Question 1

Treaties and international contracts represent informal agreements among nations or firms.

Accepted Answer

A) True 
 B)False

Question 2

______ refers to an economic system in which free enterprise is permitted and encouraged along with private ownership.

Accepted Answer

A) Socialism 
B) Communism 
C) Fascism 
D) Capitalism 
E) Planned economics 
A) Socialism 
B) Communism 
C) Fascism 
D) Capitalism 
E) Planned economics

Question 3

In this system, parties with differing policy goals form a coalition government.

Accepted Answer

A) single-party 
B) dual-party 
C) multiple-party 
D) bi-cameral system 
E) communist 
A) single-party 
B) dual-party 
C) multiple-party 
D) bi-cameral system 
E) communist

Question 4

The three main political ideologies are:

Accepted Answer

A) Communism, capitalism and globalism 
B) Communism, capitalism and radicalism 
C) Communism, capitalism and modernism 
D) Communism, capitalism and Confucianism 
E) Communism, capitalism and socialism 
A) Communism, capitalism and globalism 
B) Communism, capitalism and radicalism 
C) Communism, capitalism and modernism 
D) Communism, capitalism and Confucianism 
E) Communism, capitalism and socialism

Question 5

In Pakistan, importers and exporters of raw materials rely on a technique that is known as _____ to avoid the ban on interest.

Accepted Answer

A) credit cards 
B) foreign loans 
C) higher prices 
D) murabaha 
E) collateral 
A) credit cards 
B) foreign loans 
C) higher prices 
D) murabaha 
E) collateral

Question 6

U.S.government has been pressuring its allies to shun Chinese tech giant _____ network equipment due to its concern that Huawei has a secret mission as a high-tech spy for the Chinese government

Accepted Answer

A) Xiaomi 
B) Alibaba 
C) Baidu 
D) Huawei 
E) Didi 
A) Xiaomi 
B) Alibaba 
C) Baidu 
D) Huawei 
E) Didi

Question 7

The government in each country determines which industries will receive:

Accepted Answer

A) protection in the country and which will face open competition. 
B) benefits. 
C) penalties. 
D) monopolies. 
E) special protection from the armed services. 
A) protection in the country and which will face open competition. 
B) benefits. 
C) penalties. 
D) monopolies. 
E) special protection from the armed services.

Question 8

The group consisting of the original G-7 and _____ is known as G-8.

Accepted Answer

A) Singapore 
B) Ireland 
C) Russia 
D) China 
E) New Zealand 
A) Singapore 
B) Ireland 
C) Russia 
D) China 
E) New Zealand

Question 9

In this system, no party has a clear majority.

Accepted Answer

A) single-party 
B) dual-party 
C) multiple-party 
D) bi-cameral system 
E) communist 
A) single-party 
B) dual-party 
C) multiple-party 
D) bi-cameral system 
E) communist

Question 10

_______ refers to an economic system in which free enterprise is permitted and encouraged along with private ownership.

Accepted Answer

The answer of _______ refers to an economic system in...

Question 11

_____ was founded in 1949 to stop the flow of Western technology to the Soviet Union.Australia, Japan, and the NATO countries (except Ireland) are members.

Accepted Answer

A) The NATO alliance 
B) The Western bloc 
C) The Eastern bloc 
D) The G-7 (Group of Seven) 
E) COCOM (The Coordinating Committee for Multilateral Controls) 
A) The NATO alliance 
B) The Western bloc 
C) The Eastern bloc 
D) The G-7 (Group of Seven) 
E) COCOM (The Coordinating Committee for Multilateral Controls)

Question 12

The ______ encourages firms to join forces to improve their export performance by exempting them from antitrust laws.This act was patterned after similar legislation in Japan and Germany.

Accepted Answer

A) Sherman Act 
B) Clayton Act 
C) Federal Trade Commission Act 
D) Foreign Corrupt Practices Act 
E) Export Trading Company Act 
A) Sherman Act 
B) Clayton Act 
C) Federal Trade Commission Act 
D) Foreign Corrupt Practices Act 
E) Export Trading Company Act

Question 13

Both capitalistic and socialistic countries in which government planning and ownership play a major role are also referred to as planned economies.

Accepted Answer

A) True 
 B)False

Question 14

_______ restrict all trade with a nation for political purposes.

Accepted Answer

The answer of _______ restrict all trade with a nation...

Question 15

Trade laws that harm other countries are likely to invoke ______.

Accepted Answer

A) war 
B) retaliation 
C) domestication attempts 
D) covert action 
E) United Nations sanction 
A) war 
B) retaliation 
C) domestication attempts 
D) covert action 
E) United Nations sanction

Question 16

What type of political events are executives most concerned with in host countries?

Accepted Answer

A) major political upheavals. 
B) day-to-day low-key events that produce a fairly significant change in policy. 
C) property seizures. 
D) terrorist strikes. 
E) labor strikes. 
A) major political upheavals. 
B) day-to-day low-key events that produce a fairly significant change in policy. 
C) property seizures. 
D) terrorist strikes. 
E) labor strikes.

Question 17

The U.S.government accounts for a _____ of the total U.S.consumption.

Accepted Answer

The answer of The U.S.government accounts for a _____ of...

Question 18

The International Court of Justice was established by the _____ to settle international conflicts between nations, not between individual parties and companies.

