With a 2013 GNI per capital of $1,570, India has transitioned out from the former category and now is classified as a(n):

A) low-income country.
B) upper-middle-income country.
C) lower-middle-income country.
D) upper-income country.
E) lower-upper-income country.


C

Business

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If British interest rates are lower than those of the United States, then the pound shows a forward discount, which means the forward rate is less than the spot rate.

a. True b. False

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Which type of scale is regarded as the highest form of measurement?

A. nominal scale B. ordinal C. ratio D. interval

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All information under a heading should relate to the heading, but:

A) if the report is written in first person, this is not necessarily so B) fewer than 10 headings is preferred in marketing research studies C) subheadings may divide information into segments D) new headings should not be created just because there is a new topic E) none of the above are true

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Which of the following is a reason to become familiar with international business communication practices discussed in the chapter?

A. You may find yourself working for a company owned by a company from another country. B. Many products are made overseas. C. To learn different languages. D. Networking is always valuable for businesses.

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