International Business
Test Your Knowledge on International Business
Welcome to the International Business Quiz! This engaging quiz is designed to test your understanding of key concepts in global trade and economics. Whether you're a student, a professional, or simply someone interested in the world of international business, this quiz is perfect for you.
Topics covered include:
- Understanding imports and exports
- Economic indicators like GDP and GNP
- The effects of globalization
- The rise of e-commerce
Imports Means
Goods and services purchased aboard and brought into a country
Goods and services sold aboard
Which of the following terms refers to the broadest measure of economic development of a country?
GNP
GDP
________ is the value of all goods and services produced by the domestic economy over a one-year period.
GDP
GNP
________ is the trend toward greater economic, cultural, political, and technological interdependence among national institutions and economies.
Globalisation
Privatisation
Globalization is characterized by ________.
National boundaries becoming less relevant
Liberal in Trade policies
Which of the following refers to the use of computer networks to purchase, sell, or exchange products; service customers; and collaborate with partners?
E-Commerce
Digitalisation
LPG Policy Launched in
1990
1991
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