Adrian B. Gallardo October 22, 2021
3BSMA-3
IBT Assignment
Chapter #6
Review Questions!
•What are the main reasons companies import goods?
•What is the purpose of the customs department of a country’s government?
•How can exporting companies determine if their products can be sold in other countries?
•Why are banks often involved in export transactions?
•What determines whether an exporter ships by air or water?
•How can a trade deficit affect a country’s economy?
•Why is countertrade used in international business?
•What are the main factors that affect the amount of business competition?
•What are the advantages of competition?
