BUSA 3000 EXAM 1 2026 Questions and
Answers
International business is defined as the performance of _______ activities by firms
across national borders.
A. marketing and fiduciary
B. trade and investment
C. finance and operational
D. accounting and auditing - Correct answer-B
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,Which of the following best characterizes the development of international
business?
A. It has existed in some form for centuries.
B. It first started in Europe.
C. It developed after the year 2000.
D. Its development has slowed in recent years. - Correct answer-A
_____ refers to the transfer of assets to another country or the acquisition of assets
in that country.
A. International investment
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,B. International trade
C. Importing
D. Exporting - Correct answer-A
4. Which of the following would NOT be considered an example of foreign direct
investment (FDI)?
A. cross-border purchase of a textile plant
B. cross-border purchase of stocks
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, C. purchase of capital assets of a foreign company
D. purchase of foreign land for business operations - Correct answer-B
______ is the total value of products and services produced in a country over the
course of a year.
A. GDP
B. CAD
C. FDI
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Answers
International business is defined as the performance of _______ activities by firms
across national borders.
A. marketing and fiduciary
B. trade and investment
C. finance and operational
D. accounting and auditing - Correct answer-B
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
,Which of the following best characterizes the development of international
business?
A. It has existed in some form for centuries.
B. It first started in Europe.
C. It developed after the year 2000.
D. Its development has slowed in recent years. - Correct answer-A
_____ refers to the transfer of assets to another country or the acquisition of assets
in that country.
A. International investment
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
,B. International trade
C. Importing
D. Exporting - Correct answer-A
4. Which of the following would NOT be considered an example of foreign direct
investment (FDI)?
A. cross-border purchase of a textile plant
B. cross-border purchase of stocks
©COPYRIGHT 2025, ALL RIGHTS RESERVED 3
, C. purchase of capital assets of a foreign company
D. purchase of foreign land for business operations - Correct answer-B
______ is the total value of products and services produced in a country over the
course of a year.
A. GDP
B. CAD
C. FDI
©COPYRIGHT 2025, ALL RIGHTS RESERVED 4