Study Guide

Answers can be found in International Business by Ball et al edition 13 978-007-7606121

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Globalization is:
Why does a company enter a foreign market?
The WTO policies are:
NAFTA is between:
The gold standard is:
The sum total of beliefs, rules, techniques, institutions, and artifacts that
characterize human populations is the definition of:
7. Being ethnocentric means that you think:
8. A country risk assessment looks at
9. Purchasing power parity is the theory that
10.The primary occupation of the national labor force of North and South
America is:
11.The movement of people from country to country or area to area to get jobs
is called:
12.There are two types of market screening
13.When looking at a countrys imports, they:
14.Entry barriers, profit remittance barriers and policy stability are all examples
of
15.Channels of distribution for milk would include (pick the most complete
answer)
16.A company would not want to export because
17.International payment procedures include:
18.A letter of credit
19.Duty-free area designed to facilitate trade by reducing the effect of customs
restrictions is called
20.Standardizing pricing in all global markets
21.There are three types of nationals that you can hire in international business:
22.Expatriates are
23.International business is not engaged in by most US companies because
24.The foreign corrupt practices act prohibits
25.The fastest growing world markets are