BUSN 115 Quiz Week 2
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BUSN 115 Quiz Week 2
(TCO 1) A partnership in which two more companies (sometimes from different countries…
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BUSN 115 Quiz Week 2
BUSN 115 Quiz Week 2
A+
(TCO 1) A partnership in which two more companies (sometimes from different countries) join to undertake a major project is called (Points : 5)
Absolute advantage
Comparative advantage theory
Countertrading
Joint venture
Tariff
(TCO 3) A global strategy in which a licensor allows a licensee to produce its product in exchange for a royalty is (Points : 5)
Tariff
Strategic alliance
Free trade
Exporting
Common market
(TCO 3) The value of one nation’s currency relative to the currencies of other countries is known as (Points : 5)
Balance of trade
Devaluation
Dumping
Embargo
Exchange rate