The totality of interactive relationships between people, directly related to production and business activities that create products and goods for trade and exchange in the market, or between the supply side and the demand side, in the most reasonable and legal manner.

All activities involved in the production and reproduction of material wealth for people and society, creating material values with relatively high efficiency compared with the effort, resources and time invested.

The total market value of all final goods and services produced within a country in a year.

The set of natural resources and geographical conditions that a nation possesses.

Car production is capital intensive, while handicraft production is labour intensive.

Car production is labour intensive, while handicraft production is capital intensive.

Both car production and handicraft production are capital intensive.

Both car production and handicraft production are labour intensive.

Group G – Wholesale and Retail Trade

Group H – Transport and Warehousing

Group I – Accommodation and Food Services

Group M – Real Estate Activities

Any activity that uses available resource factors, creates a quantity of goods and services, exchanges them and creates a greater amount of value than what was spent.

Any activity that consumes time and resources without producing goods or services for exchange.

Any activity carried out by the government to collect taxes.

Any activity that involves only buying and selling in a market.

The value created lies only in the drink itself.

Low-cost ingredients can be sold at higher prices because of location, branding and customer experience, so the value lies in the service and experience, not only the drink.

A milk tea shop is a typical capital-intensive industry.

A milk tea shop is not an economic activity because it is a small business.

Gradually relocating low value-added production stages to other countries.

Moving all production stages back to the home country.

Hiring more domestic workers for high value-added stages only.

Transferring ownership of the parent company to its local branches.

Branches, subsidiaries and agencies around the world are centrally owned by the parent company, although their specific day-to-day operations are not necessarily identical.

Each branch is fully independent in ownership and has no ownership link to the parent company.

MNCs always apply exactly the same operating techniques in every location.

MNCs operate only within the borders of a single country.

To internationalize production and markets in order to avoid trade restrictions, quotas and import taxes in purchasing countries, and to make use of raw materials and cheap labour.

To reduce the number of countries in which they operate.

To freely transfer all of their technology to any partner without conditions.

To concentrate all production in a single country to avoid business cycle uncertainty.

International trade; international investment; international cooperation in science and technology.

International trade; national defence; compulsory social security.

Domestic retail; wholesale trade; real estate activities.

Agriculture; forestry; fisheries.

The growth rate of world trade is faster than the growth rate of gross national product.

The growth rate of tangible goods is faster than the growth rate of intangible goods.

The life cycle of products is getting longer and longer.

The share of exports of raw materials has increased while processed technology products have decreased.

Gross national income (GNI)

Gross domestic product (GDP)

Unemployment rate

Inflation rate

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Vietequity

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Output

Revenue

Inflation rate

Expenses

True

False

True

False

True

False

True

False

True

False

True

False