since its establishment, the euro has had a stable trading history.
the wto supports the promotion of international trade in services.
many of the worlds larger trading nations, including japan and the united kingdom,
have not ratified the united nations convention on contracts for the international sale of
goods (cigs).
the need for coordination is high in firms trying to profit from location and experience
curve economies.
patents, copyrights, and trademarks establish ownership rights over intellectual
property.
the current market value of a bond is equal to the present value of all future cash
payments promised by the bond.
which of the following terms refers to the extent to which a country is gifted with such
resources as land, labor, and capital?
a.current accounts
b.factor endowments
c.national balance
d.national accounts
turnkey projects are most common in which of the following industries?
a.fresh fruit, grain, and meat products
b.chemical, pharmaceutical, and metal refining
c.consumer durables, computer peripherals, and automotive parts
d.apparel, shoes, and leather products
identify the incorrect statement about environmental regulations.
a.environmental regulations are often lacking in developing nations
b.environmental regulations are similar across developed and developing nations
c.developed nations have substantial regulations governing the emission of pollutants,
the dumping of toxic chemicals, etc
d.inferior environmental regulations in host nations, as compared to home nation, can
lead to ethical issues
many developed nations have substantial regulations governing the emission of
pollutants, the dumping of toxic chemicals, the use of toxic materials in the workplace,
and so on. those regulations are often lacking in developing nations, and according to
critics, the result can be higher levels of pollution from the operations of multinationals
than would be allowed at home.
which of the following issues was not addressed by mendenhall and oddous study?
a.expatriate failure due to a spouses inability to adjust
b.expatriate failure due to a managers lack of self-esteem
c.expatriate failure due to lack of relationship development
d.expatriate failure due to a managers inability to empathize
larson company issued $500,000 of 8%, 5-year bonds at 106. assuming straight-line
amortization and annual interest payments, what is the amount of the amortization at
each interest payment point?
a.$3,000
b.$6,000
c.$40,000
d.$34,000
the tenet of _____ is that the welfare of society is best served by letting people pursue
their own economic self-interest.
a.socialism
b.communism
c.anarchism
d.individualism
the market rate of interest is often called the
a.stated rate
b.effective rate
c.coupon rate
d.contractual rate
the _____ of fdi refers to the amount of fdi undertaken over a year.
a.stock
b.net value
c.accumulated value
d.flow
concentration of production is appropriate when _____.
a.the product serves universal needs
b.the product does not serve universal needs
c.the products value-to-weight ratio is low
d.volatility in important exchange rates is expected
which of the following is a disadvantage of licensing?
a.it does not help firms that lack capital to develop operations overseas
b.it does not give a firm the tight control over strategy that is required for realizing
experience curve and location economies
c.it cannot be used when a firm possesses some intangible property that might have
business applications
d.the firm has to bear the development costs and risks associated with opening a foreign
market
sales taxes collected from customers are a ______________ of the business until they
are remitted to the taxing agency.
discuss the economic reasons for government intervention in markets.
explain how the theories of trade differ in terms of their support to governmental
intervention.
discuss the pragmatic nationalist view toward fdi.
discuss the opportunities arising from the creation of the eu for international businesses.
discuss the effects of private ownership of production in a market economy.
consider the allowance component of a typical expatriate compensation package. what
types of allowance are included in this component?
what is the most common approach to expatriate pay? explain what comprises this form
of compensation. what is the advantage of this approach?