Reviewer in Contemporary World

Reviewer in Contemporary World

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50 Qs

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Reviewer in Contemporary World

Reviewer in Contemporary World

Assessment

Quiz

Education

University

Hard

Created by

FREGIE LERION

Used 2+ times

FREE Resource

50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the term for the process of countries becoming more interconnected and interdependent?

Globalization

Modernization

Localization

Industrialization

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the term for a policy where a nation restricts the freedom of trade, by imposing taxes on imports or exports?

Protectionism

Trade

Goods

Supply and Demand

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which term refers to the exchange of goods and services by sale or barter driven by the need for resources?

Commerce

Economics

Trade

Market Economy

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the term used for a company that operates in multiple countries?

Local Business

Global Business

International Business

Transnational Business

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

When conducting business internationally, what factor should companies take into consideration regarding the customs and traditions of a country?

Geography

Culture

Economy

Infrastructure

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What aspect would potential business partners be most interested in if a country is concerned about a shortage of skilled workers for emerging and exciting professions?

Geography

Culture

Economy

Infrastructure

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which organization is abbreviated as IMF?

International Monetary Fund

International Management Federation

International Market Foundation

International Money Fund

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