International Business

Test

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Week 9 Quiz

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Lekha Anilkumar

India

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International BusinessVersión en línea Week 9 Quiz por Lekha Anilkumar 1 According to the theory of comparative advantage, countries should a Specialize in products they produce relatively more efficiently. b Avoid international trade c Import all essential goods d Produce everything domestically 2 A company selling directly to foreign customers without intermediaries is engaging in a Direct exporting b Deemed exporting c Indirect exporting d Merchant exporting 3 Goods supplied domestically but treated as exports under government regulations are known as a Deemed exports b Direct imports c Third-party imports d Merchant exports 4 When a country's exports exceed its imports, it experiences a: a Trade surplus b Current account deficit c Trade deficit d Balance of payments crisis 5 A weaker domestic currency generally: a Makes exports more competitive in foreign markets. b Has no impact on international trade c Makes exports more expensive d Has no impact on international trade 6 Which of the following is a major import of India? a Petroleum products b Coffee c Textiles d Marine products 7 Which of the following is a strategic advantage of international trade? a Increased specialization and competitiveness b Elimination of imports c Reduction in productivity d Limited consumer choices

International BusinessVersión en línea

Week 9 Quiz

por Lekha Anilkumar

According to the theory of comparative advantage, countries should

Specialize in products they produce relatively more efficiently.

Avoid international trade

Import all essential goods

Produce everything domestically

A company selling directly to foreign customers without intermediaries is engaging in

Direct exporting

Deemed exporting

Indirect exporting

Merchant exporting

Goods supplied domestically but treated as exports under government regulations are known as

Deemed exports

Direct imports

Third-party imports

Merchant exports

When a country's exports exceed its imports, it experiences a:

Trade surplus

Current account deficit

Trade deficit

Balance of payments crisis

A weaker domestic currency generally:

Makes exports more competitive in foreign markets.

Has no impact on international trade

Makes exports more expensive

Has no impact on international trade

Which of the following is a major import of India?

Petroleum products

Coffee

Textiles

Marine products

Which of the following is a strategic advantage of international trade?

Increased specialization and competitiveness

Elimination of imports

Reduction in productivity

Limited consumer choices

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International Business

Test

Sobre esta actividad

Creada por

Descarga la versión para jugar en papel

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Verbos irregulares en Inglés

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International BusinessVersión en línea

por Lekha Anilkumar

According to the theory of comparative advantage, countries should

A company selling directly to foreign customers without intermediaries is engaging in

Goods supplied domestically but treated as exports under government regulations are known as

When a country's exports exceed its imports, it experiences a:

A weaker domestic currency generally:

Which of the following is a major import of India?

Which of the following is a strategic advantage of international trade?