Question 1

The ______ specifically forbade every contract, combination, or conspiracy to restrain free and open trade.

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 2

In the United States, the organization that seeks to help firms considering exports to other countries is the International Trade Agency (ITA).

Accepted Answer

A) True 
 B)False

Question 3

_____ are country-based political trade controls.

Accepted Answer

A) Embargoes and sanctions 
B) Nontariff barriers 
C) Taxing imports 
D) Taxing exports 
E) Tariffs 
A) Embargoes and sanctions 
B) Nontariff barriers 
C) Taxing imports 
D) Taxing exports 
E) Tariffs

Question 4

Profit remittances and differential taxation and interest rates are illustrations of which of the following types of control?

Accepted Answer

A) ownership control 
B) incentive control 
C) industry control 
D) financial control 
E) political control 
A) ownership control 
B) incentive control 
C) industry control 
D) financial control 
E) political control

Question 5

The Middle East crisis and the September 11 terrorist attacks on the United States have caused tremendous concern about the future _____?

Accepted Answer

A) aluminum supply 
B) oil supply 
C) copper supply 
D) food supply 
E) none of the above 
A) aluminum supply 
B) oil supply 
C) copper supply 
D) food supply 
E) none of the above

Question 6

A ______ country is a country in which foreign companies are allowed to do business in accordance with its government's policies and its laws.

Accepted Answer

The answer of A ______ country is a country in...

Question 7

______ is an outright takeover of assets without compensation.

Accepted Answer

A) Expropriation 
B) Confiscation 
C) Domestication 
D) Nationalization 
E) None of the above 
A) Expropriation 
B) Confiscation 
C) Domestication 
D) Nationalization 
E) None of the above

Question 8

_____ if unfettered, may result in excessive production and excessive consumption, thereby causing social problems of great magnitude.

Accepted Answer

A) Socialism 
B) Communism 
C) Protected economies 
D) Monopolies 
E) Capitalism 
A) Socialism 
B) Communism 
C) Protected economies 
D) Monopolies 
E) Capitalism

Question 9

An example of the dual-party system in operation is found in:

Accepted Answer

A) Mexico 
B) Britain 
C) India 
D) Pakistan 
E) Japan 
A) Mexico 
B) Britain 
C) India 
D) Pakistan 
E) Japan

Question 10

To reduce the risk of expropriation or confiscation of company assets overseas, many companies use ______ with local companies.

Accepted Answer

A) joint ventures 
B) strategic alliances 
C) contract manufacturing 
D) licensing 
E) none of the above 
A) joint ventures 
B) strategic alliances 
C) contract manufacturing 
D) licensing 
E) none of the above

Question 11

International law comes from customs, national and international court decisions, and:

Accepted Answer

A) tradition. 
B) joint ventures. 
C) strategic alliances. 
D) cabals. 
E) international treaties. 
A) tradition. 
B) joint ventures. 
C) strategic alliances. 
D) cabals. 
E) international treaties.

Question 12

How do the macroeconomic policies of a host country affect a foreign company's operations?

Accepted Answer

A host country is a country in which for

Question 13

According to the PRS Group's 2016 International Country Risk Rating, which of the following countries has the highest risk rating?

Accepted Answer

A) Greece 
B) Iran 
C) Singapore 
D) Finland 
E) Bangladesh 
A) Greece 
B) Iran 
C) Singapore 
D) Finland 
E) Bangladesh

Question 14

What is a VPN?

Accepted Answer

A) Virtual personal network 
B) Vital personal network 
C) Very personal network 
D) Virtual private network 
E) Very private network 
A) Virtual personal network 
B) Vital personal network 
C) Very personal network 
D) Virtual private network 
E) Very private network

Question 15

Technically speaking, there is no enforceable body of international law.

Accepted Answer

A) True 
 B)False

Question 16

International law represents ______ among countries.

Accepted Answer

A) very loose arrangements 
B) contractually binding agreements 
C) gentlemen's agreements 
D) almost no control of law 
E) the best and most recognized legal standards 
A) very loose arrangements 
B) contractually binding agreements 
C) gentlemen's agreements 
D) almost no control of law 
E) the best and most recognized legal standards

Question 17

Legal issues facing a company affect:

Accepted Answer

A) pricing decisions. 
B) packaging decisions. 
C) product decisions. 
D) all of the above. 
E) none of the above. 
A) pricing decisions. 
B) packaging decisions. 
C) product decisions. 
D) all of the above. 
E) none of the above.

