Question 1

Governments often decide to block trade.All of the following are reasons EXCEPT:

Accepted Answer

A) national security. 
B) to protect the stock market. 
C) to develop new industry. 
D) to protect declining industries. 
E) none of the above. 
A) national security. 
B) to protect the stock market. 
C) to develop new industry. 
D) to protect declining industries. 
E) none of the above.

Question 2

__________________ involve(s)trading of products without involving direct monetary payments.

Accepted Answer

A) Joint ventures 
B) Strategic alliances 
C) Contract manufacturing 
D) Countertrade 
E) Outsourcing 
A) Joint ventures 
B) Strategic alliances 
C) Contract manufacturing 
D) Countertrade 
E) Outsourcing

Question 3

One way to characterize the nature of a government is by its __________________.

Accepted Answer

A) political ideology 
B) ethnic ideology 
C) business ideology 
D) social ideology 
E) regional ideology 
A) political ideology 
B) ethnic ideology 
C) business ideology 
D) social ideology 
E) regional ideology

Question 4

All of the following countries believe that most disputes can be solved outside the litigation system EXCEPT:

Accepted Answer

A) Brazil. 
B) Japan. 
C) China. 
D) United States. 
E) Taiwan. 
A) Brazil. 
B) Japan. 
C) China. 
D) United States. 
E) Taiwan.

Question 5

One of the problems with a multiple party governmental system is a lack of
political stability and continuity.

Accepted Answer

A) True 
 B)False

Question 6

When marketing executives do business across national boundaries,where do they primarily face regulations and laws?

Accepted Answer

A) at home. 
B) in the foreign country. 
C) both at home and in the foreign country. 
D) at the World Court in the Hague. 
E) at the United Nations (which controls the oversight of international business). 
A) at home. 
B) in the foreign country. 
C) both at home and in the foreign country. 
D) at the World Court in the Hague. 
E) at the United Nations (which controls the oversight of international business).

Question 7

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 8

A host country refers to a country the parent company is based in and
operates from.

Accepted Answer

A) True 
 B)False

Question 9

Embargoes and sanctions are ______________________ political trade controls.

Accepted Answer

A) locally-based 
B) regionally-based 
C) country-based 
D) company-based 
E) party-based 
A) locally-based 
B) regionally-based 
C) country-based 
D) company-based 
E) party-based

Question 10

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 11

Which of the following countries follows the rule of "first-to-invent" with respect to patent awards?

Accepted Answer

A) United States 
B) Japan 
C) Britain 
D) Germany 
E) Canada 
A) United States 
B) Japan 
C) Britain 
D) Germany 
E) Canada

Question 12

List and briefly characterize the three main reasons why governments often want to
block or restrict trade.

Accepted Answer

a.National security--in this case,the go

Question 13

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 14

The _______________ strengthened the U.S.antitrust arsenal by prohibiting trade practices that were not covered in previous legislation.It outlawed exclusive
Dealing and price discrimination.

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 15

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.

Question 16

_________________________ provides the U.S.President a free hand and the power to negotiate trade deals with other governments.

Accepted Answer

A) Fast-track reciprocal authority 
B) Fast-track senate authority 
C) Fast-track business authority 
D) Fast-track trade authority 
E) Slow-track trade authority 
A) Fast-track reciprocal authority 
B) Fast-track senate authority 
C) Fast-track business authority 
D) Fast-track trade authority 
E) Slow-track trade authority

Question 17

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 18

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 19

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 20

The Group of 7 (or G-7)is made up of France,Germany,Italy,England,Canada,
Japan,and the United States.

Accepted Answer

A) True 
 B)False

Governments often decide to block trade.All of the following are reasons EXCEPT:

__________________ involve(s)trading of products without involving direct monetary payments.

One way to characterize the nature of a government is by its __________________.

All of the following countries believe that most disputes can be solved outside the litigation system EXCEPT:

One of the problems with a multiple party governmental system is a lack of political stability and continuity.

When marketing executives do business across national boundaries,where do they primarily face regulations and laws?

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

A host country refers to a country the parent company is based in and operates from.

Embargoes and sanctions are ______________________ political trade controls.

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.

Which of the following countries follows the rule of "first-to-invent" with respect to patent awards?

List and briefly characterize the three main reasons why governments often want to block or restrict trade.

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

The _______________ strengthened the U.S.antitrust arsenal by prohibiting trade practices that were not covered in previous legislation.It outlawed exclusive Dealing and price discrimination.

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

_________________________ provides the U.S.President a free hand and the power to negotiate trade deals with other governments.

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

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

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

The Group of 7 (or G-7)is made up of France,Germany,Italy,England,Canada, Japan,and the United States.

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

Communicating With the World Consumer

Sales and Cross-Cultural 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

Filters

Exam 5: Political and Legal Environment

Governments often decide to block trade.All of the following are reasons EXCEPT:

__________________ involve(s)trading of products without involving direct monetary payments.

One way to characterize the nature of a government is by its __________________.

All of the following countries believe that most disputes can be solved outside the litigation system EXCEPT:

One of the problems with a multiple party governmental system is a lack of political stability and continuity.

When marketing executives do business across national boundaries,where do they primarily face regulations and laws?

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

A host country refers to a country the parent company is based in and operates from.

Embargoes and sanctions are ______________________ political trade controls.

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.

Which of the following countries follows the rule of "first-to-invent" with respect to patent awards?

List and briefly characterize the three main reasons why governments often want to block or restrict trade.

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

The _______________ strengthened the U.S.antitrust arsenal by prohibiting trade practices that were not covered in previous legislation.It outlawed exclusive Dealing and price discrimination.

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

_________________________ provides the U.S.President a free hand and the power to negotiate trade deals with other governments.

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

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

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

The Group of 7 (or G-7)is made up of France,Germany,Italy,England,Canada, Japan,and the United States.

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

Communicating With the World Consumer

Sales and Cross-Cultural 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

Filters