ENTREPRENEURSHIP

ENTREPRENEURSHIP AND THE GLOBAL ECONOMY

CULTURAL DIFFERENCES AND ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What classifies goods sold in the international market?
A
IBEX
B
GDP
C
Trade Barriers
D
SITC codes
Explanation: 

Detailed explanation-1: -The Standard international trade classification, abbreviated as SITC, is a product classification of the United Nations (UN) used for external trade statistics (export and import values and volumes of goods), allowing for international comparisons of commodities and manufactured goods.

Detailed explanation-2: -SITC 3 Descriptions. MEAT AND EDIBLE MEAT OFFAL, PREPARED OR PRESERVED N.E.S. FISH, CRUSTACEANS, MOLLUSCS AND OTHER AQUATIC INVERTEBRATES, PREPARED OR PRESERVED, N.E.S. CEREAL MEALS AND FLOURS, N.E.S.

Detailed explanation-3: -Standard International Trade Classification (SITC) This classification is used to provide aggregated data (short-term and long-term indicators). The SITC (managed by the United Nations) is correlated with the subheadings of the Harmonised System.

There is 1 question to complete.