When a country hosts the Olympics this can be expected to        A) reduce the supply of the country's currency on the foreign exchange markets. B) increase the country's exports. C) reduce the country's imports. D) lead to a depreciation of the host country's currency. E) do all of the above.

There is a certain amount of risk involved in doing business anywhere, internationally. Chose a country, and discuss the following: What are the political, cultural, environmental, economic, and trade risks present when doing business in the country as an outsider? What type of business would you do there in light of the risks? For example, would it be labor or capital intensive? Would it be a manufacturing or distribution center, etc.? Would it be a representative office or a full-fledged operation? Why should you as a manager be concerned with all this?

Since the 1990s, trade openness A) has increased more for developed countries than for developing countries. B) has increased more for developing countries than for developed countries. C) has increased only for developing countries. D) has decreased only for developing countries.

A country that is spending more than it makes a- unstable b- trade balance c- trade deficit c- trade surplus

To reduce economic exposure, should you REDUCE or INCREASE the amount of production in a location where the currency is appreciating?

At what stage in the international product life cycle does a country usually import foreign goods? Phase I Phase II Phase III Phase IV Phase V

As international businesses look to emerging markets for growth opportunities and access to resources, they will evaluate the business environments of the countries under consideration. Argentina is the largest country in South America, and its terrain includes mountains, lakes, glaciers, and grasslands. It is resource rich—producing soybeans, wheat, wine, and beef. It has more arable land per person than all but five nations in the world. Argentina has the world’s third largest shale-oil and gas fields. With a population of more than 45 million and rich natural resources, Argentina might seem to be a desirable market for international businesses. Despite this, Argentina is known as a rich country made poor. Consider these points of interest about Argentina. In 1913, Argentina was the 10th wealthiest country in the world, ahead of Norway, France, Germany, and Japan. Today, it is in 85th place, behind Russia and China, with a per-capita income of $10,000. Demographically, Argentina…

Countries engaged in international trade specialize in production based on:     A)  relative inflation rates.   B)  relative exchange rates.   C)  comparative advantage.   D)  relative levels of GDP.

This is the market for HOT CHOCOLATE, which is a normal good and is produced with cocoa beans. We know that hot tea is a substitute for hot chocolate and whipped cream is a complement. Quantity Surplus or Price Quantity Supplied Demanded Shortage $5 6,000 10,000 $4 8,000 8,000 $3 10,000 6,000 $2 12,000 4,000 $1 14,000 2,000 1. Complete the table above finding a Shortage or a Surplus. Draw a graphical illustration of the market and find the equilibrium price and equilibrium quantity. For the remaining questions, explain by words or show graphically how equilibrium price and equilibrium quantity of hot chocolate would change (due to changes in Supply or Demand) if: 2. The price of cocoa beans falls; 3. The price of tea falls; 4. Consumer income falls because of a recession.

If a country is importing more than it is exporting it will have a balance of trade trade surplus trade deficit balance of payments