Question 1

The WTO outlaws indirect subsidies and requires all subsidies be direct.

Accepted Answer

A) True 
 B)False

Question 2

OPIC insurance covers losses due to

Accepted Answer

A) currency inconvertibility. 
B) expropriation. 
C) war and revolution. 
D) All of the above. 
A) currency inconvertibility. 
B) expropriation. 
C) war and revolution. 
D) All of the above.

Question 3

For nearly 50 years,North Korea has pursued the strategy of juche,or self-reliance,trading very little with the outside world except with fellow communist states of China and Russia.This is because of the North Korean government's interest in ____.

Accepted Answer

A) promoting national ideology 
B) fostering national prosperity 
C) giving into the demands of environmentalist pressure groups 
D) All of the above 
A) promoting national ideology 
B) fostering national prosperity 
C) giving into the demands of environmentalist pressure groups 
D) All of the above

Question 4

A target of a grass-roots boycott of foreign products in the Arab world was

Accepted Answer

A) Coca-Cola. 
B) Pepsi. 
C) Sainsbury's. 
D) All of the above. 
A) Coca-Cola. 
B) Pepsi. 
C) Sainsbury's. 
D) All of the above.

Question 5

In Geneva in 1998,all WTO members made a political commitment to maintain a duty-free cyberspace.

Accepted Answer

A) True 
 B)False

Question 6

Product liability laws

Accepted Answer

A) have always been stricter in Europe than in the United States. 
B) were first introduced in the United States. 
C) are more numerous and more expensive to settle in developing countries. 
D) All of the above. 
A) have always been stricter in Europe than in the United States. 
B) were first introduced in the United States. 
C) are more numerous and more expensive to settle in developing countries. 
D) All of the above.

Question 7

Regulatory changes are sudden,dramatic changes in the regulatory climate of a host country.

Accepted Answer

A) True 
 B)False

Question 8

In the past,Iran and Venezuela have attempted to outlaw foreign brand names,requiring international marketers to establish names for their products in Persian and Spanish.These governments were interested in ____.

Accepted Answer

A) promoting national ideology 
B) self-preservation 
C) protecting cultural identity 
D) None of the above 
A) promoting national ideology 
B) self-preservation 
C) protecting cultural identity 
D) None of the above

Question 9

About ____ percent of very large U.S.companies have terrorism insurance.

Accepted Answer

A) 100 
B) 90 
C) 60 
D) 10 
A) 100 
B) 90 
C) 60 
D) 10

Question 10

For many years,Romania promised all export-oriented foreign investors a five-year tax holiday if they set up a factory in Romania.Recently,this tax holiday was revoked.Now all foreign investors must pay the same taxes as local companies.Romania has just undergone ____.

Accepted Answer

A) confiscation 
B) domestication 
C) political risk 
D) regulatory change 
A) confiscation 
B) domestication 
C) political risk 
D) regulatory change

Question 11

In Germany,it is assumed that people cannot be trusted to obey the rules.Germany is an example of a(n)____ society.

Accepted Answer

A) feminine 
B) individualist 
C) human nature orientation positive 
D) human nature orientation negative 
A) feminine 
B) individualist 
C) human nature orientation positive 
D) human nature orientation negative

Question 12

Before entering into the Syrian market,a Danish consumer packaged goods company requests a consulting firm to analyze the possibility that an unexpected and drastic change due to political forces will result in adverse circumstances for their potential operations in Damascus.The Danish company has asked the consulting company for a(n)____ assessment for the Syrian market.

Accepted Answer

A) accession 
B) domestication 
C) political risk 
D) None of the above 
A) accession 
B) domestication 
C) political risk 
D) None of the above

Question 13

In 1998,Friends of the Earth Indonesia and other non-governmental organizations complained that Mobil Oil was complicit in human rights abuses that had occurred during the construction of its pipeline in the Ache province of Indonesia.They tried to pursue the Indonesian government to end their joint venture with Mobil Oil.These organizations are examples of ____ groups.

Accepted Answer

A) home country pressure 
B) self-preservation 
C) host country pressure 
D) cultural identity preservation 
A) home country pressure 
B) self-preservation 
C) host country pressure 
D) cultural identity preservation

Question 14

Common law is based on

Accepted Answer

A) what a society views as right and is commonly done. 
B) teachings in the Koran. 
C) the preeminence of written laws. 
D) Marxist ideology. 
A) what a society views as right and is commonly done. 
B) teachings in the Koran. 
C) the preeminence of written laws. 
D) Marxist ideology.

Question 15

Ecuador provides electricity to several large exporting companies in Quito,the capital city.This is an example of a(n)____.

Accepted Answer

A) indirect tariff 
B) direct tariff 
C) indirect subsidy 
D) direct subsidy 
A) indirect tariff 
B) direct tariff 
C) indirect subsidy 
D) direct subsidy

Question 16

Civil,or code law,is based on the Confucian tradition of the preeminence of written laws.

