Question 1

Pressure from nationalist and self-interest groups affect the stability of a government.

Accepted Answer

A) True 
 B)False  True

Question 2

What is the U.S. government's policy toward multinational corporations that are confronted with situations where bribery is an issue?

Accepted Answer

A)  A bribe may be paid as long as it is not a domestic situation. 
B)  Bribery is justified if it is a documented traditional practice in a country. 
C)  A bribe can be paid in a foreign country if it is tied to national security. 
D)  It is illegal for a U.S. citizen to pay a bribe. 
E)  The issue revolves around the customs of the country and each issue is decided separately. 
A)  A bribe may be paid as long as it is not a domestic situation. 
B)  Bribery is justified if it is a documented traditional practice in a country. 
C)  A bribe can be paid in a foreign country if it is tied to national security. 
D)  It is illegal for a U.S. citizen to pay a bribe. 
E)  The issue revolves around the customs of the country and each issue is decided separately. D

Question 3

What is one of the main political causes of instability in international markets?

Accepted Answer

A)  varied taxing conventions 
B)  differences in economic philosophies 
C)  global focus 
D)  environmental awareness 
E)  trade disputes 
A)  varied taxing conventions 
B)  differences in economic philosophies 
C)  global focus 
D)  environmental awareness 
E)  trade disputes E

Question 4

Sovereignty is exclusive to the supreme powers exercised by a nation over its own members.

Accepted Answer

A) True 
 B)False

Question 5

It is illegal for U.S. citizens to pay a bribe unless it is a common practice in the host country.

Accepted Answer

A) True 
 B)False

Question 6

When an expropriated investment becomes a government-run entity, it is

Accepted Answer

A)  democratized. 
B)  domesticated. 
C)  nationalized. 
D)  prioritized. 
E)  socialized. 
A)  democratized. 
B)  domesticated. 
C)  nationalized. 
D)  prioritized. 
E)  socialized.

Question 7

Discuss the terms confiscation, expropriation, and domestication. Choose one of these concepts and describe a situation in which it might occur.

Accepted Answer

Confiscation is the seizing of a company

Question 8

Property may legally be seized by the government with or without compensation.

Accepted Answer

A) True 
 B)False

Question 9

Which agency underwrites trade and investments for U.S. firms?

Accepted Answer

A)  Export-Import Bank 
B)  the Federal Trade Commission 
C)  the Agency for International Development 
D)  Social Security Advisory Board 
E)  the Overseas Private Investment Corporation 
A)  Export-Import Bank 
B)  the Federal Trade Commission 
C)  the Agency for International Development 
D)  Social Security Advisory Board 
E)  the Overseas Private Investment Corporation

Question 10

What is true of political sanctions?

Accepted Answer

A)  Political sanctions normally control and rectify situations within a nation. 
B)  Political sanctions are generally unsuccessful. 
C)  Political sanctions are illegal. 
D)  The United Nations encourages boycotts as a means of settling political disputes. 
E)  The use of political sanctions is the most effective way to increase world trade. 
A)  Political sanctions normally control and rectify situations within a nation. 
B)  Political sanctions are generally unsuccessful. 
C)  Political sanctions are illegal. 
D)  The United Nations encourages boycotts as a means of settling political disputes. 
E)  The use of political sanctions is the most effective way to increase world trade.

Question 11

Briefly discuss the role of PSAs and NGOs.

Accepted Answer

The impact of political and social activ

Question 12

In April 2009, the G20 nations agreed to cede some sovereignty and

Accepted Answer

A)  include all G20 nations in the Security Council. 
B)  raise oil prices. 
C)  increase infrastructure funding. 
D)  reject protectionism. 
E)  increase aid to South Africa. 
A)  include all G20 nations in the Security Council. 
B)  raise oil prices. 
C)  increase infrastructure funding. 
D)  reject protectionism. 
E)  increase aid to South Africa.

Question 13

Saudi Arabia began permitting women to vote in 2015.

Accepted Answer

A) True 
 B)False

Question 14

It is common for a single company to directly control or alter the political environment of the country within which it operates.

Accepted Answer

A) True 
 B)False

Question 15

Political sanctions are usually an unsuccessful means of achieving the goal of forcing a country to accept the demands of the boycotting country.

Accepted Answer

A) True 
 B)False

Question 16

Which statement about domestication is correct?

Accepted Answer

A)  The ultimate goal of domestication is to force domestic investors to share more of the profits with the government. 
B)  The risk of domestication appears to have decreased over the last two decades. 
C)  Domestication has always led to more technologically advanced and competitive businesses. 
D)  Countries often require companies to become domesticated as a condition for investment. 
E)  Domestication refers to the seizing of a company's assets without payment. 
A)  The ultimate goal of domestication is to force domestic investors to share more of the profits with the government. 
B)  The risk of domestication appears to have decreased over the last two decades. 
C)  Domestication has always led to more technologically advanced and competitive businesses. 
D)  Countries often require companies to become domesticated as a condition for investment. 
E)  Domestication refers to the seizing of a company's assets without payment.

Question 17

List and briefly discuss the various economic risks that international companies must face when they seek to market abroad.

Accepted Answer

The text lists six economic risks. Excha

Question 18

In Thailand, it is required that any milk product sold in the country by a foreign company must use the milk that is at least 50 percent produced by Thai dairy farmers. What economic risk is faced by the international producers of milk products in this situation?

