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Test Bank International Business 3rd Edition by J. Michael Geringer
1) Business conducted within a foreign country is known as foreign business. true false 
 
2)	An international company (IC) is a company headquartered in another nation. true false 
 
3)	International business differs from domestic business in that a firm operating across borders must deal with the forces of three kinds of environments—domestic, foreign, and international. true false
- Exam (elaborations)
- • 31 pages •
1) Business conducted within a foreign country is known as foreign business. true false 
 
2)	An international company (IC) is a company headquartered in another nation. true false 
 
3)	International business differs from domestic business in that a firm operating across borders must deal with the forces of three kinds of environments—domestic, foreign, and international. true false