13. Ricomomic arguments for government intervention in trade include protecting
ID: 344171 • Letter: 1
Question
13. Ricomomic arguments for government intervention in trade include protecting "infant dtried implementing strategie trade polley like helping local firms overce ts agreed to change non-tariff barriers to tariffs, as a way of 14. Acconding to GATT a manager need only follow the laws in a particular country 15. To make ethical decisions, 16. Sharis is the basis for the legal system in most Latin American countries. means they are subject to the norms of 17. Triple socialization of business people 18. Accoding to the Professor, elobalization is essentilly the integration of economies increased trade and financial flows 19. An international business is affected by international treaties and agreements, home and host country laws and regulations. 20. The GINI Index measures income inequality in a country MULTIPLE CHOICE 21. Regarding multinational enterprises (MNEs) or multinational corporations (MNCS): a. they have productive capacities in two or more countries. b. the largest are bigger than most countries. c. there are a growing number of MNEs from developing countries. d. all of the above. e. none of a-c above. 22. Political risk can be managed by: a. information gathering. b. adapting by entering into joint ventures or strategic alliances. c. using political influence such as hiring lobbyists in the home and host country. d. all of the above. e. only (a) and (b) above 23. Culture includes all of the following elements except: a. Tanguage trade policy. c. education d. religion. e. aesthetics.Explanation / Answer
21. d. All of the above answers are correct
22. e. Only options A and B of the above. It can be option d also but hiring lobbyists in the home country and running a business is not good ethics.
23. b. Trade Policy
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