Question 18

An example of a direct government subsidy by the United States to meet foreign competition would be:

Accepted Answer

A) Microsoft. 
B) COMECON. 
C) The Tennessee Valley Authority. 
D) BART in California. 
E) SEMATECH (Semiconductor Manufacturing Technology). 
A) Microsoft. 
B) COMECON. 
C) The Tennessee Valley Authority. 
D) BART in California. 
E) SEMATECH (Semiconductor Manufacturing Technology).

Question 19

International marketers cannot afford to be ______ as they interact with a multitude of political and legal systems, including their own at home.

Accepted Answer

A) geocentric 
B) ethnocentric 
C) polycentric 
D) multicentric 
E) none of the above 
A) geocentric 
B) ethnocentric 
C) polycentric 
D) multicentric 
E) none of the above

Question 20

The _____ was designed to prohibit the payment of any money or anything of value to foreign officials, foreign political parties, or any candidate for foreign political office for purposes of obtaining, retaining, or directing business.

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

The ______ specifically forbade every contract, combination, or conspiracy to restrain free and open trade.

In the United States, the organization that seeks to help firms considering exports to other countries is the International Trade Agency (ITA).

_____ are country-based political trade controls.

Profit remittances and differential taxation and interest rates are illustrations of which of the following types of control?

The Middle East crisis and the September 11 terrorist attacks on the United States have caused tremendous concern about the future _____?

A ______ country is a country in which foreign companies are allowed to do business in accordance with its government's policies and its laws.

______ is an outright takeover of assets without compensation.

_____ if unfettered, may result in excessive production and excessive consumption, thereby causing social problems of great magnitude.

An example of the dual-party system in operation is found in:

To reduce the risk of expropriation or confiscation of company assets overseas, many companies use ______ with local companies.

International law comes from customs, national and international court decisions, and:

How do the macroeconomic policies of a host country affect a foreign company's operations?

According to the PRS Group's 2016 International Country Risk Rating, which of the following countries has the highest risk rating?

What is a VPN?

Technically speaking, there is no enforceable body of international law.

International law represents ______ among countries.

Legal issues facing a company affect:

An example of a direct government subsidy by the United States to meet foreign competition would be:

International marketers cannot afford to be ______ as they interact with a multitude of political and legal systems, including their own at home.

The _____ was designed to prohibit the payment of any money or anything of value to foreign officials, foreign political parties, or any candidate for foreign political office for purposes of obtaining, retaining, or directing business.

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

The ______ specifically forbade every contract, combination, or conspiracy to restrain free and open trade.

In the United States, the organization that seeks to help firms considering exports to other countries is the International Trade Agency (ITA).

_____ are country-based political trade controls.

Profit remittances and differential taxation and interest rates are illustrations of which of the following types of control?

The Middle East crisis and the September 11 terrorist attacks on the United States have caused tremendous concern about the future _____?

A ______ country is a country in which foreign companies are allowed to do business in accordance with its government's policies and its laws.

______ is an outright takeover of assets without compensation.

_____ if unfettered, may result in excessive production and excessive consumption, thereby causing social problems of great magnitude.

An example of the dual-party system in operation is found in:

To reduce the risk of expropriation or confiscation of company assets overseas, many companies use ______ with local companies.

International law comes from customs, national and international court decisions, and:

How do the macroeconomic policies of a host country affect a foreign company's operations?

According to the PRS Group's 2016 International Country Risk Rating, which of the following countries has the highest risk rating?

What is a VPN?

Technically speaking, there is no enforceable body of international law.

International law represents ______ among countries.

Legal issues facing a company affect:

An example of a direct government subsidy by the United States to meet foreign competition would be:

International marketers cannot afford to be ______ as they interact with a multitude of political and legal systems, including their own at home.

The _____ was designed to prohibit the payment of any money or anything of value to foreign officials, foreign political parties, or any candidate for foreign political office for purposes of obtaining, retaining, or directing business.

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