Global Marketing and World Trade MCQs

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This is the practice of using barter rather than money for global marketing sales.






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In a worldwide marketplace, a country’s imports affect its ____________.






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This is the difference between the monetary value of a nation’s exports and imports.






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Which of the following is NOT one of the major trends that has affected world trade this century? Select all answers that are correct.






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Which of the following is not a key element in a nation’s advantage for succeeding in world trade?






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Tariffs are defined as:






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Some argue that Protectionism is beneficial to a nation because:






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What is the main argument against Protectionism?






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Quotas can be ______________.






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In 1993, most of this continent joined together to form a free trade union.






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When firms originate, produce, and market their products and services worldwide it is called:






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Which of the following does the text NOT discuss as global companies?






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This type of company views the world as one market and emphasizes cultural similarities among its customers?






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A Global Marketing Strategy _______________ its products for all cultures, while a Multidomestic Marketing Strategy __________________.






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A cross-cultural analysis does NOT investigate which of the following?






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The belief that it is immoral to purchase foreign-made products is called ________________.






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Which of the following economic considerations effect global marketing?






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This market-entry strategy requires the highest amount of financial commitment.






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The following strategy must be considered when entering foreign markets.






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A situation where products are sold through unauthorized channels of distribution is: