Question

21. Ine Tulces UCI W A. domestic B. external C. foreign D. internal. E uncontrollable. 22. According to supporters of the globalization of trade and investment, free trade A. creates more and better jobs. B. benefits all nations and workers. C. does not cause the loss of high-paying jobs. D. preserves the individuality of different cultures. E. is an unattainable goal of idealists. 23. The purchase of an existing business in another nation is known as a(an) 1. ross-border acquisition. B. strategic alliance. C. greenfield investment. D. home country expansion. E. international entrepreneurship. 24. Religion is a part of a group's culture because A. it is how a group worship. B. religion is culture. C. groups choose their religion, and culture is chosen. D. it influences behavior through attitudes and beliefs. 25.In business, the ritual of gift giving is a way to A. unfairly influence or bribe prospective customers/clients. B. give a huge advantage for international managers. C. show fondness. D. publicly acknowledge interrelationships and obligations.

Answer 1

22.B benefits all nations and workers

Free trade agreement leads to prevention of tariffs. Imposing tariffs is a revenue to the government but causes a dead weight loss in the society.

23 A Cross Border acquisition

It is simply when a company buys another company in a foreign country.

24 D it influences the behaviours through attitude and beliefs.

Attitude is formed through experience and beliefs and formed through influence. Religion is both a lifestyle and a preacher.

25 D Publicly acknowledge interrelationships and obligations

Often business use the practice of gifting to reinforce relationships between two business parties and also as a measure to highlight such move in public.