Match the Term with Its Definition

question 4

Multiple Choice

Match the term with its definition.
-Selling products produced in the home country to customers in another country

• A)cross-border acquisition
• B)exporting
• C)globalization
• D)greenfield venture
• E)importing
• F)offshoring
• G)trade intermediary
• H)trade mission

Recognize the reasons behind the upward slope of the supply curve.

Examine the influence of external events on market equilibrium (disease discoveries, technological breakthroughs).

Understand the factors that lead to shifts in supply curves.

Identify the conditions that cause market shortages and surpluses.

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Definitions:

Managing

The process of directing and controlling a group or organization to achieve its goals.

Leading

The act of guiding, directing, or influencing others towards achieving a common goal or objective.

Visionary

A person with original ideas about what the future will or could be like.

Stability

A state of being where elements remain constant, undisturbed, or in equilibrium, often used in the context of emotions, economics, or structures.