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.
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