GB 370 TEST 2 OLE MISS GENTRY EXAM QUESTIONS AND ANSWERS

GB 370 TEST 2 OLE MISS GENTRY
EXAM QUESTIONS AND ANSWERS
Globalbqefficienciesbq-bqANSWERS--locationbqefficiencies
economiesbqofbqscale
economiesbqofbqscope

Locationbqefficienciesbq-bqANSWERS--seekingbqlowerbqinputbqcostbqlocations

Economiesbqofbqscalebq-bqANSWERS--largerbqfacilitiesbqresultbqinbqlowerbqcosts

Economiesbqofbqscopebq-bqANSWERS--broadeningbqproductbqlines

Multimarketbqflexibilitybq-bqANSWERS--
internationalbqbusinessesbqmaybqrespondbqtobqabqchangebqinbqonebqcountrybqbybqimpleme
ntingbqabqchangebqinbqanotherbqcountry

Worldwidebqlearningbq-bqANSWERS--
thebqdiversebqoperatingbqenvironmentsbqofbqmultinationalbqcorporationsbq(MNCs)bqcontri
butebqtobqorganizationalbqlearningbqthatbqcanbqbebqtransferredbqtobqotherbqoperatingbqenvir
onments

HomebqReplicationbq-bqANSWERS--utilizingbqabqcorebqcompetencybqorbqabqfirm-
specificbqadvantagebqdevelopedbqatbqhomebqasbqabqmainbqcompetitivebqweaponbqinbqforei
gnbqmarkets

Multi-DomesticbqStrategybq-bqANSWERS--
Managingbqabqcorporationbqasbqabqcollectionbqofbqindependentbqoperatingbqsubsidiariesbqf
reesbqabqfirmbqtobqcustomizebqitsbqproducts,bqitsbqmarketingbqcampaigns,bqandbqoperatingb
qtechniquesbqtobqmeetbqlocalbqcustomerbqneeds.



GlobalbqStrategybq-bqANSWERS--
Viewingbqthebqworldbqasbqabqsinglebqmarketplacebqandbqhavingbqasbqabqprimarybqgoalbqthebq
creationbqofbqstandardizedbqgoodsbqandbqservicesbqthatbqwillbqaddressbqthebqneedsbqofbqcu
stomersbqworldwide.

TransnationalbqStrategybq-bqANSWERS--
Attemptingbqtobqcombinebqthebqbenefitsbqofbqscalebqefficienciesbqpursuedbqbybqabqglobalbqc
orporation,bqwithbqthebqbenefitsbqandbqadvantagesbqofbqlocalbqresponsivenessbqofbqabqmult
i-domesticbqcorporation.

Tradebqgrowthbq-bqANSWERS--
aboutbqabqlittlebqlessbqthanbq4%bqincreasebqyearbqonbqyearbq(wholebqworld)

Howbqtobqbebqanbqimporterbq-bqANSWERS---alibaba.com
-you'rebqabqreseller
-you'rebqabqsolutionbqprovider

,-you'rebqwal-mart

alibaba.combq-bqANSWERS--Youbqcanbqbuybqnearlybqanythingbqonbqthere
YoubqpaybqwithbqPayPal
Youbqshipbqitbqtobqyourbqhouse

You'rebqabqresellerbq-bqANSWERS--
YoubqsellbqthebqstockbqonbqeBaybqorbqpeddlebqitbqaroundbqtown

You'rebqabqsolutionbqproviderbq-bqANSWERS--
Youbqtalkbqtobqthebqcustomerbqinbqdepthbqaboutbqwhatbqtheybqwant,bqthenbqyoubqbuybqitbqforbq
thembq(chargebqabqmarkup)

You'rebqwal-martbq-bqANSWERS--
Youbqsetupbqanbqofficebqtherebqandbqbuybqallbqkindsbqofbqstuff

LetterbqofbqCreditbq-bqANSWERS--
isbqissuedbqbybqabqbankbqatbqthebqrequestbqofbqanbqimporterbqandbqstatesbqthebqbankbqwillbqp
aybqabqspecifiedbqsumbqofbqmoneybqtobqabqbeneficiary,bqnormallybqthebqexporter,bqonbqpres
entationbqof,bqspecifiedbqdocuments

HowbqisbqLetterbqofbqCreditbqsystembqattractivebq-bqANSWERS--
becausebqbothbqpartiesbqarebqlikelybqtobqtrustbqabqreputablebqbankbqevenbqifbqtheybqdobqnotbq
trustbqeachbqother

