Exam 5: Political and Legal Environment

As China continues to free its markets in response to global pressure, the _________________ is (are) undermining its censorship policies.

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

International law comes from customs, national and international court decisions, and:

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

Civil laws regulating business contracts and transactions are usually called:

The international treaty (convention) established in 1883 that explains international protection rights of intellectual property (such as how long one has to file for Property protection in foreign countries) is called:

_____________________ may be defined as that body of rules or laws that is binding on states and other international persons in their mutual relations.

___________________ restrict all trade with a nation for political purposes.

________________ systems base the interpretation of law on prior court rulings (that is, legal precedents and customs of time).

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

The three main political ideologies are:

____________________ laws primarily govern behavior within a country and also govern the resolution of international contractual disputes since foreign Subsidiaries and expatriate employees live within the legal bounds of their host Countries' legal systems.

A _______________________ policy by a host government means that the foreign company doing business within the country's borders must gradually turn over management and operational responsibilities as well as ownership to local companies over time.

________________ refers to an economic system in which free enterprise is permitted and encouraged along with private ownership.

A _______________ country is a country in which foreign companies are allowed to do business in accordance with its government's policies and its laws.

The legal system that holds that law was established by God and a "natural law" embodies all justice is represented by:

MITI stands for:

A major objective of any state government wishing to support businesses that will be exporting or relocating to the United States (specifically, within their State) is:

A(n) _____________ country refers to a country the parent company is based in and operates from.

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