1.This theory holds that different countries some goods more efficiently than others and questions why citizens of any country should have to buy domestic goods is: A. PLC theory B. Mercantilism C. Absolute advantage D. Comparative advantage 2. It is a useful tool for understanding how and where globally competitive companies develop and sustain themselves. A.Comparative advantage B.Absolute advantage. C.Both comparative and absolute advantage D. Diamond of national competitive advantage E.All listed 3. Factors which led to the growth in the transportation and logistics industry include. A.Labor and production B.Decline of tariffs C.Restriction and exchange rates control D.The separation of raw material E.ABCD 4. Choose all that apply. Foreign exchange can be in the form of A.Cash B.Credit and debit C.Bonds D.Travelers checks 5.This type of transaction the exchange of currency at an agreed rate within two business days. A.swaps B.Options C.spot rate D.Spot transactions E.Derivatives.

1. 1.This theory holds that different countries some goods more efficiently than others and
questions why citizens of any country should have to buy domestic goods is:
A. PLC theory
B. Mercantilism
C. Absolute advantage
D. Comparative advantage
2. It is a useful tool for understanding how and where globally competitive companies develop
and sustain themselves.
A.Comparative advantage
B.Absolute advantage.
C.Both comparative and absolute advantage
D. Diamond of national competitive advantage
E.All listed
3. Factors which led to the growth in the transportation and logistics industry include.
A.Labor and production
B.Decline of tariffs
C.Restriction and exchange rates control
D.The separation of raw material
E.ABCD
4. Choose all that apply. Foreign exchange can be in the form of
A.Cash
B.Credit and debit
C.Bonds
D.Travelers checks

2. 5.This type of transaction the exchange of currency at an agreed rate within two business days.
A.swaps
B.Options
C.spot rate
D.Spot transactions
E.Derivatives