A2 business studies unit 3 international business 3.1 A
- Created by: patrick flood
- Created on: 29-10-13 12:46
Other questions in this quiz
2. what is the definition of economies scale
- it has become difficult to expand sales further
- investing in a country other then the one head office is located
- a reduction in the advrage cost of production brought about by the increase in the size and scale of the business
- stands for Brazil Russia and China
3. what is the definition Trade liberalisation
- a group of countries where barriers to trade are reduced or eliminated
- refers to the process of removing barriers to trade
- taxes on imported goods
- locating production to a foreign country
4. Which of these is not a pull factor for a business to trade internationally
- saturated domestic market
- global sourcing
- risk spreading
- economies of scale
5. What is the definition of a tariff
- taxes on imported goods
- refers to the process of removing barriers to trade
- a group of countries where barriers to trade are reduced or eliminated
- refers to the many phases a product goes through
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