POB Review 4

An organization assisted two countries on settling a trade disagreement on the amount of bananas to be traded. This action is an example of assistance provided by which international trade organization?

An organization assisted two countries on settling a trade disagreement on tariffs. This action is an example of assistance provided by which international trade organization?

India’s terrain allows for its major production of rice, cotton, and wheat. Which main factor of the international business environment is this information about India classified?

A convenience store gave the rights to a company in Mexico to sell its products and services. This is an example of which global marketplace main entry mode?

United States has become globally known for its production of wheat more resourcefully. It can produce the product with less human resources. This is an example of what type of ADVANTAGE?

The North American Free Trade Association (NAFTA) eliminates tariffs and embargoes among its members while trading goods and services. This is an example of which encouragement of international trade?

Alaska produces more salmon by the pound than any other state that exports salmon. This is an example of what type of ADVANTAGE?

If China has rising interest rates and inflation occurring across the country, this is an example of which factor that influences international currency exchange?

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