...

Questions: 9 | Attempts: 254 | Last updated: Dec 14, 2023

Sample Question
What do some analysts say will replace geopolitics?

Globalization

Geo-economics

Laissez-faire

Arbitrage

Ice-caps

Indian Business GK Test! Trivia Quiz

Welcome to the Indian Business GK Quiz. It covers many variables concerning the business pattern and laws in India and relations with international ties. If you would like to understand more about Indian Business GK, take this...

Questions: 24 | Attempts: 139 | Last updated: Mar 22, 2023

Sample Question
Where is the headquarters of the Shri Krishna Committee located?

Telangana

Hyderabad

Delhi

It has no headquarters

Common Terms Of Trade! Basic Trivia Test

Common Terms of Trade! Basic Trivia Test

Welcome to the trivia quiz on some of the common terms of trade. It is designed to help you review what you learned about foreign trade and how to ensure that your imports don’t always exceed your exports. Remember all the...

Questions: 5 | Attempts: 479 | Last updated: Mar 21, 2023

Sample Question
Exports:

The goods a country produces to sell to other countries.

The goods a country receives from another countries.

None of the above.

International Trade

Keep a hard copy of your results in case the server dumps your scores!!! this will prevent you from retaking the quizzes because of a computer error.

Questions: 9 | Attempts: 4642 | Last updated: Jul 31, 2024

Sample Question
Countries usually impose restrictions on free foreign trade to...

Protect foreign producers

Protect foreign consumers

Protect domestic producers

Protect domestic consumers

Can You Answer These Business MCQs?

Can you answer these business MCQs? Most countries thrive based on the number of products they either import or export. How conversant are you with the products imported by most countries that are known for exporting?...

Questions: 25 | Attempts: 534 | Last updated: Mar 22, 2022

Sample Question
Computers that are manufactured in the United State and sold in Norway are categorized as U.S. __________.

Imports

Exports

International trade

Outsourcing

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