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Global Business - Unit 3 - Learning Checks Exam Questions and verified Answers 2026

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Global Business - Unit 3 - Learning Checks Exam Questions and verified Answers 2026 Global Business - Unit 3 - Learning Checks Exam Questions and verified Answers 2026

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A farmers market has many vendors and consumers who C
all sell and buy the same produce at the same price.
Which type of market is represented?
A. Monopoly
B. Monopolistic competition
C. Pure competition
D. Oligopoly


A sole, national telephone company was found violating D
antitrust laws and was forced to separate into regional
companies.
What caused the violation of the antitrust laws?
A. Technological innovation
B. Increased profits
C. Service disruptions
D. Reduced competition


Which issue was the main purpose of the creation of the A
European Union?
A. Natural resources
B. Labor
C. Fiscal policy
D. Currency


Many countries from several geographic regions are B
accused of dumping steel into the U.S. market at unfairly
low prices.
Which entity can the United States appeal to in order to
correct this apparent market manipulation?
A. International Monetary Fund
B. World Trade Organization
C. World Bank
D. European Union

, Which of these agreements or treaties was to combat A
increased temperatures of global climate change?
A. Paris
B. Antarctic
C. Maastricht
D. Versailles


Which governmental entity was created to provide B
regulatory authority regarding pollution by industry?
A. Federal Bureau of Investigation
B. Environmental Protection Agency
C. Department of Commerce
D. Department of Agriculture


Which type of duty is required to take care of the D
collective environment across the nation?
A. Customs
B. Assigned
C. Individual
D. Shared


What makes the enforcement of United Nations A
Environmental Program regulations difficult?
A. Sovereign rights of nations
B. Pure competitive markets
C. World Food Program distributions
D. Peacekeeping missions of nations


Which action is used by companies wishing to avoid D
working with vendors who use sweatshops?
A. Sending a whistleblower to the job sites to ensure the
vendor practices safe working conditions
B. Establishing national child labor laws and requiring
vendors to comply with them
C. Allowing vendor practices to be flagged by
nongovernmental organizations such as the National
Labor Committee
D. Developing and imposing a company internal code of
conduct for vendor labor practices


A major footwear brand company is contracting the B
manufacturing of its products to a contractor's
manufacturing plant overseas. The footwear company has
been accused of turning a blind eye to sweatshop
practices at other overseas contract locations before.
How should the footwear company ensure that the
contractor will comply with the standards set forth in the
code of conduct that explicitly prohibit this practice?
A. Require the contractor to self-report compliance on a
monthly basis
B. Require that the factories be available for inspections
C. Prohibit the use of worker overtime
D. Restrict authorization to daytime shifts

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