Question 1

Nonautomatic import licenses are used to:

Accepted Answer

A) allow imports of a given product 
B) restrict imports of a given product 
C) tax imports 
D) none of the above 
A) allow imports of a given product 
B) restrict imports of a given product 
C) tax imports 
D) none of the above

Question 2

The "national defense" argument is not a legitimate argument for protectionism.

Accepted Answer

A) True 
 B)False

Question 3

Nontariff barriers lower prices of both imports and import-competing goods.

Accepted Answer

A) True 
 B)False

Question 4

The free trade zones in China attracted ____ billion in investments

Accepted Answer

A) $10 
B) $110 
C) $60 
D) $90 
A) $10 
B) $110 
C) $60 
D) $90

Question 5

Some countries restrict imports claiming the "national defense" argument. Which product is the most likely to be restricted under such an argument?

Accepted Answer

A) Luxury automobiles 
B) Satellite dishes 
C) Athletic shoes 
D) Rice 
A) Luxury automobiles 
B) Satellite dishes 
C) Athletic shoes 
D) Rice

Question 6

Free trade zones in China contributed _________________________ percent to the nation's exports.

Accepted Answer

25
twenty

Question 7

Embargoes and sanctions are imposed by a company against a foreign country.

Accepted Answer

A) True 
 B)False

Question 8

Countervailing duty actions

Accepted Answer

A) give a rebate to the exporter. 
B) impose punitive damages on importers. 
C) are used in Communist countries that oppose Capitalism. 
D) impose duties to offset dumping. 
A) give a rebate to the exporter. 
B) impose punitive damages on importers. 
C) are used in Communist countries that oppose Capitalism. 
D) impose duties to offset dumping.

Question 9

The Asian Development Bank, headquartered in Abidjan, Ivory Coast, has a primary goal of poverty reduction.

Accepted Answer

A) True 
 B)False

Question 10

The ___________________________________ argument is used when a country fears that foreign competitors would be able to offer higher quality products at lower costs and would undoubtedly undercut local manufacturers attempting to break into the market.

Accepted Answer

infant industry
indu

Question 11

Governments use currency flow restrictions primarily to get around WTO tariff policies.

Accepted Answer

A) True 
 B)False

Question 12

Which protection mechanism has been used since 1969 to protect the U.S. steel industry?

Accepted Answer

A) Voluntary import expansion 
B) Voluntary export restraints 
C) Price controls 
D) Nonautomatic import licenses 
A) Voluntary import expansion 
B) Voluntary export restraints 
C) Price controls 
D) Nonautomatic import licenses

Question 13

In China, export processing zones can only be established within existing economic and technological development zones.

Accepted Answer

A) True 
 B)False

Question 14

Wal-Mart and other discounters and category specialists in the European Union are constantly scrutinized and often pressured by local authorities to raise prices. This is an example of

Accepted Answer

A) price controls 
B) countervailing duty actions 
C) a tariff 
D) differential exchange rates 
A) price controls 
B) countervailing duty actions 
C) a tariff 
D) differential exchange rates

Question 15

Under a voluntary _________________________, a country agrees to open its markets to imports.

Accepted Answer

The answer of Under a voluntary _________________________, a country agrees...

Question 16

_________________________ zones in China attracted $60 billion in investments, employed 2 million people, and contributed a fourth to the nation's exports.

Accepted Answer

Free-trade

Question 17

GATT's ____________________ Round substantially changed international trade regulation by replacing the original GATT regulations with a newly-empowered World Trade Organization.

Accepted Answer

The answer of GATT's ____________________ Round substantially changed international trade...

Question 18

Paratariff measures are not a means for controlling prices.

Accepted Answer

A) True 
 B)False

Question 19

Boycotts, embargoes and sanctions are the most severe barriers to trade that are imposed usually to punish a company or a national government.

Accepted Answer

A) True 
 B)False

Nonautomatic import licenses are used to:

The "national defense" argument is not a legitimate argument for protectionism.

Nontariff barriers lower prices of both imports and import-competing goods.

The free trade zones in China attracted ____ billion in investments

Some countries restrict imports claiming the "national defense" argument. Which product is the most likely to be restricted under such an argument?

