Which of the following is NOT an example of international business?
Which of the following terms describes a business transaction in which a firm sells a product to an end user consumer instead of another firm?
Which of the following terms describes a business transaction in which a firm sells a product to an end user consumer instead of another firm?

Worldwide production and distribution of manufactured goods is the sole focus of international business. Since services are intangible and cannot be imported or exported, they are not included iin the field of internatonal busness
The basic definition of IB (International Business) is when a firm's business activity or transaction moves across at least one international border.
The Value Added Chain includes which of the following activities?
A group of nations who get together to integrate their economies in the hopes of amplifying resources, expanding downstream markets and improving each other's economies is called:
The Value Added Chain includes which of the following activities?
Both tangible goods and intangible services can be ________________.

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- Fall '07
- Nicholson
- Economics, Correct Answer, Planned economy