BUS 100 BUS100 Week 11 Quiz 11 Answers ( STRAYER)

BUS 100 BUS100 Week 11 Quiz 11 Answers ( STRAYER)

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BUS 100 Week 11 Quiz 11 (Strayer)

  1. To capitalize on the rapid growth and increase demand in India, _______ introduced a mobile phone that can be charged with solar power.
  2. A trade ____ occurs when a country imports more goods and services than it exports.
  3. If trade restrictions among nations were eliminated, economists predict
  4. A(n) _____ is an agreement among two or more two companies to join forces to pursue specific opportunities without actually merging their operations.
  5. The purpose of the General Agreement on Tariffs and Trade (GATT) was to
  6. The _____ influences the global economy by providing technical advice to the governments of developing countries for projects in a range of areas including infrastructure and education.
  7. Language, customs, educational background, social values, and religious holidays need to be understood and respected by foreign businesses in considering
  8. Foreign _____ involves a firm buying the rights to produce, promote, and use the domestic firm’s trademark/patents in a defined geographical area as long as there is agreement on specific operating procedures.
  9. ____ is the most basic level of international market development and involves shipping domestically produced products overseas.
  10. International trade provides businesses with access to new customers through

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