GLOBAL BUSINESS COMPLETE STUDY
GUIDE PRACTICE QUESTIONS AND
ANSWERS
| GRADED A+ | GUARANTEED SUCCESS
Updated 2026 Questions and Answers
100% Verified Exam Prep and Comprehensive
Rationales Included
, Globalisation The growth of international trade that has made an
increasing number of markets global rather than
national.
Economy The state of a country or region in terms of the
production and consumption of goods and
services
GDP Gross Domestic Product - the value of all goods
and services produced within an economy over a
period of time.
Per capita Looking at data per member of the population
Human Development Index A singular, measurable indicator of healthy
economic growth. Taken by combining figures on
national income, life expectancy and average time
spent in education.
International trade A transaction of goods or services taking place
between two countries. This could be a transaction
carried out between governments or businesses.