Countries with High Real GDP Per Capita Tend to Have

question 90

Multiple Choice

Countries with high real GDP per capita tend to have ______ infant mortality rates and ______ literacy rates than countries with low real GDP per capita.

• A) higher;higher
• B) higher;lower
• C) lower;higher
• D) lower;lower
• E) equivalent;lower

Understand the basic concepts and significance of international business.

Identify different strategies and structures of multinational corporations (MNCs).

Recognize the ethical, legal, and environmental concerns in international business.

Comprehend the roles and challenges of global managers.

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Definitions:

Internal Environment

The conditions, entities, events, and factors within an organization that influence its activities and choices.

Business Strategy

A plan of action designed to achieve a long-term or overall aim of the business, considering internal and external factors.

Central American Free Trade Agreement (CAFTA)

A trade agreement aimed at reducing tariffs and increasing trade between the U.S. and Central American countries.

Free-Trade Zone

A designated area within a country where goods can be imported, stored, processed, and exported without the intervention of customs authorities.