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Government and Global Business (Chapter 4) Flashcards | StudBud
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Government and Global Business (Chapter 4)
Government and Global Business (Chapter 4)
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StudBud Administration
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A business quiz about government and global business.
Flashcards
22 cards
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Practice quiz
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Questions
22
Answers
1
When a government takes control and ownership of foreign-owned assets.
Economic nationalism
Trade embargo
Taxes
Expropriation
2
The country where a multinational enterprise is headquartered.
Host Country
Democracy
Home Country
Social Responsibility
3
The means by which people in society make the rules that control and influence their lives.
Political System
Political Environment
Culture
Communism
4
Which of these countries has a totalitarian political structure?
United States
China
Canada
Sweden
5
A designated area where products can be imported duty free.
common market
Most favored nation (MFN)
A free trade zone
A free trade agreement
6
A limit on the quantity of a product that can be imported from a given country.
Quota
Tariff
Duty
Trade
7
The process where an international enterprise is sensitive to their surroundings.
Host Country
Social responsibility
Political relations
Home Country
8
An absolute restriction on the import of certain products from certain countries.
Quota
Boycott
Licensing
Duty
9
A combination of aspects of totalitarianism and democracy.
Totalitarianism
Government
Democracy
Mixed System
10
A tax placed on products that are traded internationally.
Trade restriction
Tariff/Duty
Boycott
Quota
11
A government policy of protecting local or domestic industries.
Protectionism
Tarrifs
Duty
Quota
12
Most people are excluded from the making of the rules by which they live.
Totalitarianism
Mixed Sytstem
Democracy
Global Business
13
In the following, members eliminate trade barriers and allow for free investment.
Tax free zone
Free market area
Most favored nation (MFN)
Common market
14
The country in which a multinational enterprise is a guest.
Host country
Home country
Social responsibility
Trade barrier
15
Which country uses a mixed system?
Cuba
Sweden
Iraq
China
16
All citizens have the opportunity to take part in making of rules.
Culture
Mixed Systems
Democracy
Totalitarianism
17
Allows a country to export into the granting country with the lowest rates of duty.
Free trade agreement
Free trade zone
Export insurance
Most favored nation (MFN)
18
The stopping of all import-export trade with a country.
Tariff
Boycott
Duty
Trade embargo
19
Am agreement to eliminate duties and trade barriers among members.
MFN
Free trade agreement
income tax
free trade zone
20
The trend of some cultures to restrict foreign ownership of companies and imports.
Expropriation
Economic Nationalism
Tarriff
Taxes
21
Which of the following countries has a democratic political system.
China
North Korea
United States
Iraq
22
When a corporation does not pay taxes if it invests in their country.
Tax free zone
Tax evasion
Tax incentive
Tax holiday
