1.
ICO
What does FOB stand for in international trade?
2.
ICO
Which of the following is an example of a non-tariff barrier to trade?
3.
ICO
What is the term used for the practice of outsourcing business processes to a neighboring country with lower costs and shorter distances?
4.
ICO
Which of the following is an example of a trade promotion tool used to facilitate the movement of goods across borders?
5.
ICO
What is the term used for a document issued by the seller to the buyer that confirms the details of a transaction, including the products, quantities, and prices?
6.
ICO
What is the term used for the total value of a country's exports minus the total value of its imports of goods and services in a given period?
7.
ICO
What is the term used for a market entry strategy where a domestic company sells its products through intermediaries in a foreign market?
8.
ICO
Which of the following is an example of a regional trade agreement in South America?
9.
ICO
Which of the following is a risk associated with international trade that arises from fluctuations in exchange rates between currencies?
10.
ICO
Which of the following is a measure of the average level of prices for goods and services in an economy over a specified period?