C. in an efficient market, like goods will have like prices.
D. even in international markets, bait and switch is illegal.
In his book Cannibals with Forks, John Elkington puts forward the argument that:
A. capitalism can become civilized.
B. capitalism is not, by its very nature, uncivilized and destructive of natural resources.
C. natural resources are a God-given gift for mankind to use.
D. developing nations will become more competitive with Western nations.
If two English multinational companies had a dispute arising in New York City, and
there were no choice-of-law or choice-of-forum clauses in their contract, it is likely
A. a New York court would hear their complaint.
B. they would bring their dispute to an English court.
C. the dispute would get heard not in court but, rather, in the boardrooms.
D. they would reach an agreement informally and develop an off-the-books settlement.
E. they would bring their dispute to the World Court for adjudication.
The cash flow management of a global firm, compared to that of a domestic firm, is:
A. exactly the same: moving money is moving money.
B. less complex, because the sums are larger and the process is centralized.
C. more complex, because currencies vary, as do national-level regulations.
D. more complex, because the number of subsidiaries or branches is larger.