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1) the united nations cigs establishes a uniform set of rules governing certain aspects of
the making and performance of everyday commercial contracts between sellers and
buyers who have their places of business in different nations.
2) commercial banks bring investors and borrowers together but do not charge any
commissions for doing so.
3) diminishing returns imply that when a firm already has significant value built into its
product offering, increasing value by a relatively small amount requires significant
additional costs.
4) relational capital refers to the building of interpersonal relationships between the
firms' managers in a strategic alliance.
5) the most practical form of democracy is direct democracy.
6) the notion that national economies are relatively self-contained entities is on the rise.
7) an inefficient market is one in which prices do not reflect all available information.
