The Practice of Understanding Another Culture on Its Own Terms

question 24

Multiple Choice

The practice of understanding another culture on its own terms and using its own standards is called

• A)ethnocentrism.
• B)cultural relativism.
• C)cultural diffusion.
• D)cultural integration.

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Definitions:

Trade Surplus

A situation where a country's exports exceed its imports over a given period, indicating a net inflow of domestic currency from foreign markets.

Foreign Direct Investment

Investment made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets in the other country.

Automobile Factory

A manufacturing facility dedicated to producing automobiles, encompassing assembly lines and machinery specific to vehicle production.

Foreign Direct Investment

A company or individual from one country investing in another country by either setting up business operations or buying business assets there.