Exam 5: The Political,legal,and Regulatory Environments

In December 2012,President Barack Obama signed the Russia and Moldova Jackson-Vanik Repeal and Sergei Magnitsky Rule of Law Accountability Act.What does this law entail and how does it affect Russia-U.S.relationship?

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Question 1

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The first part of the law normalizes trade relations with Russia and Moldova by repealing Jackson-Vanik,a law dating back to mid-1970s.At that time,the Soviet Union was a non-market economy and restricted the right of its citizens to emigrate abroad.Jackson-Vanik denied most-favored-nation trading status to any country that blocked emigration rights.However,the Soviet Union broke apart in 1991,Russia has transitioned to a market economy,and today its citizens are free to travel abroad and emigrate.Moreover,Russia joined the World Trade Organization in 2012.For these reasons,Jackson-Vanik is no longer relevant.
The second part of the law is concerned with civil rights issues in Russia at the present time.Sergei Magnitsky was a Russian lawyer who uncovered evidence that Russian government officials had stolen $230 million in tax payments made by the Heritage Capital Management investment firm.When Magnitsky went public with his allegations in 2008,he was arrested.The law calls for the U.S.government to identify by name Russian officials believed to be complicit in Magnitsky's death;those persons will not be allowed to enter the United States and any assets held in the United States have been frozen.

The company receiving the most U.S.patents in 2009 was:

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Question 2

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In West Africa,Burkina Faso,the Ivory Coast and Senegal are former French colonies,while Nigeria,Sierra Leone,and Ghana are former British colonies.Based on this information,which of the following would be correct?

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When a company invents a product or service,it should have a right to defend its creativity with intellectual patents.However,there are some countries like Italy and China where piracy and copyright violations are common.How can a corporation prevent this by having some built-in measures in products and services?

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Question 4

A company stands a better chance of having an international arbitration award upheld if its home-country government has signed:

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Question 5

A proposed merger between two Swiss-based global pharmaceutical companies,Ciba-Geigy AG and Sandoz AG,would be subject to review by regulators from which of the following?

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Question 6

Nippon Paper Industries was found guilty in a U.S.court of conspiring with other Japanese companies to raise fax paper prices in the United States.

(True/False)

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Question 7

Now that Latvia has joined the Euro zone it is expected that higher interest rates will promote further economic growth.

(True/False)

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Question 8

Which of the following actions were approved both by the Antitrust Review in the EU as well as in the United States?

(Multiple Choice)

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Question 9

As part of their alliance relationship,Northwest Airlines and KLM Royal Dutch set air fare prices jointly and coordinate flight schedules.Normally,such behavior would be considered harmful to competition,but the U.S.government has granted the two airlines special exemptions from laws concerning:

(Multiple Choice)

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Question 10

In many parts of the world,sales of unauthorized videos of Hollywood movies cost the movie studios billions of dollars.When illegal copies of movies are made,what form of intellectual property has been wrongly appropriated?

(Multiple Choice)

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Question 11

According to the Transparency International's Corruption Perceptions Index scores for 2010,the country which was listed as most corrupt was:

(Multiple Choice)

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Question 12

A formal legal document that gives an inventor the exclusive right to make,use,and sell an invention for a specified period of time is known as:

(Multiple Choice)

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Question 13

Kleptocracy refers to rampant corruption and bribery.

(True/False)

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Question 14

If an American businessperson pays a Russian customs agent a $20 cash "processing fee" to avoid delay in leaving Russia,the businessperson has violated the Foreign Corrupt Practices Act (FCPA).

(True/False)

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Question 15

Flush with dollars from oil exports,the Russian government lifted all currency controls and made the ruble freely convertible in world markets.

(True/False)

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Question 16

Harley-Davidson has applied for federal protection of an unusual form of intellectual property;the "soul-pleasing rumble" produced by its motorcycles.What type of protection is Harley-Davidson seeking?

(Multiple Choice)

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Question 17

The United Nations Conference on International Trade Law (UNCITRAL)has also been a significant force in the area of arbitration.

(True/False)

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Question 18

The governmental action to dispossess a foreign company or investor is known as:

(Multiple Choice)

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Question 19

The company receiving the most U.S.patents for the year 2009 is:

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Question 20

Showing 1 - 20 of 90

In December 2012,President Barack Obama signed the Russia and Moldova Jackson-Vanik Repeal and Sergei Magnitsky Rule of Law Accountability Act.What does this law entail and how does it affect Russia-U.S.relationship?

The company receiving the most U.S.patents in 2009 was:

In West Africa,Burkina Faso,the Ivory Coast and Senegal are former French colonies,while Nigeria,Sierra Leone,and Ghana are former British colonies.Based on this information,which of the following would be correct?

A company stands a better chance of having an international arbitration award upheld if its home-country government has signed:

A proposed merger between two Swiss-based global pharmaceutical companies,Ciba-Geigy AG and Sandoz AG,would be subject to review by regulators from which of the following?

Nippon Paper Industries was found guilty in a U.S.court of conspiring with other Japanese companies to raise fax paper prices in the United States.

Now that Latvia has joined the Euro zone it is expected that higher interest rates will promote further economic growth.

Which of the following actions were approved both by the Antitrust Review in the EU as well as in the United States?

As part of their alliance relationship,Northwest Airlines and KLM Royal Dutch set air fare prices jointly and coordinate flight schedules.Normally,such behavior would be considered harmful to competition,but the U.S.government has granted the two airlines special exemptions from laws concerning:

In many parts of the world,sales of unauthorized videos of Hollywood movies cost the movie studios billions of dollars.When illegal copies of movies are made,what form of intellectual property has been wrongly appropriated?

According to the Transparency International's Corruption Perceptions Index scores for 2010,the country which was listed as most corrupt was:

A formal legal document that gives an inventor the exclusive right to make,use,and sell an invention for a specified period of time is known as:

Kleptocracy refers to rampant corruption and bribery.

If an American businessperson pays a Russian customs agent a $20 cash "processing fee" to avoid delay in leaving Russia,the businessperson has violated the Foreign Corrupt Practices Act (FCPA).

Flush with dollars from oil exports,the Russian government lifted all currency controls and made the ruble freely convertible in world markets.

Harley-Davidson has applied for federal protection of an unusual form of intellectual property;the "soul-pleasing rumble" produced by its motorcycles.What type of protection is Harley-Davidson seeking?

The United Nations Conference on International Trade Law (UNCITRAL)has also been a significant force in the area of arbitration.

The governmental action to dispossess a foreign company or investor is known as:

The company receiving the most U.S.patents for the year 2009 is:

Introduction to Global Marketing

The Global Economic Environment

The Global Trade Environment

Social and Cultural Environments

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Segmentation,targeting,and Positioning

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Global Market Entry Strategies: Licensing,investment,and Strategic Alliances

Brand and Product Decisions in Global Marketing

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Global Marketing Communications Decisions I: Advertising and Public Relations

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