Reference no: EM13928946
Question 1. Intangible products, such as income tax return preparations, education, and healthcare.
A. Business
B. Goods
C. Services
D. Entrepreneur
E. Revenue
Question 2. That part of economics that studies the operations of a nation's economy as a whole.
A. Economics
B. Microeconomics
C. Macroeconomics
D. Resource development
E. Invisible Hand
Question 3. Buying products from another country.
A. Importing
B. Exporting
C. Free Trade
D. Absolute advantage
E. Comparative advantage
Question 4. Standards of moral behavior; behavior accepted by society as right versus wrong.
A. Corporate policy
B. Corporate responsibility
C. Corporate social initiatives
D. CSR
E. Ethics
Question 5. The difference between money flowing into a country and money flowing out of a country.
A. Balance of payments
B. Balance of trade
C. Common Market
D. Countertrading
E. Devaluation
Question 6. A tax imposed on imports.
A. Trade surplus
B. Trade deficit
C. Tariffs
D. Strategic alliance
E. Multinational corporation
Question 7. Someone internally, who acts like an entrepreneur.
A. Home-based Business
B. Extrapreneurs
C. Intrapreneurs
D. Preneurs
E. None of the above
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