Accepted Answer

A)  exchange controls 
B)  local-content laws 
C)  export restrictions 
D)  tax controls 
E)  price controls 
A)  exchange controls 
B)  local-content laws 
C)  export restrictions 
D)  tax controls 
E)  price controls

Question 19

Which of these organizations is an NGO (nongovernmental organization)?

Accepted Answer

A)  Central Intelligence Agency 
B)  Peace Corps 
C)  Millennium Challenge Corporation 
D)  Oxfam 
E)  FedEx 
A)  Central Intelligence Agency 
B)  Peace Corps 
C)  Millennium Challenge Corporation 
D)  Oxfam 
E)  FedEx

Question 20

What country recently allowed women the right to vote for the first time?

Accepted Answer

A)  Croatia 
B)  Iran 
C)  Bolivia 
D)  Saudi Arabia 
E)  Venezuela 
A)  Croatia 
B)  Iran 
C)  Bolivia 
D)  Saudi Arabia 
E)  Venezuela

Pressure from nationalist and self-interest groups affect the stability of a government.

What is the U.S. government's policy toward multinational corporations that are confronted with situations where bribery is an issue?

What is one of the main political causes of instability in international markets?

Sovereignty is exclusive to the supreme powers exercised by a nation over its own members.

It is illegal for U.S. citizens to pay a bribe unless it is a common practice in the host country.

When an expropriated investment becomes a government-run entity, it is

Discuss the terms confiscation, expropriation, and domestication. Choose one of these concepts and describe a situation in which it might occur.

Property may legally be seized by the government with or without compensation.

Which agency underwrites trade and investments for U.S. firms?

What is true of political sanctions?

Briefly discuss the role of PSAs and NGOs.

In April 2009, the G20 nations agreed to cede some sovereignty and

Saudi Arabia began permitting women to vote in 2015.

It is common for a single company to directly control or alter the political environment of the country within which it operates.

Political sanctions are usually an unsuccessful means of achieving the goal of forcing a country to accept the demands of the boycotting country.

Which statement about domestication is correct?

List and briefly discuss the various economic risks that international companies must face when they seek to market abroad.

In Thailand, it is required that any milk product sold in the country by a foreign company must use the milk that is at least 50 percent produced by Thai dairy farmers. What economic risk is faced by the international producers of milk products in this situation?

Which of these organizations is an NGO (nongovernmental organization)?

What country recently allowed women the right to vote for the first time?

The Scope and Challenge of International Marketing

The Dynamic Environment of International Trade

History and Geography: the Foundations of Culture

Cultural Dynamics in Assessing Global Markets

Culture, Management Style, and Business Systems

The International Legal Environment: Playing by the Rules

Developing a Global Vision Through Marketing Research

Economic Development and the Americas

Europe, Africa, and the Middle East

The Asia Pacific Region

Global Marketing Management: Planning and Organization

Products and Services for Consumers

Products and Services for Businesses

International Marketing Channels

Integrated Marketing Communications and International Advertising

Personal Selling and Sales Management

Pricing for International Markets

Inventive Negotiations With International Customers, Partners, and Regulators

Filters

Exam 6: The Political Environment: a Critical Concern

Pressure from nationalist and self-interest groups affect the stability of a government.

What is the U.S. government's policy toward multinational corporations that are confronted with situations where bribery is an issue?

What is one of the main political causes of instability in international markets?

Sovereignty is exclusive to the supreme powers exercised by a nation over its own members.

It is illegal for U.S. citizens to pay a bribe unless it is a common practice in the host country.

When an expropriated investment becomes a government-run entity, it is

Discuss the terms confiscation, expropriation, and domestication. Choose one of these concepts and describe a situation in which it might occur.

Property may legally be seized by the government with or without compensation.

Which agency underwrites trade and investments for U.S. firms?

What is true of political sanctions?

Briefly discuss the role of PSAs and NGOs.

In April 2009, the G20 nations agreed to cede some sovereignty and

Saudi Arabia began permitting women to vote in 2015.

It is common for a single company to directly control or alter the political environment of the country within which it operates.

Political sanctions are usually an unsuccessful means of achieving the goal of forcing a country to accept the demands of the boycotting country.

Which statement about domestication is correct?

List and briefly discuss the various economic risks that international companies must face when they seek to market abroad.

In Thailand, it is required that any milk product sold in the country by a foreign company must use the milk that is at least 50 percent produced by Thai dairy farmers. What economic risk is faced by the international producers of milk products in this situation?

Which of these organizations is an NGO (nongovernmental organization)?

What country recently allowed women the right to vote for the first time?

The Scope and Challenge of International Marketing

The Dynamic Environment of International Trade

History and Geography: the Foundations of Culture

Cultural Dynamics in Assessing Global Markets

Culture, Management Style, and Business Systems

The International Legal Environment: Playing by the Rules

Developing a Global Vision Through Marketing Research

Economic Development and the Americas

Europe, Africa, and the Middle East

The Asia Pacific Region

Global Marketing Management: Planning and Organization

Products and Services for Consumers

Products and Services for Businesses

International Marketing Channels

Integrated Marketing Communications and International Advertising

Personal Selling and Sales Management

Pricing for International Markets

Inventive Negotiations With International Customers, Partners, and Regulators

Filters