Review Questions for Unit 1: - Nantyr Shores



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Review Questions for Unit 1 Test

1. What does the word interdependence mean in reference to International Business?

2. What are the downfalls to Increased Foreign Ownership of Companies in Canada?

3. List the ways that International Business Hurts Canadians?

4. List the ways in which International Business Helps Canadians?

5. Define the three types of Industries?

6. Define globalization?

7. Basic points of History of Trade in Canada

8. The advantages and disadvantages of International Trade?

9. Reasons why International Business has grown.

10. Define Importing and Exporting?

11. Name and define the examples of trade barriers?

12. How does Currency Fluctuations affect trade?

13. Who are the winners of a low Canadian dollar?

14. Who are the losers of a low Canadian dollar?

15. What are some factors affecting the exchange rate?

16. Describe the ways of entering International markets.

17. NAFTA Advantages & Disadvantages

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