Global Trade Kickoff

Froggy Jumps

Parties jouées 57 %Précision 39 Temps moyen 05:18

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À propos de cette activité

Intro to intl business

Créé par

ann rachell

Philippines

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Froggy Jumps Global Trade KickoffVersion en ligne Intro to intl business par ann rachell 1 What is a tariff in international trade? a A tax on imported or exported goods b A subsidy for exporters c A limit on the number of shipments 2 Which organization sets global trade rules and resolves disputes at a high level? a International Monetary Fund b World Trade Organization c World Bank 3 What is 'comparative advantage' in trade? a Trading only within your region b Producing goods with lower opportunity cost c Producing only high-value goods 4 Which term describes a country's plan for taxes, spending, and debt? a Trade policy b Fiscal policy c Monetary policy 5 Which payment method is commonly used in international trade to reduce risk? a Trade Barter b Cash on Delivery c Letters of Credit 6 What is a trade deficit? a Imports exceed exports b Balanced trade c Exports exceed imports 7 Which strategy helps firms enter foreign markets with lower risk? a Independent export only b Export to only one country c Joint venture with local partner 8 Which currency risk arises from fluctuating exchange rates? a Credit risk b Operational risk c FX risk (foreign exchange risk) 9 What is a free trade agreement (FTA)? a An agreement to fix currency rates b An environmental treaty c An accord to reduce or eliminate tariffs between member countries 10 Which document certifies that goods meet destination country standards? a Proforma Invoice b Bill of Lading c Certificate of Conformity

Froggy Jumps

Global Trade KickoffVersion en ligne

Intro to intl business

par ann rachell

What is a tariff in international trade?

A tax on imported or exported goods

A subsidy for exporters

A limit on the number of shipments

Which organization sets global trade rules and resolves disputes at a high level?

International Monetary Fund

World Trade Organization

World Bank

What is 'comparative advantage' in trade?

Trading only within your region

Producing goods with lower opportunity cost

Producing only high-value goods

Which term describes a country's plan for taxes, spending, and debt?

Trade policy

Fiscal policy

Monetary policy

Which payment method is commonly used in international trade to reduce risk?

Trade Barter

Cash on Delivery

Letters of Credit

What is a trade deficit?

Imports exceed exports

Balanced trade

Exports exceed imports

Which strategy helps firms enter foreign markets with lower risk?

Independent export only

Export to only one country

Joint venture with local partner

Which currency risk arises from fluctuating exchange rates?

Credit risk

Operational risk

FX risk (foreign exchange risk)

What is a free trade agreement (FTA)?

An agreement to fix currency rates

An environmental treaty

An accord to reduce or eliminate tariffs between member countries

Which document certifies that goods meet destination country standards?

Proforma Invoice

Bill of Lading

Certificate of Conformity

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Global Trade Kickoff

Froggy Jumps

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

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Ethos, Pathos, and Logos Quiz

Froggy Jumps

Global Trade KickoffVersion en ligne

par ann rachell

What is a tariff in international trade?

Which organization sets global trade rules and resolves disputes at a high level?

What is 'comparative advantage' in trade?

Which term describes a country's plan for taxes, spending, and debt?

Which payment method is commonly used in international trade to reduce risk?

What is a trade deficit?

Which strategy helps firms enter foreign markets with lower risk?

Which currency risk arises from fluctuating exchange rates?

What is a free trade agreement (FTA)?

Which document certifies that goods meet destination country standards?

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