D080 Global Business Pre-Assessment

D080 Global Business Pre-Assessment Leave the first rating Terms in this set (70) Social SciencesEconomics International Economics Save Creation of isolationist policies Which negative outcome on political systems comes from globalization?Reduced trade barriersWhich factor results in a higher rate of globalization?Loss of manufacturing jobs What is a major drawback to the home country when companies outsource manufacturing jobs to countries with lower worker wages?AnarchyIn which political system do individuals control all political activity, which eliminates the government creating any laws to help businesses with their globalization efforts?The globalization process is at a disadvantage as the country has a lower standard of living.A country has a characteristic traditional economic system with poor infrastructure and limited economic opportunity.What is the impact of this system on the process of globalization?

AustraliaA company headquartered in the United States is considering expanding its activities into a different country that follows the same legal system as most states in the United States.Which country is suited for this expansion?It forbids charging interest. Which impact does Islamic law directly have on businesses?International Monetary Fund Which institution helps to maintain liquidity of global funding?PrivatizationWhich structural adjustment of the International Monetary Fund gives to citizen owners businesses that were previously owned by the state?Improving quality of lifeWhat is the current focus of the World Bank?Influence of free trade policies on labor rights For which concern has the World Trade Organization been criticized?It leads to developing free trade policies with strategic partners.Two countries agree to open their borders to international business transactions with one another without tariffs.How does this affect global business?

Increases economies of scale in Country A Country A manufactures products less expensively than Country B. Due to changes in international agreements, Country B has decided to stop producing the products that Country A makes.Instead, Country B will purchase the same number of products from Country A that they would have normally produced on their own.How will this affect global trade?Developing countries have not been satisfied with the proposed reductions in agricultural tariffs.Why has the Doha Round of the General Agreement on Tariffs and Trade (GATT) been inconclusive?Country B seeks to protect its economy and give it the opportunity for long-term expansion.A company that is located in Country A would like to sell products in Country B. The government of Country B is pushing for a tariff-based international trade agreement on the product.What is the reasoning behind Country B's decision?IncreasesCountries A and B participate in trade agreements that allow free trade among participant countries.However, Country A imposed quotas on several imported products to protect its domestic products.What is the effect, if any, on the domestic prices of these products?To restrict international trade What is the purpose of a country that has a new economy implementing trade protectionism in relation to countries with more developed economies?

They reduce domestic competition by limiting domestic companies' sales volume.How do Congress and the Department of Agriculture use quotas to their advantage?Dividend repatriationA country wants to develop an international relationship with another country for future investments, allowing new foreign investors entitlement to a five-year tax holiday.Which benefit leads to foreign direct investment (FDI) in this situation?Provide tax exemptionsCountry A and Country B are trying to mend their relationship. A company from Country A would like to invest in a company in Country B.Which action by Country B will help these two countries meet their goal?Economic opportunityWhat is enhanced when creating regional trade agreements?Almost half of all automobile parts must be made by a labor force that earns a minimum of $16 per hour by 2023.The United States-Mexico- Canada Agreement (USMCA), a modification of the North American Free Trade Agreement (NAFTA), broadened the scope of free-trade between member nations and tightened restrictions in the region.Which regulation was established by this new agreement?