POM MOCK EXAM QUESTIONS AND 100%
VERIFIED ANSWERS!!
In the twenty-first century, goods, services, capital, people, information, and ideas often
flow across international borders in a process known as
globalization
Which of the following criteria are necessary to assess a country's market?
Sociocultural analysis
Economic analysis
Infrastructural analysis
What is a major economic factor that a firm conducting an economic analysis of a country
market must take into account?
general economic environment
What does a trade deficit signal to economic analysts?
strong competition from foreign producers
A country's infrastructure includes all of the following EXCEPT ___
a culture that accepts innovation
What is the process that causes an increased flow of goods, services, capital, people,
information, and ideas across national borders?
globalization
Which of the following is the measure of how much one currency is worth in relation to
another?
exchange rate
The components of a country market assessment include all of the following EXCEPT
______.
pricing and product decisions
, Culture exists on several levels. Which of the following levels are included?
Underlying values, such as beliefs and thoughts
Which of the following are some details used to evaluate the general economic
environment?
The GDP
The trade deficit or surplus
A trade deficit means that a country ______.
Imports more than they export
Which of the following is defined as the basic facilities, services, and installations needed
for a community or society to function?
infrastructure
True or False: Brazil is currently in the top ten of the world's largest economies.
true
An exchange rate quantifies how much a currency _____
is worth in relation to another
When entering their first foreign markets, firms typically take a(n) ______ approach.
less risky
Exporting happens when a firm produces a product in its domestic plants then
sells it in a foreign country
A franchise is a contractual agreement between _____
firms or a firm and individual
Which of the following are factors that have contributed to Brazil's economic growth in the
21st century?
VERIFIED ANSWERS!!
In the twenty-first century, goods, services, capital, people, information, and ideas often
flow across international borders in a process known as
globalization
Which of the following criteria are necessary to assess a country's market?
Sociocultural analysis
Economic analysis
Infrastructural analysis
What is a major economic factor that a firm conducting an economic analysis of a country
market must take into account?
general economic environment
What does a trade deficit signal to economic analysts?
strong competition from foreign producers
A country's infrastructure includes all of the following EXCEPT ___
a culture that accepts innovation
What is the process that causes an increased flow of goods, services, capital, people,
information, and ideas across national borders?
globalization
Which of the following is the measure of how much one currency is worth in relation to
another?
exchange rate
The components of a country market assessment include all of the following EXCEPT
______.
pricing and product decisions
, Culture exists on several levels. Which of the following levels are included?
Underlying values, such as beliefs and thoughts
Which of the following are some details used to evaluate the general economic
environment?
The GDP
The trade deficit or surplus
A trade deficit means that a country ______.
Imports more than they export
Which of the following is defined as the basic facilities, services, and installations needed
for a community or society to function?
infrastructure
True or False: Brazil is currently in the top ten of the world's largest economies.
true
An exchange rate quantifies how much a currency _____
is worth in relation to another
When entering their first foreign markets, firms typically take a(n) ______ approach.
less risky
Exporting happens when a firm produces a product in its domestic plants then
sells it in a foreign country
A franchise is a contractual agreement between _____
firms or a firm and individual
Which of the following are factors that have contributed to Brazil's economic growth in the
21st century?
