BA 370 Exam 2 Gaffen with correct
answers 2025
Fourvsetsvofvcriteriavnecessaryvtovassessvavcountry'svmarketv-vcorrect-answersv-
1.vEconomicvAnalysis
2.vInfrastructurevandvTechnologyvAnalysis
3.vGovernmentalvActionsvorvInactions
4.vSocioculturalvAnalysis
TradevDeficitv-vcorrect-answersv-
Countryvimportsvmorevgoodsvthanvitvexportsv(forvexamplevthevUS).vCanvsignalvthevpotentialvforvgre
atervcompetitionvatvhomevfromvforeignvproducts
TradevSurplusv-vcorrect-answersv-avhighervlevelvofvexportsvthanvimports
GDPv-vcorrect-answersv-
thevmarketvvaluevofvthevgoodsvandvservicesvproducedvbyvavcountryvinvavyear
GNIv-vcorrect-answersv-
GrossvNationalvIncome;vGDPvplusvthevnetvincomevearnedvfromvinvestmentsvabroadv(minusvpayme
ntsvmadevtovnonresidentsvwhovcontributevtovthevdomesticveconomy)
,PPPv-vcorrect-answersv-
PurchasingvPowervParty;vavtheoryvthatvstatesvthatvifvthevexchangevratesvofvtwovcountriesvarevinvequ
ilibrium,vavproductvpurchasedvinvonevwillvcostvthevsamevinvthevother,vifvexpressedvinvthevsamevcurr
ency
AnalyzingvInfrastructurevandvTechnologicalvCapabilities-concernedvwithvfourvkeyvelementsv-
vcorrect-answersv-1.vtransportation
2.vdistributionvchannels
3.vcommunications
4.vcommerce
Tariffv-vcorrect-answersv-Avtaxvleviedvonvavgoodvimportedvintovavcountry-
intendvtovmakevimportedvgoodsvmorevexpensive.vWhenvreduced,vitvisvmeantvtovbolstervforeignvtra
de.
Quotav-vcorrect-answersv-
Minimumvorvmaximumvquantityvofvavproductvthatvmayvbevbroughtvintovavcountryvduringvavspecificv
timevperiod.
NAFTAv-vcorrect-answersv-
NorthvAmericanvFreevTradevAgreement;vmajorvtradevagreementvbetweenvUS,vCanada,vandvMexic
o
ExchangevRatev-vcorrect-answersv-
Thevmeasurevofvhowvmuchvonevcurrencyvisvworthvinvrelationvtovanother
ExchangevControlv-vcorrect-answersv-
Thevregulationvofvavcountry'svcurrencyvexchangevrate,vthevmeasurevofvhowvmuchvonevcurrencyvisv
worthvinvrelationvtovanother
, Whovsetsvthevrulesvforvcurrencyvexchange?v-vcorrect-answersv-
avdesignatedvagencyvinveachvcountry,voftenvthevcentralvbankv(invthevUnitedvStatesvit'svthevUSvFeder
alvReserve)
TradevAgreementv-vcorrect-answersv-
anvintergovernmentalvagreementvdesignedvtovmanagevandvpromotevtradevactivitiesvforvavspecificv
region
TradingvBlocv-vcorrect-answersv-
consistsvofvthosevcountriesvthatvhavevsignedvthevparticularvtradingvagreement
Hostede'svculturalvdimensionsv-vcorrect-answersv-
1.vPowervDistance:vwillingnessvtovacceptvsocialvinequalityvofvtravel
2.vUncertaintyvAvoidance:vsocietyvreliesvonvorderliness,vconsistency,vstructure,vandvformalizedvpro
ceduresvtovaddressvsituationsvthatvarisevinvdailyvlife
3.vIndividualism:vperceivedvobligationvtovandvdependencevonvgroups
4.vMasculinity
5.vTimevOrientation:vshort-termvvsvlong-term
6.vIndulgence
BRICv-vcorrect-answersv-Brazil,vRussia,vIndia,vandvChinavarevthevfourvfast-
growingvmarketsvthatvrepresentvimportantvopportunities.
