1. In addition to gaining new markets, businesses go international in the search for ____________.
(a) political risk
(b) protectionism
(c) lower labor costs
(d) most favored nation status
2. When Rocky Brands bought 70% ownership of a manufacturing company in the Dominican Republic, Rocky was engaging in which form of international business?
(a) import/export
(b) licensing
(c) foreign subsidiary
(d) joint venture
3. When Limited Brands buys cotton in Egypt and has pants sewn from it in Sri Lanka according to designs made in Italy and then sells the pants in the United States, this is a form of international business known as ____________.
(a) licensing 

(b) importing
(c) joint venturing 

(d) global sourcing
4. When foreign investment creates new jobs that are filled by local domestic workers, some call the result ____________ as opposed to the more controversial notion of outsourcing.
(a) globalization
(b) insourcing
(c) joint venturing
(d) licensing