Question

27) When a company successfully responds to foreign production and market opportunities, ________.

A) other companies will likely emulate its successful practices

B) it likely has a long-term advantage over competitors

C) it typically downsizes its domestic operations

D) its home government likely raises taxes on the company

28) According to your text, which of the following is NOT one of the three main reasons governments cooperate with each other?

A) to attack problems that one country acting alone cannot solve

B) to deal with areas of concern that lie outside the territory of any nation

C) to gain reciprocal advantages

D) to encourage cross-border movement of resources in response to interest rate differences

29) Governments have signed treaties to protect foreign-owned property rights, such as investments and patents. A primary reason for doing so is to ________.

A) gain reciprocal advantages

B) reduce the domestic effects of other countries' economic policies

C) deal with areas of concern outside the territory of any one country

D) reduce national conflicts leading to violent encounters

30) Which of the following is NOT a source of disagreement about the use of noncoastal areas of the oceans, outer space, and Antarctica?

A) There is little short-term business potential in these areas.

B) There is disagreement about how commercial benefits should be shared among nations.

C) There is disagreement about who should be allowed to develop where.

D) The commercial viability of some areas has only recently been demonstrated.

31) Which of the following is a reason that governments cooperate through treaties, agreements, and consultation?

A) to gain a division of labor, such as by performing research and development in one country and production in another

B) to be in compliance with United Nations' requirements

C) to attack problems jointly that one country acting alone cannot solve

D) to assure that all countries get an equitable share of taxes from multinational enterprises

32) Small countries worry about overdependence caused by globalization. Their concerns include all of the following EXCEPT which of the following?

A) A large country on whom they depend may pressure them on political matters.

B) A large international company may dictate its terms of operations in a small country.

C) A large company may exploit legal loopholes to avoid political oversight and taxes.

D) A large country may reduce its level of cultural homogeneity.

Answer 1

27) Solution: other companies will likely emulate its successful practices

Explanation: When a company successfully responds to global market opportunities then other firms will also imitate its successful practices

28) Solution: to encourage cross-border movement of resources in response to interest rate differences

Explanation: The governments does not cooperate with each other to respond on the interest rate differences

　

29) Solution: gain reciprocal advantages

Explanation: The governments often sign treaties to protect foreign-owned property rights for the benefits of reciprocal gains

　

30) Solution: There is little short-term business potential in these areas

Explanation: The short-term business potential in outer space, oceans, and Antarctica is not a cause of disagreement on it's usage

　

31) Solution: to attack problems jointly that one country acting alone cannot solve

Explanation: The governments often cooperate through agreements, treaties, and consultation to solve the issues jointly that one nation acting alone cannot solve

32) Solution: A large country may reduce its level of cultural homogeneity.

Explanation: Small countries do not worry about overdependence on a large nation that reduces homogeneity level of culture