Question 1

Which of the following is a common term for a form of government in use today?

Accepted Answer

A)  Protectionism 
B)  Duopoly 
C)  Oligopoly 
D)  Capitalism 
E)  Oligarchy 
A)  Protectionism 
B)  Duopoly 
C)  Oligopoly 
D)  Capitalism 
E)  Oligarchy

Question 2

In _____, police and military are not allowed to vote.

Accepted Answer

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

Question 3

Which of the following agencies 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 4

Since the government of Nigeria is strapped for cash, it has decided to tax all foreign investments (such as oil production equipment) by up to 40 percent of the appraised value. The Nigerian government has found that this is the handiest and quickest means of finding operating funds. The economic risk in discussion here is:

Accepted Answer

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

Question 5

"Slammer," "Melissa," and "Goner worm" are all examples of:

Accepted Answer

A)  viruses damaging the Internet. 
B)  politically sensitive products. 
C)  third-world diseases. 
D)  hackers intent on attacking multinational businesses. 
E)  new video games espousing Internet crime. 
A)  viruses damaging the Internet. 
B)  politically sensitive products. 
C)  third-world diseases. 
D)  hackers intent on attacking multinational businesses. 
E)  new video games espousing Internet crime.

Question 6

Which of the following instances is most likely a manifestation of nationalism?

Accepted Answer

A)  Membership in bilateral trade treaties 
B)  Call to buy a global counterpart's products 
C)  Restrictions on imports 
D)  Removal of tariffs and quotas 
E)  Focus on global security 
A)  Membership in bilateral trade treaties 
B)  Call to buy a global counterpart's products 
C)  Restrictions on imports 
D)  Removal of tariffs and quotas 
E)  Focus on global security

Question 7

Which of the following is the most important reason to encourage foreign investment?

Accepted Answer

A)  To improve the global image of a country 
B)  To accelerate the development of an economy 
C)  To evade political tensions between countries 
D)  To minimize negative political fallouts within the domestic economy 
E)  To improves ties between the investing country and the host country 
A)  To improve the global image of a country 
B)  To accelerate the development of an economy 
C)  To evade political tensions between countries 
D)  To minimize negative political fallouts within the domestic economy 
E)  To improves ties between the investing country and the host country

Question 8

With which of the following would the phrase "Buy American" be most closely associated?

Accepted Answer

A)  Socialism 
B)  Communism 
C)  Nationalism 
D)  Abstractionism 
E)  Polarism 
A)  Socialism 
B)  Communism 
C)  Nationalism 
D)  Abstractionism 
E)  Polarism

Question 9

Monarchy, like _____, is a form of government ruled by one.

Accepted Answer

A)  aristocracy 
B)  dictatorship 
C)  democracy 
D)  monopoly 
E)  oligarchy 
A)  aristocracy 
B)  dictatorship 
C)  democracy 
D)  monopoly 
E)  oligarchy

Question 10

Which of the following forms of terrorism is most likely to use the Internet to inflict damage?

Accepted Answer

A)  Germterrorism 
B)  Bioterrorism 
C)  Cyberterrorism 
D)  Ecoterrorism 
E)  Narcoterrorism 
A)  Germterrorism 
B)  Bioterrorism 
C)  Cyberterrorism 
D)  Ecoterrorism 
E)  Narcoterrorism

Question 11

Nongovernmental organizations can affect the policy decisions made by governments.

Accepted Answer

A) True 
 B)False

Question 12

Adherence to the World Trade Organization (WTO) inevitably means the loss of some degree of national sovereignty.

Accepted Answer

A) True 
 B)False

Question 13

International warfare is fast gaining popularity among nations.

Accepted Answer

A) True 
 B)False

Question 14

The ultimate goal of domestication is to force foreign investors to share more of the ownership, management, and profits with nationals than was the case before domestication.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following strategies to minimize political vulnerability and risk has the advantage of engaging the power of several investors and banks in the host country whenever any kind of government takeover or harassment is threatened?

