MBA: 403 IB ENVIRONMENT MCQs

MBA 403 International Business ENVIRONMENT MCQs

MBA 403 International Business ENVIRONMENT MCQs

for Pune University

# The Importance of the International Business Environment

* International Trade Raises Living Standards. Exports boost the economic development of a country, reduce poverty.

* Exports Increase Sales. Exporting opens new markets for a company to increase its sales. Economies rise and fall.

* Exports Create Jobs. A company that increases its exports needs to hire more people to handle the higher workload.

* Imports Benefit Consumers. Imported products result in lower prices and expand the number of product choices.