Bus100 Wk4 Quiz

Bus100 Wk4 Quiz

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    BUS100294VA016-1118-001
    Week 4
    Review Test Submission: Week 4 Quiz

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Review Test Submission: Week 4 Quiz
Content
User Michael H Kim
Course Intro To Business
Test Week 4 Quiz
Started 10/25/11 11:14 PM
Submitted 10/25/11 11:45 PM
Status Completed
Score 85 out of 100 points  
Time Elapsed 30 minutes out of 2 hours.
Instructions
This quiz consist of 20 multiple choice questions. The first 10 questions cover the material in Chapter 3. The second 10 questions cover the material in Chapter 4. Be sure you are in the correct Chapter when you take the quiz.

    Question 1

    5 out of 5 points
   
    Correct
    Measuring international trade and its impact on individual nations requires __________
    Answer
    Selected Answer:  
    knowledge of balance of trade.
    Correct Answer:  
    knowledge of balance of trade.
    Question 2

    5 out of 5 points
   
    Correct
    If trade restrictions among nations were eliminated
    Answer
    Selected Answer:  
    competition would increase, resulting in lower prices and increased choices for consumers.
    Correct Answer:  
    competition would increase, resulting in lower prices and increased choices for consumers.
    Question 3

    5 out of 5 points
   
    Correct
    Based on the size of the its population and its recent rate of economic growth, which of the following countries presents the most attractive market opportunities?
    Answer
    Selected Answer:  
    China
    Correct Answer:  
    China
    Question 4

    5 out of 5 points
   
    Correct
    Foreign _____________ involves a firm...

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