Exam 7: Serving Global Markets

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International direct investment involves a higher degree of risk and involvement than does foreign licensing.

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Dell is famous for its build-to-order computers; however, the company decided to sell prebuilt computers in China's retail stores. What is this a result of?

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Match each item to the statement or sentence listed below. a.exporting b.World Trade Organization c.infrastructure d.exchange rate e.tariff f.import quota g.dumping h.ISO certification i.foreign licensing j.multinational corporation k.global marketing strategy l.multi-domestic marketing strategy m.countertrade n.joint venture o.exchange control p.customs union q.Free Trade Area of the Americas r.European Union s.importer t.embargo u.franchise -is a form of exporting whereby goods and services are bartered rather than sold for cash.

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What is one requirement for companies regarding exchange control?

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Who is the largest private employer in the world?

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