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International Business Challenge

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International Business Challenge

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About this activity

Explore a core global biz concept

Created by

Mila Janković
Mila Janković
Serbia

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International Business Challenge
 

International Business ChallengeOnline version

Explore a core global biz concept

by Mila Janković
1

I knit markets far apart into one big loop; I let goods travel, ideas spark, and firms grow; Yet I can mean more competition and complex costs. What am I?

Hints

It explains why production can happen in one place and sales in another.

It often involves firms operating in more than one country.

It relates to countries trading goods and services across borders.

2

I let goods cross borders without a fee, No taxes or limits standing in the way; I can lower prices, but increase competition.

3

I am a group that works as one, Countries join me to trade more freely; But outsiders may find it harder to compete.

4

I make imports more expensive, A government adds me to protect local firms; But I can lead to higher prices for consumers.

5

I operate in many nations at once, I produce goods beyond my original home; I can bring jobs, but also strong competition. What am I?

6

I operate in many nations at once, I produce goods beyond my original home; I can bring jobs, but also strong competition. What am I?

7

I limit how much can enter a country, I don’t raise prices directly, but restrict supply; Businesses must compete for a smaller share. What am I?

8

I am where a business begins, Its headquarters and main decisions stay with me; Even if it operates around the world. What am I?

9

I happen when a currency loses value, Exports become cheaper, imports more expensive; Businesses selling abroad may benefit. What am I?

10

I welcome foreign businesses to my land, They produce and sell within my borders; But I am not where they started. What am I?

 
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