Questions from Globalization


Q: 1. Why might a government impose a tariff on a product

1. Why might a government impose a tariff on a product? 2. Why might a government impose a quota on a product? 3. A stipulation that a portion of a product be sourced domestically is called what?

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Q: 1. The first system of multilateral agreements to promote free trade

1. The first system of multilateral agreements to promote free trade was called what? 2. What are the main goals of the World Trade Organization? 3. Exporting a product at a price that is lower than t...

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Q: 1. The purchase of physical assets or significant ownership of a

1. The purchase of physical assets or significant ownership of a company abroad to gain a measure of management control is called what? 2. What are the main drivers of foreign direct investment flows?...

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Q: 1. What imperfections are relevant to the discussion of market imperfections

1. What imperfections are relevant to the discussion of market imperfections theory? 2. Location, ownership, and internationalization advantages combine which FDI theory? 3. Which FDI theory depicts a...

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Q: 1. Where adequate facilities are not present in a market,

1. Where adequate facilities are not present in a market, a firm may decide to undertake what? 2. A system in which a product’s components are made where cost of producing a component is lowest is cal...

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Q: 1. The national accounting system that records all receipts coming in

1. The national accounting system that records all receipts coming in to a nation and all payments to entities in other countries is called what? 2. Why might a host country intervene in foreign direc...

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Q: 1. What policy instruments can host countries use to promote FDI

1. What policy instruments can host countries use to promote FDI? 2. What policy instruments can home countries use to promote FDI? 3. Ownership restrictions and performance demands are policy instrum...

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Q: 1. What is it called when countries in a region cooperate

1. What is it called when countries in a region cooperate to reduce or eliminate barriers to the international flow of products, people and capital? 2. What are the names of the lowest and highest lev...

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Q: 1. What is the name of the official single currency of

1. What is the name of the official single currency of the European Union? 2. A country may receive membership in the European Union once it meets what is called the what? 3. Why did nations belonging...

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Q: 1. Canada, Mexico, and the United States belong to

1. Canada, Mexico, and the United States belong to the regional trading bloc called what? 2. What countries belong to the regional trading bloc called CAFTA-DR? 3. What is the name of Latin America’s...

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