Question 5 1 out of 1 pointsThe difference between the flow of money into and out of a country is called its _____. Selected Answer:balance of paymentsAnswers: exchange ratedomestic gaincredit balance
balance of tradebalance of payments Question 6 1 out of 1 pointsWhich of the following is one of the most common reasons for setting quotas or tariffs? Question 7 1 out of 1 pointsDirect investment gives lesser power and is the least expensive way to participate in foreign trade. Question 8 1 out of 1 points Companies doing business internationally have traditionally used a globalization strategy. Question 9
1 out of 1 points If the Coca-Cola Company allows a Mexican firm to use its name, formula, and brands in return for a royalty, then this arrangement would be known as: Selected Answer:licensing.Answers: exporting.direct investment.licensing.contract manufacturing.a joint venture. Question 10 1 out of 1 pointsWhich of the following is likely to be a reason for some U.S. companies to bring their outsourced production processes back to the United States?
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