IBUS
IBUS
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Examen
IBUS 480 review Exam questions and answers Graded A+| 2026 Updated
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---13abril 20262025/2026A+
- IBUS 480 review Exam questions and answers Graded 
A+| 2026 Updated 
globalization 
the process by which national economies, markets, and societies become 
increasingly interconnected through trade, investment, technology, and cultural 
exchange. this integration reduces barriers between countries, allowing firms to 
operate across borders, but also increases exposure to global risks such as 
political instability and economic shocks. 
globalization of markets 
the convergence of consum...
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DrJOHNJAMES
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Examen
IBUS 450 Exam 1 Review Exam questions and answers Graded A+| 2026 Updated
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---7abril 20262025/2026A+
- IBUS 450 Exam 1 Review Exam questions and answers 
Graded A+| 2026 Updated 
Globalization 
The process of reducing barriers of trade, investment, technology, and culture to 
increase global integration and interdependence among countries. 
Goal of Globalization 
Promote economic integration and mutual dependence between nations 
Trade in Goods and Services 
Countries specialize by exporting what they produce best and importing what 
they lack, expanding consumer choice and lowering cost...
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DrJOHNJAMES
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Examen
IBUS 3001 Exam1 questions and answers Graded A+| 2026 Updated
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--12abril 20262025/2026A+Disponible en un paquete
- IBUS 3001 Exam1 questions and answers Graded A+| 
2026 Updated 
Globalization - trend away from distinct national economic units and 
toward one huge global market 
Globalization of markets - moving away drom an economic system in which 
national markets are distinct entities, isolated by trade barriers and barriers of 
distance, time, and culture, and toward a system in which national markets are 
merging into one global market 
Globalization of production - trend by individual firms to...
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DrJOHNJAMES
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Examen
IBUS 493 – Notes Exam questions and answers Graded A+| 2026 Updated
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---13abril 20262025/2026A+
- IBUS 493 – Notes Exam questions and answers Graded 
A+| 2026 Updated 
State sovereignty 
The supreme and independent power and authority claimed by a national state 
over its own territory; the principle that underpins international law 
Where does international Public Law come from? 
International public law is the law regulating relations among nations, it comes 
from: - Conventions (treaties): a legally binding written agreement between two or 
more states establishing rules - Inter...
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DrJOHNJAMES
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Examen
IBUS Exam1 questions and answers Graded A+| 2026 Updated
-
---8abril 20262025/2026A+
- IBUS Exam1 questions and answers Graded A+| 2026 
Updated 
international services 
Software, data processing, 
computer services, etc. 
• Financial and professional 
services 
• Accounting, advertising, insurance, 
consulting, etc. 
• Entertainment 
• Travel/Tourism 
• Transport 
Multinational Enterprises (MNEs) 
Worldwide Network 
• Capital 
• R&D, procurement, 
manufacturing, marketing, etc. 
• Foreign Direct Investment (FDI) 
Small and medium enterprises 
Mo...
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DrJOHNJAMES
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Examen
IBUS Test 1 review Exam questions and answers Graded A+| 2026 Updated
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---6abril 20262025/2026A+
- IBUS Test 1 review Exam questions and answers Graded 
A+| 2026 Updated 
A shipment of crocodile skin boots will fall under the regulation of which partner 
government agency (PGA)? - U.S. Fish and Wildlife Service 
What does IOR stand for?? (ANSWER ALL IN CAPS) - Importer of Record 
FDA (Food and Drug Administration) - Federal import regulations 
USDA - Plants and plant products 
U.S. Fish and Wildlife - wilflife, parts, or products 
Construct the Manufacturer ID for the follow
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DrJOHNJAMES
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Examen
IBUS 450 Final Exam questions and answers Graded A+| 2026 Updated
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---11abril 20262025/2026A+
- IBUS 450 Final Exam questions and answers Graded A+| 
2026 Updated 
BOP Accounting System 
a double-entry bookkeeping system designed to measure and record all economic 
transactions between residents of one country and residents of all other countries 
during a particular time period 
Importance of BOP Statistics 
1. Help identify emerging markets for goods and services 
2. Can warn of possible new policies that may alter a country's business climate 
3. Can indicate reductions in a...
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DrJOHNJAMES
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Examen
IBUS Exam2 questions and answers Graded A+| 2026 Updated
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---9abril 20262025/2026A+
- IBUS Exam2 questions and answers Graded A+| 2026 
Updated 
multinational enterprise (MNE) 
A firm that has operations or subsidaries in multiple countries 
international human resource management (IHRM) 
the process of managing employees in a multinational firm across different 
countries and cultures 
parent country nationals (PCN's) 
employees who are citizens of the country where a foreign subsidiary operates 
host country nationals (HCN's) 
employees who are citizens of the c...
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DrJOHNJAMES
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Examen
IBUS Final Exam questions and answers Graded A+| 2026 Updated
-
---5abril 20262025/2026A+
- IBUS Final Exam questions and answers Graded A+| 
2026 Updated 
Six Instruments of Trade Policy - 1. Tariffs 
2. Subsidies 
3. Import quotas 
4. Tariff quotas 
5. Voluntary export constraints 
6. Export ban 
Levels of regional economic integration - 1. Free Trade Area - no trade 
barriers 
2. Customs Union - + common external trade policy 
3. Common Market - + free movement of factors of production 
4. Economic Union - + common currency & tax rates 
5. Political Union - +shared poli...
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DrJOHNJAMES
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Examen
IBUS Concept Check 1 Exam questions and answers Graded A+| 2026 Updated
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---11abril 20262025/2026A+
- IBUS Concept Check 1 Exam questions and answers 
Graded A+| 2026 Updated 
What is IB? 
Business that engages in: 
International (CROSS-BORDER) economic activities OR business abroad 
What is an MNE & what is its relationship to FDI 
A multinational enterprise: firm that uses FDI (foreign direct investments) to 
establish OR purchase Income-generating assets abroad 
What are Multinational enterprises and why do they exist? 
Multinational enterprises (MNEs) are firms that own or control v...
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DrJOHNJAMES