Business > EXAM > University of Phoenix BUS 604 Test 1. Graded A+ Complete Questions and Answers (All)

University of Phoenix BUS 604 Test 1. Graded A+ Complete Questions and Answers

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• Question 1 2 out of 2 points ( ), increasing market audience, receiving foreign direct investment are reasons international trade is important to the United States. Selected Answer... : Maximizing production and efficiency • Question 2 2 out of 2 points Embargoes are defined as the prohibition of commerce and trade with a certain nation. Selected Answer: Tru e • Question 3 2 out of 2 points Which of the following is not included in the set of shared categories that characterizes a culture? Selected Answer: motivati on • Question 4 2 out of 2 points Market factors are the ( ), ( ), and ( ) that vary from one region to another. Selected Answer: demographic, sociologic, and economic forces • Question 5 2 out of 2 points ( ) has emerged as a cost-leading manufacturer of products ranging from consumer goods to industrial equipment. Selected Answer: Chin a • Question 6 2 out of 2 points Foreign direct investment allows domestic firms to receive capital financing from foreign entities. Selected Answer: Tru e • Question 7 2 out of 2 points Opponents of globalization claim that globalization has led to widespread government corruption as indicated through the extensive use of ( ). Selected Answer: Briber y • Question 8 2 out of 2 points Africa was one of the oldest examples of an international trading community. Selected Answer: Fals e • Question 9 2 out of 2 points There is no notable difference in the way a nation conducts business versus the way a large corporation conducts business. Selected Answer: Fals e • Question 10 2 out of 2 points Economic health is considered ( ) when a country imports considerably more than it exports. Selected Answer: Negati ve [Show More]

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