Accepted Answer

A) True 
 B)False

Question 17

The United States imposed a two-year ban on imports from Norinco,a major Chinese defense and industrial manufacturer,because of the company's alleged sale of ballistic-missile technology to Iran.This is an example of a government ____.

Accepted Answer

A) boycott 
B) operating condition 
C) operating restriction 
D) expropriation 
A) boycott 
B) operating condition 
C) operating restriction 
D) expropriation

Question 18

In the 1980s,many U.S.consumer groups began to pressure American multinational with operations in South Africa,encouraging them to divest their investments in apartheid-practicing South Africa.These consumer groups are examples of ____ groups.

Accepted Answer

A) host country pressure 
B) home country pressure 
C) cultural identity preservation 
D) auxiliary 
A) host country pressure 
B) home country pressure 
C) cultural identity preservation 
D) auxiliary

The WTO outlaws indirect subsidies and requires all subsidies be direct.

OPIC insurance covers losses due to

For nearly 50 years,North Korea has pursued the strategy of juche,or self-reliance,trading very little with the outside world except with fellow communist states of China and Russia.This is because of the North Korean government's interest in ____.

A target of a grass-roots boycott of foreign products in the Arab world was

In Geneva in 1998,all WTO members made a political commitment to maintain a duty-free cyberspace.

Product liability laws

Regulatory changes are sudden,dramatic changes in the regulatory climate of a host country.

In the past,Iran and Venezuela have attempted to outlaw foreign brand names,requiring international marketers to establish names for their products in Persian and Spanish.These governments were interested in ____.

About ____ percent of very large U.S.companies have terrorism insurance.

For many years,Romania promised all export-oriented foreign investors a five-year tax holiday if they set up a factory in Romania.Recently,this tax holiday was revoked.Now all foreign investors must pay the same taxes as local companies.Romania has just undergone ____.

In Germany,it is assumed that people cannot be trusted to obey the rules.Germany is an example of a(n)____ society.

Common law is based on

Ecuador provides electricity to several large exporting companies in Quito,the capital city.This is an example of a(n)____.

Civil,or code law,is based on the Confucian tradition of the preeminence of written laws.

The United States imposed a two-year ban on imports from Norinco,a major Chinese defense and industrial manufacturer,because of the company's alleged sale of ballistic-missile technology to Iran.This is an example of a government ____.

In the 1980s,many U.S.consumer groups began to pressure American multinational with operations in South Africa,encouraging them to divest their investments in apartheid-practicing South Africa.These consumer groups are examples of ____ groups.

Introduction to Global Marketing

The Global Economy

Cultural and Social Forces

Global Markets

Global Competitors

Global Marketing Research

Global Market Participation

Global Market Entry Strategies

Global Product Strategies

Global Strategies for Services,Brands,and Social Marketing

Pricing for International and Global Markets

Managing Global Distribution Channels

Global Promotion Strategies

Managing Global Advertising

Organizing for Global Marketing

Filters

Exam 4: Political and Regulatory Climate

The WTO outlaws indirect subsidies and requires all subsidies be direct.

OPIC insurance covers losses due to

For nearly 50 years,North Korea has pursued the strategy of juche,or self-reliance,trading very little with the outside world except with fellow communist states of China and Russia.This is because of the North Korean government's interest in ____.

A target of a grass-roots boycott of foreign products in the Arab world was

In Geneva in 1998,all WTO members made a political commitment to maintain a duty-free cyberspace.

Product liability laws

Regulatory changes are sudden,dramatic changes in the regulatory climate of a host country.

In the past,Iran and Venezuela have attempted to outlaw foreign brand names,requiring international marketers to establish names for their products in Persian and Spanish.These governments were interested in ____.

About ____ percent of very large U.S.companies have terrorism insurance.

For many years,Romania promised all export-oriented foreign investors a five-year tax holiday if they set up a factory in Romania.Recently,this tax holiday was revoked.Now all foreign investors must pay the same taxes as local companies.Romania has just undergone ____.

In Germany,it is assumed that people cannot be trusted to obey the rules.Germany is an example of a(n)____ society.

Common law is based on

Ecuador provides electricity to several large exporting companies in Quito,the capital city.This is an example of a(n)____.

Civil,or code law,is based on the Confucian tradition of the preeminence of written laws.

The United States imposed a two-year ban on imports from Norinco,a major Chinese defense and industrial manufacturer,because of the company's alleged sale of ballistic-missile technology to Iran.This is an example of a government ____.

In the 1980s,many U.S.consumer groups began to pressure American multinational with operations in South Africa,encouraging them to divest their investments in apartheid-practicing South Africa.These consumer groups are examples of ____ groups.

Introduction to Global Marketing

The Global Economy

Cultural and Social Forces

Global Markets

Global Competitors

Global Marketing Research

Global Market Participation

Global Market Entry Strategies

Global Product Strategies

Global Strategies for Services,Brands,and Social Marketing

Pricing for International and Global Markets

Managing Global Distribution Channels

Global Promotion Strategies

Managing Global Advertising

Organizing for Global Marketing

Filters