FBLA INTERNATIONAL/GLOBAL BUSINESS EXAM ACTUAL
QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS
VERIFIED LATEST UPDATE GRADED A+ 2026/2027
1) The economic system C) market economy
based upon the profit
motive is the:
A) socialist economy
B) command economy
C) market economy
D) mixed economy
2) Global dependency exists B) items that consumers need and want
when: are created in other countries
A) countries count on
financial aid from other
parts of the world
B) items that consumers
need and want are
,created in other
countries
C) countries ban foreign trade
D) a citizen from a country
gives birth to a child in a
foreign country
3) ___ are products sold in C) Exports
other countries.
A) Domestic goods
B) Imports
C) Exports
D) Foreign goods
4) Which is not a cultural and D) type of government
social factor that affects the
international business
environment?
A) education
B) language
,C) values and customs
D) type of government
, 5) The host country B) is the country in which a multinational
A) is the country in which a enterprise is a guest
multinational enterprise is
headquartered
B) is the country in which a
multinational enterprise is
a guest
C) does not have influence
on the operation of the
international business
D) is a democracy that
allows the entrance of
international
businesses
6) Which country would have A) Mexico
the greatest number of
extended families?
A) Mexico
QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS
VERIFIED LATEST UPDATE GRADED A+ 2026/2027
1) The economic system C) market economy
based upon the profit
motive is the:
A) socialist economy
B) command economy
C) market economy
D) mixed economy
2) Global dependency exists B) items that consumers need and want
when: are created in other countries
A) countries count on
financial aid from other
parts of the world
B) items that consumers
need and want are
,created in other
countries
C) countries ban foreign trade
D) a citizen from a country
gives birth to a child in a
foreign country
3) ___ are products sold in C) Exports
other countries.
A) Domestic goods
B) Imports
C) Exports
D) Foreign goods
4) Which is not a cultural and D) type of government
social factor that affects the
international business
environment?
A) education
B) language
,C) values and customs
D) type of government
, 5) The host country B) is the country in which a multinational
A) is the country in which a enterprise is a guest
multinational enterprise is
headquartered
B) is the country in which a
multinational enterprise is
a guest
C) does not have influence
on the operation of the
international business
D) is a democracy that
allows the entrance of
international
businesses
6) Which country would have A) Mexico
the greatest number of
extended families?
A) Mexico
