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

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Professional Development
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9th - 12th Grade
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Medium
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Balance of trade
Comparative advantage
Economic climate
Globalization
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The use of foreign workers in one or more countries to complete the manufacturing steps of goods that carry a producer's label is which type of action?
counterfeiting
fashion industrialization
offshore production
protectionism
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which cities are the major fashion centers for the United States located?
Dallas, Los Angeles, and New York
Raleigh, Miami, and Charleston
San Francisco, Atlanta, and Chicago
Winston-Salem, Burlington, and Dallas
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To monitor the sometimes weak trade within the fashion industry due to apparel being made cheaper in other countries, some countries rely on:
market disruption
protectionism
trade balance
free trade
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
TOMS shoes are only available through the company's e-tailing store and a few brick and mortar stores. Which distribution strategy is it using?
exclusive
intenive
regulated
selective
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
HanesBrands undershirts can be found in stores such as Target, JCPenny, Macy's, and Wal-Mart department stores. Which distribution strategy are they using?
exclusive
industrial
intensive
selective
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