BUSN 115 STUDY Future Starts Here/busn115study.com BUSN 115 STUDY Future Starts Here/busn115study.co | Page 49
Controlling
Question 10. Question : (TCO 2) _____ limit the amount of particular
goods that countries allow to be imported during a given year.
Import subsidies
Embargoes
Import quotas
Import tariffs
Restrictive import standards
Question 11. Question : (TCO 2) The _____ was established to foster
international financial cooperation and its primary functions include
providing short-term loans to countries that are unable to meet their
financial obligations and working to alleviate poverty in developing
economies.
World Trade Organization
World Commerce Center
European Union
North American Free Treaty
International Monetary Fund
Question 12. Question : (TCO 2) _____ refers to buying goods or
services from a supplier in another country.
Franchising
Importing
Licensing