Question 1

Which of the following databases information to companies exporting from the EU about import conditions in third-country markets?

Accepted Answer

A)  the Foreign Tariff Conditions Database 
B)  the Market Access Database 
C)  the Preferred Trade Partner Database 
D)  the Free Trade Agreement Database 
A)  the Foreign Tariff Conditions Database 
B)  the Market Access Database 
C)  the Preferred Trade Partner Database 
D)  the Free Trade Agreement Database B

Question 2

What percentage of global international trade is estimated to be accounted for by trade in intermediary components via global value chains?

Accepted Answer

A)  60% 
B)  70% 
C)  80% 
D)  90% 
A)  60% 
B)  70% 
C)  80% 
D)  90% C

Question 3

Which of the following countries is the EU the biggest trading partner and foreign direct investor?

Accepted Answer

A)  Australia 
B)  Brazil 
C)  India 
D)  all of these 
A)  Australia 
B)  Brazil 
C)  India 
D)  all of these D

Question 4

As part of its Common Commercial Policy, the EU is entitled to negotiate bilateral trade partnerships and agreements with countries or regional groups of countries as one single entity. Which of the following is NOT an accurate description of the specificities of this international trade mandate?

Accepted Answer

A)  Fragmentation of foreign policy due to Member States' lack of consensus weakens EU negotiation power on the international scene. 
B)  The EU's trade policy aims to simultaneously promote social and environmental standards in its policy and action. 
C)  The EU has exclusive trade negotiation powers in all sectors, without exception. 
D)  All of these are accurate; there is no inaccurate option. 
A)  Fragmentation of foreign policy due to Member States' lack of consensus weakens EU negotiation power on the international scene. 
B)  The EU's trade policy aims to simultaneously promote social and environmental standards in its policy and action. 
C)  The EU has exclusive trade negotiation powers in all sectors, without exception. 
D)  All of these are accurate; there is no inaccurate option.

Question 5

Which of the following most accurately describes the average applied tariff for goods imported into the EU?

Accepted Answer

A)  More than 70% of imports enter the EU at zero or reduced tariffs. 
B)  Less than 70% of imports enter the EU at zero or reduced tariffs 
C)  More than 80% of imports enter the EU at average global tariffs 
D)  About half of imports enter the EU at zero or reduced tariffs 
A)  More than 70% of imports enter the EU at zero or reduced tariffs. 
B)  Less than 70% of imports enter the EU at zero or reduced tariffs 
C)  More than 80% of imports enter the EU at average global tariffs 
D)  About half of imports enter the EU at zero or reduced tariffs

Question 6

Which country, with more than 100 bilateral agreements with the EU, has the most agreements governing their economic integration?

Accepted Answer

A)  Norway 
B)  Switzerland 
C)  Liechtenstein 
D)  Iceland 
A)  Norway 
B)  Switzerland 
C)  Liechtenstein 
D)  Iceland

Question 7

Which of the following correctly ranks the trading partners of the EU from largest to third largest in terms of EU external exports?

Accepted Answer

A)  non-EU Europe (31%), NAFTA (28%), Asia (21%) 
B)  Asia (31%), non-EU Europe (28%), NAFTA (21%) 
C)  NAFTA (31%), Asia (28%), non-EU Europe (21%) 
D)  non-EU Europe (31%), Asia (28%), NAFTA (21%) 
A)  non-EU Europe (31%), NAFTA (28%), Asia (21%) 
B)  Asia (31%), non-EU Europe (28%), NAFTA (21%) 
C)  NAFTA (31%), Asia (28%), non-EU Europe (21%) 
D)  non-EU Europe (31%), Asia (28%), NAFTA (21%)

Question 8

Which bilateral trade relationship with the EU is its strongest, accounting for almost half of global GDP, almost 30 percent of global merchandise trade, and almost 40 percent of world trade in services?