Accepted Answer

A) United Nations 
B) Asian Development Bank 
C) International Labor Organization 
D) International Monetary Fund 
E) World Bank 
A) United Nations 
B) Asian Development Bank 
C) International Labor Organization 
D) International Monetary Fund 
E) World Bank

Question 19

_____ is generally considered to be a system that falls in the middle between largely independent systems and controlled economic systems.

Accepted Answer

A) Socialism 
B) Communism 
C) Neo-fascism 
D) Capitalism 
E) Monarchies 
A) Socialism 
B) Communism 
C) Neo-fascism 
D) Capitalism 
E) Monarchies

Question 20

All of the following are considered forms of nontariff barriers except:

Accepted Answer

A) government participation in trade. 
B) customs and entry procedures. 
C) product requirements. 
D) countervailing duties. 
E) quotas. 
A) government participation in trade. 
B) customs and entry procedures. 
C) product requirements. 
D) countervailing duties. 
E) quotas.

Treaties and international contracts represent informal agreements among nations or firms.

______ refers to an economic system in which free enterprise is permitted and encouraged along with private ownership.

In this system, parties with differing policy goals form a coalition government.

The three main political ideologies are:

In Pakistan, importers and exporters of raw materials rely on a technique that is known as _____ to avoid the ban on interest.

U.S.government has been pressuring its allies to shun Chinese tech giant _____ network equipment due to its concern that Huawei has a secret mission as a high-tech spy for the Chinese government

The government in each country determines which industries will receive:

The group consisting of the original G-7 and _____ is known as G-8.

In this system, no party has a clear majority.

_______ refers to an economic system in which free enterprise is permitted and encouraged along with private ownership.

_____ was founded in 1949 to stop the flow of Western technology to the Soviet Union.Australia, Japan, and the NATO countries (except Ireland) are members.

The ______ encourages firms to join forces to improve their export performance by exempting them from antitrust laws.This act was patterned after similar legislation in Japan and Germany.

Both capitalistic and socialistic countries in which government planning and ownership play a major role are also referred to as planned economies.

_______ restrict all trade with a nation for political purposes.

Trade laws that harm other countries are likely to invoke ______.

What type of political events are executives most concerned with in host countries?

The U.S.government accounts for a _____ of the total U.S.consumption.

The International Court of Justice was established by the _____ to settle international conflicts between nations, not between individual parties and companies.

_____ is generally considered to be a system that falls in the middle between largely independent systems and controlled economic systems.

All of the following are considered forms of nontariff barriers except:

Globalization Imperative

Economic Environment

Financial Environment

Global Cultural Environment and Buying Behavior

Global Marketing Research

Global Segmentation and Positioning

Global Marketing Strategies

Global Market Entry Strategies

Global Product Policy Decisions I: Developing New Products for Global Markets

Global Product Policy Decisions Ii: Marketing Products and Services

Global Pricing

Global Communication Strategies

Sales Management

Global Logistics and Distribution

Export and Import Management

Planning, Organization, and Control of Global Marketing Operations

Marketing Strategies for Emerging Markets

Global Marketing and the Internet

Sustainable Marketing in the Global Marketplace

Filters

Exam 5: Political and Legal Environment

Treaties and international contracts represent informal agreements among nations or firms.

______ refers to an economic system in which free enterprise is permitted and encouraged along with private ownership.

In this system, parties with differing policy goals form a coalition government.

The three main political ideologies are:

In Pakistan, importers and exporters of raw materials rely on a technique that is known as _____ to avoid the ban on interest.

U.S.government has been pressuring its allies to shun Chinese tech giant _____ network equipment due to its concern that Huawei has a secret mission as a high-tech spy for the Chinese government

The government in each country determines which industries will receive:

The group consisting of the original G-7 and _____ is known as G-8.

In this system, no party has a clear majority.

_______ refers to an economic system in which free enterprise is permitted and encouraged along with private ownership.

_____ was founded in 1949 to stop the flow of Western technology to the Soviet Union.Australia, Japan, and the NATO countries (except Ireland) are members.

The ______ encourages firms to join forces to improve their export performance by exempting them from antitrust laws.This act was patterned after similar legislation in Japan and Germany.

Both capitalistic and socialistic countries in which government planning and ownership play a major role are also referred to as planned economies.

_______ restrict all trade with a nation for political purposes.

Trade laws that harm other countries are likely to invoke ______.

What type of political events are executives most concerned with in host countries?

The U.S.government accounts for a _____ of the total U.S.consumption.

The International Court of Justice was established by the _____ to settle international conflicts between nations, not between individual parties and companies.

_____ is generally considered to be a system that falls in the middle between largely independent systems and controlled economic systems.

All of the following are considered forms of nontariff barriers except:

Globalization Imperative

Economic Environment

Financial Environment

Global Cultural Environment and Buying Behavior

Global Marketing Research

Global Segmentation and Positioning

Global Marketing Strategies

Global Market Entry Strategies

Global Product Policy Decisions I: Developing New Products for Global Markets

Global Product Policy Decisions Ii: Marketing Products and Services

Global Pricing

Global Communication Strategies

Sales Management

Global Logistics and Distribution

Export and Import Management

Planning, Organization, and Control of Global Marketing Operations

Marketing Strategies for Emerging Markets

Global Marketing and the Internet

Sustainable Marketing in the Global Marketplace

Filters