Business Foundations - Test Bank
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Chapter 03 
Business in a Borderless World 
 
 
True / False Questions 
 
1.	International business involves the buying, selling, and trading of goods and services across national boundaries. 
 
 
 
True False 
 
2.	Nations trade with other nations to obtain resources that would otherwise be unavailable to them. 
 
 
 
True False 
 
3.	Importing is the sale of goods and services to foreign markets. 
 
True False 
 
4.	When a nation imports more than it exports, it has a pos...
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Chapter 03 
Business in a Borderless World 
 
 
True / False Questions 
 
1.	International business involves the buying, selling, and trading of goods and services across national boundaries. 
 
 
 
True False 
 
2.	Nations trade with other nations to obtain resources that would otherwise be unavailable to them. 
 
 
 
True False 
 
3.	Importing is the sale of goods and services to foreign markets. 
 
True False 
 
4.	When a nation imports more than it exports, it has a pos...