quiz 8 (international business)

quiz 8 (international business) - Title: Quiz 8 Spring 2008...

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Title: Quiz 8 Spring 2008 1.When only two countries agree to cooperate more closely, this is called _____ integration. a. double 0% b. bilateral 100% c. economic 0% d. regional 0% 2.The World Trade Organization helps promote _____ integration. a. global 100% b. bilateral 0% c. economic 0% d. regional 0% 3.Companies looking to expand internationally must _____. a. be aware of the regional trading groups that encompass good market opportunities 100% b. not worry about the regional trading groups in the area 0% c. disregard changes in trading groups that could affect the company 0% d. change their organizational structure to fit the norms in the foreign country 0% 4.A(n) _____ results when free mobility of factors of product are added to a customs union. a. common market 100% b. customs union 0% c. regional trade agreement 0% d. free trade agreement 0% 5._____ effects are the shifting of resources from inefficient to efficient companies as trade barriers fall. a. Barrier 0% b. Dynamic 0% c. Economic 0% d. Static 100%
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6.Member countries of a(n) _____ levy a common external tariff on goods being imported from nonmembers. a. free trade agreement 0% b. regional trade agreement 0% c. customs union 100% d. common market 0% 7.The goal of a(n) _____ is to abolish all tariffs among member countries. a.
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This note was uploaded on 05/01/2008 for the course BUSA 3000 taught by Professor Beach during the Spring '08 term at Georgia State University, Atlanta.

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quiz 8 (international business) - Title: Quiz 8 Spring 2008...

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