Howbqisbqpaymentbqmadebqinbqanbqexportbqtransaction?bq-bqANSWERS--
Mostbqexportbqtransactionsbqinvolvebqabqdraft,bqalsobqcalledbqabqbillbqofbqexchange

Abqdraftbq-bqANSWERS--
isbqanbqorderbqwrittenbqbybqanbqexporterbqinstructingbqanbqimporter,bqorbqanbqimporter'sbqag
ent,bqtobqpaybqabqspecifiedbqamountbqofbqmoneybqatbqabqspecifiedbqtime

sightbqdraftbq-bqANSWERS--abqdraftbqpayablebqonbqpresentationbqtobqthebqdrawee

timebqdraftbq-bqANSWERS--allowsbqforbqabqdelaybqinbqpaymentbq-
bqnormallybq30,bq60,bq90,bqorbq120bqdays



BillbqofbqLadingbq-bqANSWERS--
isbqissuedbqtobqthebqexporterbqbybqthebqcommonbqcarrierbqtransportingbqthebqmerchandise

BobbqgivesbqjimbqthebqexporterbqabqBillbqofbqLading.bqWhatbqarebqthebq3bqpurposesbqofbqabqBi
llbqofbqLadingbq-bqANSWERS--itbqisbqabqreceipt
itbqisbqabqcontract
itbqisbqabqdocumentbqofbqtitle

Howbqtobqbebqanbqexporterbq-bqANSWERS--Firstbq-bqfindbqcustomers

U.S.bqexportersbqcanbqdrawbqonbqtwobqformsbqofbqgovernment-
backedbqassistancebqtobqhelpbqtheirbqexportbqprogramsbq-bqANSWERS--
theybqcanbqgetbqfinancingbqaidbqfrombqthebqExport-ImportbqBank

, theybqcanbqgetbqexportbqcreditbqinsurancebqfrombqthebqForeignbqCreditbqInsurancebqAssoci
ation

ThebqExportbqImportbqBankbq-bqANSWERS--
isbqanbqindependentbqagencybqofbqthebqU.S.bqgovernmentbq(similarbqinstitutionsbqlotsbqofbqp
laces)

WhatbqisbqthebqmissionbqofbqThebqExportbqImportbqBankbq-bqANSWERS--
isbqtobqprovidebqfinancingbqaidbqthatbqwillbqfacilitatebqexports,bqimports,bqandbqthebqexchang
ebqofbqcommoditiesbqbetweenbqthebqU.S.bqandbqotherbqcountries

ExportbqCreditbqInsurancebq-bqANSWERS--
InbqthebqU.S.,bqexportbqcreditbqinsurancebqisbqprovidedbqbybqthebqForeignbqCreditbqInsuranc
ebqAssociationbq(FICA)

FICAbqprovidesbqcoveragebqagainstbqcommercialbqrisksbqandbqpoliticalbqrisks

Sevenbqmainbqinstrumentsbqofbqtradebqpolicybq-bqANSWERS--Tariffsbq
Subsidies
Importbqquotas
Voluntarybqexportbqrestraints
Localbqcontentbqrequirementsbq
Antidumpingbqpoliciesbq
Administrativebqpolicies

Tariffsbq-bqANSWERS--
isbqabqtaxbqleviedbqonbqimportsbqthatbqeffectivelybqraisesbqthebqcostbqofbqimportedbqproducts
bqrelativebqtobqdomesticbqproducts



Specificbqtariffsbq-bqANSWERS--
leviedbqasbqabqfixedbqchargebqforbqeachbqunitbqofbqabqgoodbqimported

Adbqvalorembqtariffsbq-bqANSWERS--
arebqleviedbqasbqabqproportionbqofbqthebqvaluebqofbqthebqimportedbqgood

Subsidiesbq-bqANSWERS--
abqsumbqofbqmoneybqgrantedbqbybqthebqgovernmentbqorbqabqpublicbqbodybqtobqassistbqanbqin
dustrybqorbqbusinessbqsobqthatbqthebqpricebqofbqabqcommoditybqorbqservicebqmaybqremainbql
owbqorbqcompetitive.

Importbqquotasbq-bqANSWERS--
limitationsbqsetbqbybqabqgovernmentbqonbqthebqamountbqofbqabqproductbqallowedbqtobqenterbq
orbqleavebqabqcountry

Voluntarybqexportbqrestraintsbq-bqANSWERS--
voluntarilybqimposedbqlimitsbqonbqthebqnumberbqorbqvolumebqofbqproductsbqexportedbqtobqab
qparticularbqcountry



Localbqcontentbqrequirementsbq-bqANSWERS--
demandsbqthatbqsomebqspecificbqfractionbqofbqabqgoodbqbebqproducedbqdomestically