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INTB 200 PRACTICE TEST 2 EXAM (ACTUAL EXAM) WITH QUESTIONS WITH VERY ELABORATED ANSWERS CORRECTRY WELL ORGANIZED LATEST 2024 – 2025 ALREADY GRADED A+ $12.99
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INTB 200 PRACTICE TEST 2 EXAM (ACTUAL
EXAM) WITH QUESTIONS WITH VERY
ELABORATED ANSWERS CORRECTRY WELL
ORGANIZED LATEST 2024 – 2025 ALREADY
GRADED A+
Demand is labeled as __________ when a large change in price produces only a
small change in demand.
flexible
consistent
inelastic
elastic
dynamic
inelastic
,Eyewear 20/20 markets eyeglasses and sunglasses to young adults between 18
and 25. In approaching its international markets, Eyewear 20/20 believes that its
target segment spans multiple countries, transcending national borders. The
company's target segment is called a(n) __________ segment.
intermarket
uniform
cosmopolitan
divergence
global
intermarket
An important objective shared by both production and logistics functions of an
international firm is to
increase profits by lowering quality.
increase foreign competition.
lower costs by dispersing production activities.
decrease inventory turnover.
stock excess inventory on hand.
lower costs by dispersing production activities.
,How does a country that introduces a currency board make its commitment to
converting its domestic currency on demand into another currency at a fixed
exchange rate credible?
borrowing funds from the International Monetary Fund and the World Bank
maintaining a trade surplus with foreign countries
holding foreign currency reserves equal at the fixed exchange rate to at least 100
percent of the domestic currency issued
importing more goods from foreign countries than it exports
printing foreign currencies
holding foreign currency reserves equal at the fixed exchange rate to at least 100
percent of the domestic currency issued
A U.S.-based company set up operations in Indonesia and determined that there
wasn't a qualified applicant pool in Jakarta to fill its senior management positions.
What staffing policy will the company most likely follow?
eurocentric
ethnocentric
polycentric
geocentric
transnational
ethnocentric
, According to the U.S. Department of Commerce, what occurs whenever a U.S.
citizen, organization, or affiliated group takes an interest of 10 percent or more in
a foreign business entity?
multilateral investment
foreign direct investment
privatization
an absolute advantage
isolationism
foreign direct investment
In terms of the gold standard, gold par value referred to
the ability of a nation to exchange gold for imported goods.
pegging currencies to something other than gold, such as goods.
the amount of gold a government had to maintain in its reserves.
the amount of currency needed to purchase one ounce of gold.
the net worth of gold when used for trade.
the amount of currency needed to purchase one ounce of gold.
Many elderly travelers and those travelers with certain physical disabilities are
unable to climb stairs to motel rooms that are not on the first floor. The Walk
Right Inn has catered to this specific group of customers via its motels, all of
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