Intro to Bus: 2.3, 3.1, 3.2 Quiz Review

Bonds represent ownership in a company.

• True

• False

Which of the following is not counted towards GDP?

• Investments by businesses

• Consumer purchases.

• Second Hand purchases.

• Government spending

Which of the following is not a key factor that affects a country’s level of economic development?

• Technology

• Exchange Rate

• Literacy Level

• Agricultural Dependency

True or False: Infrastructure is a term that refers to the communication, transportation, and utility systems of a nation?

• True

• False

True or False: In many countries around the world, activities of business operators and consumers are restricted?

• True

• False

Which of the following is not a legal and political factor that affects international business activities?

• Government policies towards businesses

• The stability of the government

• The type of government

• The date the head of government was appointed

If a government changes suddenly, this may create a friendly setting for foreign business.

• True

• False

The main effect of currency exchange rates among countries is:

• Political stability

• Cultural stability

• GDP

• Interest rates

Nations with ocean exports can easily ship products.

• True

• False

The main cultural and social factors that affect international trade are:

• Language

• Religion

• Values

• All of the above