1) according to rawls, inequalities can be just if the system that produces inequalities is
to the advantage of everyone.
2) the shift toward a more integrated and interdependent world economy is referred to
as globalization.
3) gatt has not recognized the infant industry argument as a legitimate reason for
protectionism.
4) changes in spot exchange rates can be advantageous for an international business.
5) many firms hold at least their subsidiaries’ precautionary cash reserves at a
centralized depository, having each subsidiary hold its own day-to-day-needs cash
balance.
6) international businesses cannot gain economic advantages by making payments to
corrupt government officials.
7) since 2001, the u.s. requires that goodwill associated with acquisitions has to be
amortized against earnings.