CCBIT

It is a document that provides the legal ground-rules for international commerce?

• Special Drawing Rights

• The Bretton Woods Agreement

• Quota System

• WTO Agreement

If a movie studio buys a music label, what type of merger is this?

• Vertical Merger

• Conglomeration

• Horizontal Merger

• Product-extension merger

This is a required question

A fitness equipment company wants to allow other businesses to sell its products under its brand name. Which franchising model would be most suitable for them?

• Business Franchise Venture

• Business Format Franchise

• Product Franchise

• Manufacturing Franchise

This is a required question

The following are disadvantages of MNCs, EXCEPT;

• ALL of the above

• Impact on the Balance Trade

• None of the Above

• Transfer Pricing

The following are control over MNC and Structure, EXCEPT;

• None of the above

• The Matrix Structure

• Regional Structure

• Networking

It is a regulatory body that deals with the rules of trade between nations at a global or near-global level.

• Bureau of Customs

• Multinational Companies

• World Trade Organization

• None of the above

The following are brief description of the results of the Uruguay Round Package, EXCEPT

• None of the Above

• Establishment of the GATT

• All of the above

• An improved framework of multilateral rules governing international trade.

Which definition of an MNC focuses on the behavioral characteristics of its top management?

• Definition by Behavior

• Definition by Performance

• Definition by Structure

• Definition by Size

The following are brief description of the results of the Uruguay Round Package, EXCEPT:

• None of the Above

• Further improvements in access to foreign markets for both goods and services.

• Establishment of the GATT.

• An improved framework of multilateral rules governing international trade.

What is the rate at which the currency of one country would have to be converted into that of another country to buy the same amount of goods and services in each country?

• Advanced Import Deposit

• European Exchange Commission

• Multiple Exchange-Rate System

• Purchasing Power Parity