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Test Bank for International Business: A Managerial Perspective, 9th Edition

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1International Business, 9e(Griffin/Pustay)Chapter 1An Overview of International Business1) Which of the following would be considered an international business transaction?A) purchasing products in one country and assembling them in the same countryB) recruiting employees internationallyC) borrowing money from a major bank to finance capital improvementsD) shipping finished products from one country to another for retail saleAnswer: DDiff: 2Skill: ConceptLO: 1.1: Discuss the meaning of international business.AACSB: Analytical Thinking2) Trade between nations can be traced back as far as ________.A) 2000 BCB) 500 BCC) 1200D) 1600Answer: ADiff: 2Skill: ConceptLO: 1.1: Discuss the meaning of international business.AACSB: Application of Knowledge3) Which country was a significant focal point for international business during the MiddleAges?A) ChinaB) EnglandC) ItalyD) RussiaAnswer: CDiff: 2Skill: ConceptLO: 1.1: Discuss the meaning of international business.AACSB:Application of Knowledge4) Which of the following is a primary source of revenue for the IOC during the Olympics?A) television coverageB) public donationsC) real estate salesD) international loansAnswer: ADiff: 1Skill: ConceptLO: 1.1:Discuss the meaning of international business.AACSB: Application of Knowledge

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International Business: A Manageria...

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