Multiple Choice
Identify the choice that
best completes the statement or answers the question.
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1.
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The abbreviation for United Nations Human
Development Report is
a. | UNHUDR | b. | UNHEDER | c. | UNHDER | d. | UNHDR | e. | UNHUDER |
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2.
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The practice of private advocacy with the goal of
influencing a governing body, in order to ensure that an individual's or organization's
point of view is represented in the government is called
a. | mobbing. | b. | influencing. | c. | lobbying. | d. | ruling. | e. | advocating. |
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3.
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Nationalistic feelings and their consequences
have
a. | minor effects on the business of international
marketers. | b. | strong effects on
the business of international marketers. | c. | no effects on the
business of international marketers. | d. | negligible effects
on the business of international marketers. | e. | undetectable
effects on the business of international marketers. |
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4.
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The competitiveness of a country’s industries
partly depends on the level of
a. | local labor cost compared to competitors of the marketer
in its home country. | b. | lobbying
unions. | c. | the international law system. | d. | global labor cost compared to other countries. | e. | local labor cost compared to other
countries. |
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5.
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International marketers must be careful to know
exactly how far they can go in standardizing goods and services, distribution activities, and –
most importantly – market communication, because societies want to protect their
a. | prices. | b. | information system. | c. | cultural
identity. | d. | political system. | e. | political identity. |
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6.
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Long-term low interest rate loans provided by banks
as a financial assistance are called
a. | ‘low interest
loans’. | b. | ‘soft
loans’. | c. | ‘export
loans’. | d. | ‘financial
assistance loans’. | e. | ‘soft
loans’. |
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7.
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Sometimes governments support imports of particular
goods or services especially from industrially less developed countries, in order to
a. | stimulate their economies. | b. | harm competitors. | c. | have a good
reputation at the UN. | d. | follow the rules
published by the EU. | e. | please
stakeholders. |
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8.
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Arbitrary product classification
a. | is a technical standard. | b. | is the sometimes unpredictable manner in which a country’s tariff
administration classifies products for determining the import duties and taxes to
pay. | c. | means the classification of products an arbitrator may
need. | d. | is the process of finding a name for a
product. | e. | is an international
norm. |
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9.
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Discrimination against foreign suppliers in bidding
for government contracts are realized by
a. | discriminatory private
contracts. | b. | discriminatory
government procurement contracts. | c. | discriminatory
import quotas. | d. | discriminatory
import limitations. | e. | discriminatory
import barriers. |
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10.
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An export license may be needed if a company wants
to export
a. | machine tools. | b. | technical know-how. | c. | medical
goods. | d. | convenience products. | e. | nuclear material. |
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11.
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Sometimes imports to a country are only allowed
when using a specific harbor or airport or a specific customs office. This specific measure is
called
a. | bill of transport. | b. | bill of unloading. | c. | transport
requirements. | d. | unloading
requirements. | e. | port-of-entry
requirements. |
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12.
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To meet local content requirements the
international marketer has to prove that
a. | it will look for local
suppliers. | b. | it will look for
international suppliers. | c. | a certain
percentage of a product’s total value added will be produced in the host
country. | d. | all of a product’s total value added will be
produced in the host country. | e. | it will erect a
new plant. |
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13.
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Payments made by local authorities (governments of
states, provinces or cities) and regional institutions, such as the EU administration, to local and
international firms in an attempt to improve either the competitive position of the firm or the
attractiveness of a location to the investor are called
a. | subsidies. | b. | financial supports. | c. | compensations. | d. | relieves. | e. | depreciations. |
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14.
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In regard to international business law the
marketer does NOT need to take into consideration
a. | regulations regarding
extraterritoriality. | b. | agreements and
conventions. | c. | court
system. | d. | logistics
systems. |
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15.
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Deregulation means governments tend to decrease the
number and specificity of regulations concerning
a. | the supply chain. | b. | export. | c. | competition. | d. | import. | e. | lobbying. |
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