The Country In Which A Multinational Enterprise Is A Guest.
What is a Host Country?
100
Democracy.
What is the type of government the U.S. currently have?
100
(Tariff) A tax placed on products that are traded.
What is a duty?
100
A Tax On The Sale Of Products.
What is a Sales Tax?
100
A designated area, usually around a seaport or airport, where products can be imported duty free and then sotred, assembled, or used in manufacturing. The importer pays duty when the product leaves this zone.
What is free trade zone?
200
The process whereby people function as good citizens and are sensitive to their surroundings.
What is social responsibility?
200
In which the government system is ruled by royalty (specifically by a king or queen).
What is a monarchy?
200
An absolute restriction on the import of certain products from certain countries.
What is a boycott?
200
Taxes the amount of income that a person earns.
What is an income tax?
200
Allows a country to export into the granting country under the lowest customs duty rate.
What is most favored nation status? (MFN)
300
U.S. companies doing business in another country are taxed twice (once by their home country and by the host country).
What is double taxation?
300
A chaotic situation in which there is no government system in place.
What is anarchy?
300
A limit on the quantity or moentary amount of a product that can be imported form a particular country.
What is a quota?
300
A tax that is automatically deducted from an employee's pay.
What is a payroll tax?
300
Countries join together; members eliminate duties and other trade barriers, allow companies to invest freely in each member's country, and allow workers to move freely across borders.
What is common market?
400
A U.S. government agency that helps finance the export sales of U.S. products. It provides loans, guarantees, and credit insurance.
What is EXIM (Export-Import Bank of the United States)?
400
Most people are excluded from making the rules by which they live; one person or a small group of people hold political control.
What is totalitarian system?
400
Occurs when a government takes control and ownership of foreign owned assets and companies.
What is expropriation?
400
Tax levied on the sale or consumption of a specific product. (i.e. alcohol or tobacco)
What is an excise tax?
400
Member countries agree to eliminate duties and trade barriers on products traded among members.
What is free trade agreement?
500
The trend of some countries to restrict foreign ownership of companies and to establish laws that protect against foreign imports.
What is economic nationalism?
500
Government is controlled by the religious ideas of the people.
What is a theocracy?
500
A stop of all import/export trade with another country.
What is a trade embargo?
500
Tax assessed on the increase in value of goods from each stage of production to final consumption.
What is a value added tax (VAT)?
500
The corporation does not pay corporate income taxes if it invests in a country under this rule.