Which of the following political actions is likely to favor international marketing?

Paraguay imposing low tariffs and tax rates for manufacturing industries

Which one is the most critical difference between domestic marketing and international marketing?

The environment in which marketing plans must be implemented

Which of the following is an adverse consequence of globalization?

Worker exploitation and domestic job losses

Understanding one’s own culture requires additional study because:

They increase special interests’ privileges

How are WTO decisions enforced?

Int'l pressure to comply with WTO decisions is expected to force compliance

Which statement is true of tariffs?

They increase special interests’ privileges

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IBM 4141 Class 3

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Questions 10

Answers

1
Ajax Co. enters the international arena by marketing its products on a country-by-country basis & separate strategies-??
Domestic market extension concept
Universal marketing concept
Standardized marketing concept
Mass marketing concept
Multidomestic market concept
2
Which of the following political actions is likely to favor international marketing?
U.S. government placing a trade ban on Libya for rampant terrorism
Tariff hike for imports established by China
Paraguay imposing low tariffs and tax rates for manufacturing industries
U.S. government coupling human rights issues with foreign trade policy
Placing trade embargo on Cuba due to widespread political instability there
3
Which one is the most critical difference between domestic marketing and international marketing?
The different concepts of marketing
The basic processes used to market products and services
The change in marketing goals
The environment in which marketing plans must be implemented
The difference in marketing principles being followed
4
Which of the following is an adverse consequence of globalization?
Lower and more competitive oil prices
Worker exploitation and domestic job losses
Provision of loans from the World Bank
Nationalization of private sector holdings
Reduced variety and quality of goods and services
5
If U.S. require products to contain a percent of local content to gain admission here, it is using __ to restrict trade
blocked currencies
antidumping penalties
embargoes
standards
exchange permits
6
Understanding one’s own culture requires additional study because:
They promote competition
They strengthen supply-and-demand patterns
They strengthen balance-of-payments positions
They strengthen international relations.
They increase special interests’ privileges
7
How are WTO decisions enforced?
Member nations pay a duty to join WTO & this creates compliance
All WTO decisions are enforceable under international law
Int'l pressure to comply with WTO decisions is expected to force compliance
The World Court reviews and enforces all WTO decisions
Decisions must pass through both houses of Congress to be enforced
8
Which statement is true of tariffs?
They promote competition
They increase special interests’ privileges
They strengthen balance-of-payments positions
They strengthen international relations
They strengthen balance-of-payments positions
9
_____ is an unconscious reference to one’s own cultural values, experiences, and knowledge as a basis for decisions.
Segregation
Nativism
Self-reference criterion
Segregation
Nativism
10
If the U.S. refuses to sell goods to a nation because of the perception that they terrorists, the refusal is a(n):
voluntary export restraint
orderly market agreement
tariff
antidumping penalty
embargo

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