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FBLA Global Business Test 3
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FBLA Global Business Test 3
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25 Questions

1. ____, also called code law, is a complete set of rules enacted as a single written system or code.
2. A company in Denmark having to pay for imported goods with Mexican pesos is an example of:
3. The same marketing functions must be completed by businesses whether marketing nationally or internationally and include but aren't limited to:
4. Most U.S.-based companies try to fill senior positions abroad with:
5. The official currency of the Eurozone is the Euro. One Euro equals:
6. is what an individual does not purchase in order to make another purchase.
7. Money is not:
8. are called intermediaries because they are links between products and sellers of products.
9. An electronics company is paid a fee by a foreign firm. The foreign firm gains the right to market its products in its home country under the electronics company's brand name. The electronics company and the foreign firm are involved in a(n) _______________relationship.
10. Individuals taking jobs in other parts of the world should:
11. The language that has the greatest number of speakers throughout the world is which one of the following?
12. A ___ is imposed by the government to limit the number of imported goods that can enter the country and compete with domestic goods.
13. An example of on-the-job training would be:
14. ____is the belief that one's culture is better than other cultures.
15. When the government imposes tariffs on one import such as steel, the steel industry benefits from higher prices while products manufactured from steel experience negative effects. Which one of the following is not a negative effect of tariffs on steel?
16. is the dispute resolution method that makes use of a neutral third party to reconcile the viewpoints of the disputing parties.
17. When working for a global company, getting along with coworkers is high priority. Remember to:
18. The ________is the indicator of a country's international trade that provides the broadest measure of its trade performance.
19. • _______exporting is used when a company takes complete responsibility for marketing products to other countries.
20. The mixed structure:
21. ___ is not a service provided by retailers.
22. _protect the rights to intellectual property in the United States but may not be honored in other parts of the world.
23. A language that is not considered a major language for international business purposes is:
24. occurs when the government takes control and ownership of foreign-owned assets and companies.
25. The allows a company to file a single patent application in which it names the countries in which it seeks patent coverage.

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