BUSM Supply Chain Fnl Exam Questions With Solutions
2 views 0 purchase
Course
BUSM
Institution
BUSM
BUSM Supply Chain Fnl Exam Questions
With Solutions
A natural barrier that faces Argentina when it sells beef to Siberia is:
custom regulations
exchange controls
government controls
distance
taxes distance
BUSM Supply Chain Fnl Exam Questions
With Solutions
A natural barrier that faces Argentina when it sells beef to Siberia is:
custom regulations
exchange controls
government controls
distance
taxes distance
Currency markets operate under a system called _____. This means that prices of currencies vary
based upon demand and supply of that currency.
variable trade
variable costs
international trade rate
floating exchange rate
breakeven point floating exchange rate
, BUSM Supply Chain Fnl Exam Questions
With Solutions
When Grand Metropolitan, a British company, purchased U.S.-based Pillsbury Co. in order to
expand its product line and the market for its existing consumer products, it was an example of
a(n):
direct foreign investment
limited partnership
international corporation
international cooperative
cooperative cartel direct foreign investment
In 1914, the United States prohibited the importation of Mexican avocados even though Mexico
is the world's largest producer of the fruit. This prohibition remained in effect until 1996. The
ban on importing Mexican avocados is an example of a(n):
import quota
embargo
restrictive limit
boycott
tariff embargo
, BUSM Supply Chain Fnl Exam Questions
With Solutions
_____ are laws that require a company earning foreign currency from its exports to sell the
foreign currency to a control agency, usually a central bank.
Currency policies
Rates of exchange
Laws of balanced exchange
Favorable exchange regulations
Exchange controls Exchange controls
The karakul is a breed of Central Asian sheep that produces curly, glossy wool. This wool is
popular in some countries for the manufacturing of warm hats and coats. Since the breed can
only be grown in Central Asia, this region can be said to have a(n):
absolute advantage
advantageous distinction
comparative advantage
total advantage
economy of scale absolute advantage
, BUSM Supply Chain Fnl Exam Questions
With Solutions
The _____ is an agreement that dramatically lowered trade barriers worldwide and created the
new World Trade Organization (WTO).
Uruguay Round
North American Free Trade Agreement
Maastricht Treaty
Mercosur
International Monetary Fund Uruguay Round
An enterprise in which two or more firms or investors (including governments) share ownership
of a business and its property rights is called a(n):
cooperative
international partnership
joint venture
cartel
limited partnership joint venture
In 1998, the Canadian Magazine Publisher's Association (CMPA) predicted the demise of many
Canadian magazines because the World Trade Organization (WTO) made it legal for U.S.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller UpperClass. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $23.99. You're not tied to anything after your purchase.
