Which aspect of global trade refers to a country's purchasing power, standard of living, and relative cost of doing business?
Unit 2- Fashion Merchandising

Flashcard
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Professional Development
•
9th - 12th Grade
•
Easy
Lindsay Barton
Used 4+ times
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47 questions
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1.
FLASHCARD QUESTION
Front
Back
Economic climate
2.
FLASHCARD QUESTION
Front
Major fashion centers for the United States are located in which cities?
Back
Dallas, Los Angeles, and New York
3.
FLASHCARD QUESTION
Front
Example of a manager of a retail store using internal data for merchandise planning.
Back
Reviews past sales records to see what merchandise sold the best.
4.
FLASHCARD QUESTION
Front
What is the route products take from producer to end user?
Back
channel of distribution
5.
FLASHCARD QUESTION
Front
A local boutique is planning for the prom season in six months. Which type of purchase order should be used?
Back
advanced order
6.
FLASHCARD QUESTION
Front
Which aspect of global trade examines the relationship between a country's exports and imports and is usually expressed as a surplus or deficit?
Back
balance of trade
7.
FLASHCARD QUESTION
Front
The United States exercises the right of levying a tariff to meet the expenditures of its imported goods, which is called a/an
Back
tax
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