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Sitkin & Bowen: International Business 2e

Chapter 4: Self test questions

Instructions

Answer the following questions and then press 'Submit' to get your score.

Question 1

The United Nations is described as a single purpose IGO (International Governmental Organization).

Question 2

Two of the advantages of belonging to a Regional Agreement (RA) are peaceful relations and greater currency stability.

Question 3

The European Union (EU) contains 27 member states and nearly 500 million consumers.

Question 4

The so-called Bretton Woods institutions include NAFTA and the OECD.

Question 5

The key distinction of a fixed rate foreign exchange regime is that it is governed by supply and demand within the market.