Accepted Answer

A)  Joint ventures 
B)  Licensing 
C)  Expanding the investment base 
D)  Sole proprietorship 
E)  Political bargaining 
A)  Joint ventures 
B)  Licensing 
C)  Expanding the investment base 
D)  Sole proprietorship 
E)  Political bargaining

Question 16

Saudi Arabia permits women to vote if they are at least 18 years old and married or 21 years old if single.

Accepted Answer

A) True 
 B)False

Question 17

Licensing is least effective in situations where the technology is unique and the risk is high.

Accepted Answer

A) True 
 B)False

Question 18

Which of the following is a strategy that multinational corporations use to minimize political vulnerability and risk?

Accepted Answer

A)  Expropriation 
B)  Sanctions 
C)  Buyouts 
D)  Confiscation 
E)  Licensing 
A)  Expropriation 
B)  Sanctions 
C)  Buyouts 
D)  Confiscation 
E)  Licensing

Question 19

Discuss stability of governments and list the main political causes of instability in international markets.

Accepted Answer

The ideal political climate for a multin

Question 20

Political sanctions are the most effective means of achieving the goal of forcing a country to accept the demands of the boycotting country.

Accepted Answer

A) True 
 B)False

Which of the following is a common term for a form of government in use today?

In _____, police and military are not allowed to vote.

Which of the following agencies underwrites trade and investments for U.S. firms?

"Slammer," "Melissa," and "Goner worm" are all examples of:

Which of the following instances is most likely a manifestation of nationalism?

Which of the following is the most important reason to encourage foreign investment?

With which of the following would the phrase "Buy American" be most closely associated?

Monarchy, like _____, is a form of government ruled by one.

Which of the following forms of terrorism is most likely to use the Internet to inflict damage?

Nongovernmental organizations can affect the policy decisions made by governments.

Adherence to the World Trade Organization (WTO) inevitably means the loss of some degree of national sovereignty.

International warfare is fast gaining popularity among nations.

The ultimate goal of domestication is to force foreign investors to share more of the ownership, management, and profits with nationals than was the case before domestication.

Which of the following strategies to minimize political vulnerability and risk has the advantage of engaging the power of several investors and banks in the host country whenever any kind of government takeover or harassment is threatened?

Saudi Arabia permits women to vote if they are at least 18 years old and married or 21 years old if single.

Licensing is least effective in situations where the technology is unique and the risk is high.

Which of the following is a strategy that multinational corporations use to minimize political vulnerability and risk?

Discuss stability of governments and list the main political causes of instability in international markets.

Political sanctions are the most effective means of achieving the goal of forcing a country to accept the demands of the boycotting country.

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

Which of the following is a common term for a form of government in use today?

In _____, police and military are not allowed to vote.

Which of the following agencies underwrites trade and investments for U.S. firms?

"Slammer," "Melissa," and "Goner worm" are all examples of:

Which of the following instances is most likely a manifestation of nationalism?

Which of the following is the most important reason to encourage foreign investment?

With which of the following would the phrase "Buy American" be most closely associated?

Monarchy, like _____, is a form of government ruled by one.

Which of the following forms of terrorism is most likely to use the Internet to inflict damage?

Nongovernmental organizations can affect the policy decisions made by governments.

Adherence to the World Trade Organization (WTO) inevitably means the loss of some degree of national sovereignty.

International warfare is fast gaining popularity among nations.

The ultimate goal of domestication is to force foreign investors to share more of the ownership, management, and profits with nationals than was the case before domestication.

Which of the following strategies to minimize political vulnerability and risk has the advantage of engaging the power of several investors and banks in the host country whenever any kind of government takeover or harassment is threatened?

Saudi Arabia permits women to vote if they are at least 18 years old and married or 21 years old if single.

Licensing is least effective in situations where the technology is unique and the risk is high.

Which of the following is a strategy that multinational corporations use to minimize political vulnerability and risk?

Discuss stability of governments and list the main political causes of instability in international markets.

Political sanctions are the most effective means of achieving the goal of forcing a country to accept the demands of the boycotting country.

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