International Business Exam II Review

Porter developed ______ broad attributes of a nation that shape the environment in which local firms compete.

Based on new trade theory, as the size of markets increases, companies may be able to attain better ______.

Which outcome below is NOT implied by the new trade theory?

Will the camera be on for exam II?

Today, many nations are _____ new trade policies associated with the WTO.

When making ethical decisions, what factors are stressed in Japan, and what factors are stressed in the United States?

Porter says there is a correlation between _____ and the creation & persistence of competitive advantage in an industry

A country places a 20 percent tax on dairy products exported to other nations to limit exports. This is a(n) _____.

In the mid-1800s, ______ was the first nation to officially follow free trade.

Pursuing sustainable strategies has little impact on helping an organization ensure that ethical issues are considered

Taxes placed on imports to protect domestic producers from foreign competition & produce revenue for the gov't are ____.

What is an accurate description of developed nations with regard to the environment?

What is considered the simplest instrument of trade policy?

Exporting a product to another country at a price below the home market price or below production cost is called ______.

Foreign Corrupt Practices Act was amended to include ____ because without it U.S. firms would have a comp. disadvantage

The stock of foreign direct investment refers to the total

Venezuela and Bolivia are examples of countries that have become more open to FDI.

Which ethical theory says the best actions benefit the most number of people and harm the least number of people?

A payment by the gov't to a domestic producer to lower production costs so they can compete with foreign imports is:

Some ethics experts have proposed practical guides or ethical ______ to make ethical decisions in a systematic way.

In the 1980s, Western businesses questioned the ethics of operating in South Africa because the apartheid system:

Some countries specialize in producing a product for which there is a limited number of firms globally. This is the ____

According to Heckscher and Ohlin, each country has certain ______, such as land, labor, and capital.

Which is NOT a benefit of FDI to a home country?

According to Hofstede, cultures high in masculinity and power distance are more likely to engage in unethical behavior

The WTO is more successful than GATT because the WTO has ______ that make it more effective.

Which view of FDI asserts that international production should be based on comparative advantage?

To get a contract in Mexico, a car company must make 65 percent of the parts of their vehicles in Mexico. This is a(n)

Lack of quotas or limitations on imports is a reflection of a _____ policy.

Which is NOT one of the four national attributes that Porter theorizes shape the environment that firms compete in

A company _____ benefit from related industries that are internationally competitive and can spill over into the company

FDI can be in the form of a(n) ______, which occurs when a firm establishes a new operation in a foreign market.

Which FDI theory combines multiple theories together that I can't list out because Quiz has a character limit?

To encourage FDI, many countries have eliminated ______ taxation of foreign income.

A company's organizational _____ reflects the values and norms that are shared among employees of an organization.

By western standards, if the company uses sweatshop labor to make their products, it is most likely to be considered

Which of these is NOT one of the four determinants of ethical behavior?

______ trade is the economic policy of not discriminating against exports to or imports from foreign countries.

FDI occurs when a company invests in facilities

Who is going to do amazing on the second exam???

If a country places a limit on the amount of tuna in airtight containers that can be imported, it is an example of ____.

The _____ view of foreign direct investment has its basis in Marxist theory.

Porter states that a company can gain ______ advantage if their home customers are demanding and knowledgeable.

This view of FDI says that there are benefits and costs to FDI that countries try to maximize and minimize respectively

The argument for developing industries protecting domestic industries until they are ready to compete globally is _____.

The _____ of FDI is the amount of FDI attempted over a period of time (usually one year).

John Dunning proposed that ______ are an important factor when explaining the nature of foreign direct investment.

A key cost of FDI for the home country is the inital capital _____ required to finance the FDI

When a country is more efficient at producing a product than any other country, the country has a(n) ______ advantage

A company's decision to NOT hire less-skilled or underage workers to save money is an example of the company's _____.

New trade theory states that some countries specialize in producing and exporting a particular product because _____.