Exportingv-vcorrect-answersv-leastvfinancialvriskvbutvalsovallowsvforvonlyvavlimitedvreturn
Franchisingv-vcorrect-answersv-allowsvthevfranchisevtovoperatevavbusiness-
avretailvproductvorvservicevfirmvorvavB2Bvprovider-
usingvthevnamevandvbusinessvformatvdevelopedvandvsupportedvbyvthevfranchiser
answers 2025
Fourvsetsvofvcriteriavnecessaryvtovassessvavcountry'svmarketv-vcorrect-answersv-
1.vEconomicvAnalysis
2.vInfrastructurevandvTechnologyvAnalysis
3.vGovernmentalvActionsvorvInactions
4.vSocioculturalvAnalysis
TradevDeficitv-vcorrect-answersv-
Countryvimportsvmorevgoodsvthanvitvexportsv(forvexamplevthevUS).vCanvsignalvthevpotentialvforvgre
atervcompetitionvatvhomevfromvforeignvproducts
TradevSurplusv-vcorrect-answersv-avhighervlevelvofvexportsvthanvimports
GDPv-vcorrect-answersv-
thevmarketvvaluevofvthevgoodsvandvservicesvproducedvbyvavcountryvinvavyear
GNIv-vcorrect-answersv-
GrossvNationalvIncome;vGDPvplusvthevnetvincomevearnedvfromvinvestmentsvabroadv(minusvpayme
ntsvmadevtovnonresidentsvwhovcontributevtovthevdomesticveconomy)
,PPPv-vcorrect-answersv-
PurchasingvPowervParty;vavtheoryvthatvstatesvthatvifvthevexchangevratesvofvtwovcountriesvarevinvequ
ilibrium,vavproductvpurchasedvinvonevwillvcostvthevsamevinvthevother,vifvexpressedvinvthevsamevcurr
ency
AnalyzingvInfrastructurevandvTechnologicalvCapabilities-concernedvwithvfourvkeyvelementsv-
vcorrect-answersv-1.vtransportation
2.vdistributionvchannels
3.vcommunications
4.vcommerce
Tariffv-vcorrect-answersv-Avtaxvleviedvonvavgoodvimportedvintovavcountry-
intendvtovmakevimportedvgoodsvmorevexpensive.vWhenvreduced,vitvisvmeantvtovbolstervforeignvtra
de.
Quotav-vcorrect-answersv-
Minimumvorvmaximumvquantityvofvavproductvthatvmayvbevbroughtvintovavcountryvduringvavspecificv
timevperiod.
NAFTAv-vcorrect-answersv-
NorthvAmericanvFreevTradevAgreement;vmajorvtradevagreementvbetweenvUS,vCanada,vandvMexic
o
ExchangevRatev-vcorrect-answersv-
Thevmeasurevofvhowvmuchvonevcurrencyvisvworthvinvrelationvtovanother
ExchangevControlv-vcorrect-answersv-
Thevregulationvofvavcountry'svcurrencyvexchangevrate,vthevmeasurevofvhowvmuchvonevcurrencyvisv
worthvinvrelationvtovanother
, Whovsetsvthevrulesvforvcurrencyvexchange?v-vcorrect-answersv-
avdesignatedvagencyvinveachvcountry,voftenvthevcentralvbankv(invthevUnitedvStatesvit'svthevUSvFeder
alvReserve)
TradevAgreementv-vcorrect-answersv-
anvintergovernmentalvagreementvdesignedvtovmanagevandvpromotevtradevactivitiesvforvavspecificv
region
TradingvBlocv-vcorrect-answersv-
consistsvofvthosevcountriesvthatvhavevsignedvthevparticularvtradingvagreement
Hostede'svculturalvdimensionsv-vcorrect-answersv-
1.vPowervDistance:vwillingnessvtovacceptvsocialvinequalityvofvtravel
2.vUncertaintyvAvoidance:vsocietyvreliesvonvorderliness,vconsistency,vstructure,vandvformalizedvpro
ceduresvtovaddressvsituationsvthatvarisevinvdailyvlife
3.vIndividualism:vperceivedvobligationvtovandvdependencevonvgroups
4.vMasculinity
5.vTimevOrientation:vshort-termvvsvlong-term
6.vIndulgence
BRICv-vcorrect-answersv-Brazil,vRussia,vIndia,vandvChinavarevthevfourvfast-
growingvmarketsvthatvrepresentvimportantvopportunities.
Exportingv-vcorrect-answersv-leastvfinancialvriskvbutvalsovallowsvforvonlyvavlimitedvreturn
Franchisingv-vcorrect-answersv-allowsvthevfranchisevtovoperatevavbusiness-
avretailvproductvorvservicevfirmvorvavB2Bvprovider-
usingvthevnamevandvbusinessvformatvdevelopedvandvsupportedvbyvthevfranchiser
