What are the foundations of international trade and the internationalization of production? – Séance 1 – Anglais.Best

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Sequences
- Collège
  - A Working Holiday
  - Video Games : A Billion Euro Industry
- Lycée
Grammaire
- Cycle 4
  - Le groupe verbal
    - Pouvoir et permettre avec CAN
    - Conseiller en utilisant SHOULD ou OUGHT TO
Vocabulaire
- Cycle 4
  - Les goûts et les dégoûts
- Lycée
  - Connecteurs logiques

What are the foundations of international trade and the internationalization of production? – Séance 1

What are the foundations of international trade and the internationalization of production? – Séance 1

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Question 1 de 10

1. Question
Define: Profit
- The total cost for consumers.
- The difference between revenue and cost.
- The highest market price.
- The salary of a worker.
Exact

Inexact
Question 2 de 10

2. Question
Define: Economies of scale.
- A reduction of expenditure due to mass production.
- A reduction of profit in order to increase market share.
- A reduction of a price due to purchase of large amounts.
- Total amount of costs to produce something.
Exact

Inexact
Question 3 de 10

3. Question
Define: Technological endowment.
- Investment in the technological fields.
- Making some areas larger and more accessible.
- Concentration in HR.
- Significant developments in industrial methods.
Exact

Inexact
Question 4 de 10

4. Question
Define: Market.
- A place where wealth is exchanged
- A place where profits are guaranteed.
- A place where everybody loses.
- A casino.
Exact

Inexact
Question 5 de 10

5. Question
Define: Product differentiation.
- When a company splits its goods between stakeholders.
- When a company sells all its stock to investors.
- When a company gives its products unique characteristics.
- When a company specialises in one product.
Exact

Inexact
Question 6 de 10

6. Question
What is the principle export in the Middle East?
- Microchips.
- Statues of the pyramids.
- Wine.
- Fuel.
Exact

Inexact
Question 7 de 10

7. Question
Why does the EU specialize in the automotive, defense and chemical-pharmaceutical sectors?
- Mechanics is taught from middle school.
- There is no natural gas in Europe.
- R&D support policies.
- It is encouraged by the media.
Exact

Inexact
Question 8 de 10

8. Question
What is specialization?
- When a good trade deal is developed between countries.
- When education is at its peak efficiency.
- When a country concentrates on one type of product.
- When everybody in a country has the same job.
Exact

Inexact
Question 9 de 10

9. Question
Which country exports the most automobiles per % of exports?
- Russia.
- The USA.
- China.
- Oman.
Exact

Inexact
Question 10 de 10

10. Question
What is the principle export of the Caribbean?
- Microchips.
- Food.
- Automobiles.
- Fuel.
Exact

Inexact

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