Tax _____________ are used to encourage other countries to invest and locate plants in their country.
What is "incentives?"
100
Command economies are usually found in _______________ government systems.
What is "totalitarian?"
100
Limiting the number of cameras that can be imported from China is an example of a(n) _______________.
What is "quota?"
100
Anything that inhibits or prevents trade is a __________ ___________.
What is "trade barrier?"
100
The main reason countries join together in a __________ market is to increase trade between the member countries.
What is "common?"
200
The ____________ taxes are on a business, the ___________ the prices of their products.
What is "higher" OR "lower?"
200
Democratic societies usually have a ___________ economy.
What is "market?"
200
___________ are not collected when goods are imoprted into a free-trade zone.
What is "duties?"
200
The possible outbreak of civil war within a country is an example of ____________ risk to a multinational company.
What is "political?"
200
A multinational company hiring all its employees from the home country is an example of a lack of ____________ responsibility.
What is "social?"
300
A tax that can be used as a trade barrier is an __________ ___________ tax.
What is "import duty?"
300
Making it harder for foreign companies to compete with local companies is a type of ______________ policy.
What is "protectionism?"
300
A ____________ agreement results in increased trade between two countries.
What is "free-trade?"
300
This organization provides political risk insurance on exports for the U.S.
What is "the Export-Import Bank of the U.S.?"
300
EXIM provides ___________ on exports for damage from wars or revolutions.
What is "insurance?"
400
A multinational company's foreign facilities are located in what is called the ___________ country.
What is "host?"
400
Most governments encourage exporting for these top two reasons.
What is "creates more jobs" and "improves the economy?"
400
Import quotas are used to help protect domestic companies from foreign ____________.
What is "competition?"
400
The most serious political risk for a multinational company is _______________.
What is "expropriation?"
400
Governments _____________ their state-owned companies to make them more efficient and profitable.
What is "privatize?"
500
_________ tax is considered 'regressive' because people with lower income pay a larger percentage of their income than people with higher income, (i.e., the tax is the same regardless of income).
What is "sales?"
500
If the U.S. placed a trade _________ on a foreign country, no products could be traded between them.
What is "embargo?"
500
This status usually allows foreign companies to pay lower customs duties.
What is "most favored nation?"
500
Give an example of when expropriation might occur. Name a country and the sequence of events that might happen.
What is (answers will vary).
500
This company provides U.S. businesses with political risk insurance on an overseas subsidiary or investment.
What is "the Overseas Private Investment Corporation?"