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MTLE Business: International Business Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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Question 1 1. If a bank wants to conduct business where there is low taxes and little regulation, where would it go?

Question 2 2. Why is the World Trade Organization relevant to the global economic system?

Question 3 3. Which of the following organizations governs U.S. exports?

Question 4 4. Which one of the following is the best explanation of international logistics?

Question 5 5. Which of the following is an example of domestic marketing?

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Question 6 6. Which of the following is an example of importing?

Question 7 7. Which of the following is usually NOT a risk factor in the international business environment?

Question 8 8. Which of the following is an example of global marketing?

Question 9 9. How has technology changed international business?

Question 10 10. If you are discussing the purchase of iron from a foreign supplier for your steel firm, what international logistics channel are you managing?

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Question 11 11. What is the name of the book, written by Thomas Friedman, that discusses how the global economy and international business is tearing down national borders and leading us towards a system of more free trade between countries?

Question 12 12. Why must an international manager consider the sociocultural issues present in each foreign country?

Question 13 13. How does an affiliate bank and a subsidiary bank differ?

Question 14 14. What's the best explanation of a letter of credit?

Question 15 15. Why is the economic environment an important aspect of the international manager's global mindset?

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Question 16 16. Which of the following situations is specifically listed in Article II of the U.S. Constitution?

Question 17 17. Which of the following is NOT an example of a bilateral treaty?

Question 18 18. Which of the following is the best explanation of the political environment in international business?

Question 19 19. If you are in contact with an international shipper to arrange for the transport of tin from South America to your processing facilities in Canada, which international logistic channel are you managing now?

Question 20 20. How does NAFTA differ from the UN?

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Question 21 21. What is a major fear caused by global marketing?

Question 22 22. You are working for a manufacturing company in Chicago. Your boss has not improved his product for many years, has not changed the marketing strategy, but he owns several companies and yours is not a priority. You are not satisfied because the company is operating at a loss and you may lose your job. Which of the following is likely true for your company?

Question 23 23. Technology present in a market is called the _____ environment.

Question 24 24. Why are capital flows significant for an economy?

Question 25 25. Which of the following is the United States' first step in making a treaty?

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Question 26 26. How does an informal differ from a formal trade barrier?

Question 27 27. What type of bank is located in a foreign country and is used by your domestic bank to help their customers conduct business in the foreign country?

Question 28 28. Why are companies positioning themselves towards international growth and global marketing?

Question 29 29. Why must an international manager pay close attention to the legal environment of a foreign country?

Question 30 30. You are reviewing a database printout of the company's current inventory of its product at its Mexico City warehouse location, which international logistics channel are you working with?

MTLE Business: International Business Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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