Question

11.)__________________ refers to a foreign government’s takeover of company assets such as land and goods with compensation that tend to fall short of their market value.
Select one:
a. Confiscation
b. Domestication
c. Nationalization
d. Expropriation
e. None of the above

12.)A major objective of any state government wishing to support businesses that will be exporting or relocating to the United States (specifically, within their state) is
Select one:
a. opening more hotels/motels
b. gaining control of multinational corporations
c. increasing the defense industry in their state
d. accumulating wealth
e. job creation

13.)International law comes from customs, national and international court decisions, and
Select one:
a. tradition
b. joint ventures
c. international treaties
d. strategic alliances
e. cabals

14.)Lack of political stability and continuity is usually a characteristic of which of the following systems?
Select one:
a. single party
b. communist
c. multiple party
d. bi-cameral system
e. dual party

15.)_____________________ may be defined as that body of rules or laws that is binding on states and other international persons in their mutual relations.
Select one:
a. Napoleonic code law
b. International law (or the “law of nations”)
c. Civil law
d. Local law
e. Legal systems

16.)A(n) _____________ country refers to a country the parent company is based in and operates from.
Select one:
a. host
b. home
c. origin
d. domestic
e. plural

17.)________________ systems base the interpretation of law on prior court rulings (that is, legal precedents and customs of time).
Select one:
a. Code law
b. Common law
c. Napoleonic law
d. Written law
e. Islamic law

18.)The ____________________ was designed to prohibit the payment of any money or anything of value to foreign officials, foreign political parties, or any candidate for foreign political office for purposes of obtaining, retaining, or directing business.
Select one:
a. Export Trading Company Act
b. Foreign Corrupt Practices Act
c. Clayton Act
d. Federal Trade Commission Act
e. Sherman Act

19.)____________________ laws primarily govern behavior within a country and also govern the resolution of international contractual disputes since foreign subsidiaries and expatriate employees live within the legal bounds of their host countries’ legal systems.
Select one:
a. Multinational
b. Local and municipal
c. Transnational
d. Bi-national
e. Global

20.)A(n) ____________________ country refers to a country in which foreign companies are allowed to do business in accordance with its government policies and within its laws.
Select one:
a. home
b. host
c. domestic
d. origin
e. foreign trade zone

Answer 1

11 D- Expropriations

This refers to the action of the government, authority etc to buy the assets from the owner for the public use. The private-owned property is bought and made it useful for the public

12 e. job creation

Job creation will be done when there is more business. The employee will be there. So through job creation the government support business. Job creation will be there only when there are works to do. It means the companies will have more earning opportunities.

13 c. international treaties

International treaties are the contracts made by two or more countries to follow certain rules, guidelines, etc. For example- the UN has the capacity to make the international treaties.

14C- multiple parties

This is a political system where more than one parties join the election process to run the government. There is no op\ne party dominant in the country in this system. All the parties have the capacity to run the government.