Question: this question is from international business Please indicate the correct answer 1. I wish to compare economic development of different countries. Which of the following

this question is from international business

this question is from international business

Please indicate the correct answer 1. I wish to compare economic development of different countries. Which of the following would be the most appropriate measure? a. GDP b. Gini Index c. Human Development index d. GDP per capita 2. John, who comes from an achievement oriented culture, is selling to Ahmed, who is from a nurturing oriented culture. John is frustrated with the lack of progress in his sales call to Ahmed. What should John do? a. Focus on benefits for Ahmed b. Focus on features of the product c. Speak to someone higher up in Ahmed's organization d. Focus on getting to know Ahmed as a person 3. Your friend says that his country is doing very well internationally by producing and selling as exports far more than it imports thus building up huge trade surpluses and foreign exchange reserves. What trade theory may that country be following? a. New Trade theory b. Factor proportions theory c. Mercantilism d Theory of Comparative Advantage

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