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5 Written questions

5 Matching questions

  1. foreign subsidiary
  2. exporting
  3. dumping
  4. import quota
  5. exchange rate
  1. a a limit on the number of products in certain categories that a nation can import
  2. b selling products in a foreign country at lower prices than those charged in the producing country
  3. c selling products to another country
  4. d the value of one nations currency relative to the currencies of other countries
  5. e a company owned in a foreign country by another company [ called the parent company ]

5 Multiple choice questions

  1. a complete ban on the import or export of a certain product or stopping all trade with a particular country
  2. the buying of permanent property and businesses in foreign nations
  3. an attitude that one's own culture is superior to all others.
  4. the use of government regulations to limit the import of goods and services
  5. the total value of nations exports compared to its imports measured over a particular period

5 True/False questions

  1. central american free trade agreement [CAFTA]agreement that created a free-trade area among the united states, canada and mexico

          

  2. tariffa complete ban on the import or export of a certain product or stopping all trade with a particular country

          

  3. free tradea complete ban on the import or export of a certain product or stopping all trade with a particular country

          

  4. trade deficitan unfavorable balance of trade; occurs when the value of a country's imports exceeds that of exports

          

  5. counter-tradinga complex form of bartering in which several countries may be involved, each trading goods for goods or services for services