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SAINT GBA440 International Business and Global Political Systems: A Comprehensive Quiz on Key Concepts - Document preview page 1

SAINT GBA440 International Business and Global Political Systems: A Comprehensive Quiz on Key Concepts - Page 1

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SAINT GBA440 International Business and Global Political Systems: A Comprehensive Quiz on Key Concepts

This quiz assesses key concepts in international business and global political systems, testing knowledge of global economic dynamics.

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SAINT GBA440 International Business and Global Political Systems: A Comprehensive Quiz on Key Concepts - Page 1 preview imageInternational Business and Global PoliticalSystems: A Comprehensive Quiz on KeyConceptsSAINT GBA440 MODULE 3 QUIZQuestion1Exports are:all goods and services sold abroad and sent out of a country.all goods and services purchased abroad andbrought into a countryAny commercial transaction that crosses the borders of two or more nations.none of the above.Question 2All goods and services purchased abroad and brought into a country are called ________.domestic productsexportsnational productsimportsQuestion 3International business is:all goods and services sold within a country.use of computer networks to purchase, sell, or exchange products.any commercial transaction that crosses the borders of two or more nations.none of theaboveQuestion 4________ is the trend toward greater economic, cultural, political, and technologicalinterdependence among national institutions and economies.International business
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SAINT GBA440 International Business and Global Political Systems: A Comprehensive Quiz on Key Concepts - Page 3 preview imageDenationalizationGlobalizationE-businessQuestion 5A major flaw ofthe original General Agreement on Tariffs and Trade (GATT) was that it lackedthe power to:erect barriers to trade.dismantle bilateral trade agreements.govern exchange rates.enforce world trade rules.Question 6The _______ is charged with resolving disputes among members.NAFTAGATTWTONone of the aboveQuestion 7Which of the following describes the value of a nation’s good goods and services produced by adomestic economy divided by its population?Gross domestic product (GDP)Gross domestic product (GDP) per capitaGross national product (GNP) per capitaGross national product (GNP)Question 8Which of the following was created to regulate fixed exchange rates and enforce the rules of theinternational monetary system?International Monetary FundWorld Trade OrganizationEuropean UnionWorld BankQuestion 9
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