Assessing a Country as a Market (Edexcel A-Level Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What is disposable income?
What is disposable income?
Money after taxes & mandatory deductions
What typically happens when disposable income falls?
What typically happens when disposable income falls?
Consumers reduce spending on luxury items
Between 2011-2014, how did UK disposable income trend compared to Greece?
Between 2011-2014, how did UK disposable income trend compared to Greece?
UK rose consistently; Greece fell
Which country consistently ranks 1st in World Bank ease of doing business rankings?
Which country consistently ranks 1st in World Bank ease of doing business rankings?
Singapore
Which is NOT one of the World Bank's ten business environment indicators?
Which is NOT one of the World Bank's ten business environment indicators?
Employee satisfaction levels
What does poor infrastructure directly cause for businesses?
What does poor infrastructure directly cause for businesses?
Increased production & operating costs
Which country ranks 1st (least corrupt) in Transparency International's index?
Which country ranks 1st (least corrupt) in Transparency International's index?
Denmark
What does currency appreciation mean?
What does currency appreciation mean?
Currency rises in value vs other currencies
When the pound appreciates, what happens to UK exports?
When the pound appreciates, what happens to UK exports?
They become more expensive for foreigners
When the pound appreciates, what happens to UK foreign investment costs?
When the pound appreciates, what happens to UK foreign investment costs?
Foreign currency becomes cheaper to buy