Free trade zones in China contributed _________________________ percent to the nation's exports.

Embargoes and sanctions are imposed by a company against a foreign country.

Countervailing duty actions

The Asian Development Bank, headquartered in Abidjan, Ivory Coast, has a primary goal of poverty reduction.

The ___________________________________ argument is used when a country fears that foreign competitors would be able to offer higher quality products at lower costs and would undoubtedly undercut local manufacturers attempting to break into the market.

Governments use currency flow restrictions primarily to get around WTO tariff policies.

Which protection mechanism has been used since 1969 to protect the U.S. steel industry?

In China, export processing zones can only be established within existing economic and technological development zones.

Wal-Mart and other discounters and category specialists in the European Union are constantly scrutinized and often pressured by local authorities to raise prices. This is an example of

Under a voluntary _________________________, a country agrees to open its markets to imports.

_________________________ zones in China attracted $60 billion in investments, employed 2 million people, and contributed a fourth to the nation's exports.

GATT's ____________________ Round substantially changed international trade regulation by replacing the original GATT regulations with a newly-empowered World Trade Organization.

Paratariff measures are not a means for controlling prices.

Boycotts, embargoes and sanctions are the most severe barriers to trade that are imposed usually to punish a company or a national government.

Scope, Concepts, and Drivers of International Marketing

An Overview of the International Marketing Environment

Regional Economic and Political Integration

Cultural Influences on International Marketing

International Marketing Research: Practices and Challenges

International Strategic Planning

Expansion Strategies and Entry Mode Selection

Products and Services: Branding Decisions in International Markets

International Product and Service Strategies

Managing International Distribution Operations and Logistics

International Retailing

The International Promotional Mix and Advertising Strategies

International Publicity, Public Relations, and Sales Promotion Strategies

International Personal Selling and Personnel Management

International Pricing Strategy

Organizing and Controlling International Marketing Operations and Perspectives for the Future

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Exam 3: International Trade: Institutional Barriers and Facilitators

Nonautomatic import licenses are used to:

The "national defense" argument is not a legitimate argument for protectionism.

Nontariff barriers lower prices of both imports and import-competing goods.

The free trade zones in China attracted ____ billion in investments

Some countries restrict imports claiming the "national defense" argument. Which product is the most likely to be restricted under such an argument?

Free trade zones in China contributed _________________________ percent to the nation's exports.

Embargoes and sanctions are imposed by a company against a foreign country.

Countervailing duty actions

The Asian Development Bank, headquartered in Abidjan, Ivory Coast, has a primary goal of poverty reduction.

The ___________________________________ argument is used when a country fears that foreign competitors would be able to offer higher quality products at lower costs and would undoubtedly undercut local manufacturers attempting to break into the market.

Governments use currency flow restrictions primarily to get around WTO tariff policies.

Which protection mechanism has been used since 1969 to protect the U.S. steel industry?

In China, export processing zones can only be established within existing economic and technological development zones.

Wal-Mart and other discounters and category specialists in the European Union are constantly scrutinized and often pressured by local authorities to raise prices. This is an example of

Under a voluntary _________________________, a country agrees to open its markets to imports.

_________________________ zones in China attracted $60 billion in investments, employed 2 million people, and contributed a fourth to the nation's exports.

GATT's ____________________ Round substantially changed international trade regulation by replacing the original GATT regulations with a newly-empowered World Trade Organization.

Paratariff measures are not a means for controlling prices.

Boycotts, embargoes and sanctions are the most severe barriers to trade that are imposed usually to punish a company or a national government.

Scope, Concepts, and Drivers of International Marketing

An Overview of the International Marketing Environment

Regional Economic and Political Integration

Cultural Influences on International Marketing

International Marketing Research: Practices and Challenges

International Strategic Planning

Expansion Strategies and Entry Mode Selection

Products and Services: Branding Decisions in International Markets

International Product and Service Strategies

Managing International Distribution Operations and Logistics

International Retailing

The International Promotional Mix and Advertising Strategies

International Publicity, Public Relations, and Sales Promotion Strategies

International Personal Selling and Personnel Management

International Pricing Strategy

Organizing and Controlling International Marketing Operations and Perspectives for the Future

Filters