Accepted Answer

A)  EU-China 
B)  EU-ASEAN 
C)  EU-USA 
D)  EU-MERCOSUR 
A)  EU-China 
B)  EU-ASEAN 
C)  EU-USA 
D)  EU-MERCOSUR

Question 9

Which of the following is the worlds' largest importer of services, and its largest investment host and provider?

Accepted Answer

A)  USA 
B)  People's Republic of China 
C)  European Union 
D)  Republic of India 
A)  USA 
B)  People's Republic of China 
C)  European Union 
D)  Republic of India

Question 10

Which of the following regional integration projects is arguably most comparable to the EU in its characteristics, ambitions and relative degree of progress amongst those presented below?

Accepted Answer

A)  North American Free Trade Area 
B)  Association of South-East Asian Nations 
C)  Southern African Development Community 
D)  MERCOSUR 
A)  North American Free Trade Area 
B)  Association of South-East Asian Nations 
C)  Southern African Development Community 
D)  MERCOSUR

Which of the following databases information to companies exporting from the EU about import conditions in third-country markets?

What percentage of global international trade is estimated to be accounted for by trade in intermediary components via global value chains?

Which of the following countries is the EU the biggest trading partner and foreign direct investor?

As part of its Common Commercial Policy, the EU is entitled to negotiate bilateral trade partnerships and agreements with countries or regional groups of countries as one single entity. Which of the following is NOT an accurate description of the specificities of this international trade mandate?

Which of the following most accurately describes the average applied tariff for goods imported into the EU?

Which country, with more than 100 bilateral agreements with the EU, has the most agreements governing their economic integration?

Which of the following correctly ranks the trading partners of the EU from largest to third largest in terms of EU external exports?

Which bilateral trade relationship with the EU is its strongest, accounting for almost half of global GDP, almost 30 percent of global merchandise trade, and almost 40 percent of world trade in services?

Which of the following is the worlds' largest importer of services, and its largest investment host and provider?

Which of the following regional integration projects is arguably most comparable to the EU in its characteristics, ambitions and relative degree of progress amongst those presented below?

Introduction: The New European Business Environment

Landmarks of European Integration: How History and Politics Shape the Business Environment

Enlargement and the Theories of Integration

Institutional Players: How the Rules and Agendas of the European Business Environment Are Set

The Europeanization of a Business Environment

The Europeanization of Business Management

European Economics, Finance and Funding

Marketing in Europe

European Non-Market Strategy: Lobbying the Playing Field

Filters

Exam 10: Competing Internationally

Which of the following databases information to companies exporting from the EU about import conditions in third-country markets?

What percentage of global international trade is estimated to be accounted for by trade in intermediary components via global value chains?

Which of the following countries is the EU the biggest trading partner and foreign direct investor?

As part of its Common Commercial Policy, the EU is entitled to negotiate bilateral trade partnerships and agreements with countries or regional groups of countries as one single entity. Which of the following is NOT an accurate description of the specificities of this international trade mandate?

Which of the following most accurately describes the average applied tariff for goods imported into the EU?

Which country, with more than 100 bilateral agreements with the EU, has the most agreements governing their economic integration?

Which of the following correctly ranks the trading partners of the EU from largest to third largest in terms of EU external exports?

Which bilateral trade relationship with the EU is its strongest, accounting for almost half of global GDP, almost 30 percent of global merchandise trade, and almost 40 percent of world trade in services?

Which of the following is the worlds' largest importer of services, and its largest investment host and provider?

Which of the following regional integration projects is arguably most comparable to the EU in its characteristics, ambitions and relative degree of progress amongst those presented below?

Introduction: The New European Business Environment

Landmarks of European Integration: How History and Politics Shape the Business Environment

Enlargement and the Theories of Integration

Institutional Players: How the Rules and Agendas of the European Business Environment Are Set

The Europeanization of a Business Environment

The Europeanization of Business Management

European Economics, Finance and Funding

Marketing in Europe

European Non-Market Strategy: Lobbying the Playing Field

Filters