Which of the following is not a 1990's event that changed the traditional patterns of how the United States conducts business overseas? Question options: deregulation of the telecommunications industry the North American Free Trade Agreement full economic integration in Western Europe the end of Soviet rule in Eastern Europe all were noteble events
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- Please select your right reasonWhich of the following is not a reason for U.S. firms operating in foreign markets? A.Better economic and political environment (in the U.S.) B.Less expensive labor C.Tax incentives D. To achieve international diversificationThe European Recovery Program or Marshall Plan proposed a the infusion of massive amounts of American capital into Western Europe b.the rearming and self-determination for Japan c.the division of Germany d.the rearming of Germany
- Which of the following best represents the primary economic and financial benefit to the U.S. from NAFTA? It led to increased tariffs on U.S. exports to Canada and Mexico. U.S. consumers had access to a wider variety of products. It resulted in the relocation of major U.S. corporations to Europe. The U.S. benefited from low-price manufacturing, low-priced labor, and reduced shipping and logistics costs.The European Union; Globalization; Strategy The European Union (EU) is made up of 28European countries that are bound together by trade and political agreements. The broad goal of theEU is to create an economic and political union that will foster common economic goals and politicalstability. The EU has achieved many of these goals over the last few decades but concerns in recentyears about immigration and economic inequality have caused problems. Starting with the July 2016vote in the UK to leave the EU (this vote has been called Brexit), other countries (including theU.S.) have seen the growing prominence of anti-globalization efforts. Some have called this a time of“economic nationalism.” These efforts have the effect of driving countries to reconsider or removetrade agreements and to restrict immigration from other countries.Leaders of countries around the world have responded in various ways. Most want to preservepolitical and social ties among countries. For example, Prime…What did the IMF require in exchange for providing funds to heavily indebted customers in the 1980s and 1990s? deregulation of markets, reorganized finances, and export-driven growth O reforms to make their political systems more democratic O increased central economic planning, to insure stability. provision of national troops for international peacekeeping missions
- Which of the following statements about globalization best describes the increasing complexity in strategy? a. Increased opportunities to trade with ease in new markets b. Increased access to cheap labour c. Reduction in the number of large multinational corporations d. Increase in currency exchange tradingWhat happened to the dollar following the announcement by the Group of Five that it would be desirable for most major currencies to appreciate via the U.S. dollar? Multiple Choice The dollar was replaced by the euro in pegged exchanges. The dollar strengthened. The dollar became even stronger in foreign exchange markets. The dollar continued to decline The dollar was not affected by this announcement.Three former Uruguayan presidents recommended the current administration that without abandoning Mercosur, it should look at major trade blocks associations but at the same time a strong self criticism is needed because maybe the problem is not in Mercosur but in Uruguay. The absence of conditions in the Uruguayan economy to compete for markets and investments, the wrong energy and foreign policies and the infinite tolerance with the bilateral mechanism imposed by Argentina and Brazil in the region are the main causes by which Mercosur has seen its rules and institutions erode and most probably leading it to a major failure. The three leaders are Julio Maria Sanguinetti (1985/1990 and 1995/2000); Luis Alberto Lacalle (1990/1995) and Jorge Batlle (2000/2005). The only living president missing at the conference was Tabare Vasquez (2000/2005), who belongs to the current ruling coalition. “We need powerful friends and partners but distant” said Lacalle who suggested Uruguay should reach…
- need saap solutionCase study . The CEO of your client, Green Lotus Co. Ltd. with legal seat in Hong Kong, now wants to expand the company's business activities into mainland China. He has discovered that the PRC is a CISG-member state (since 1 January 1988), but has made the following declaration: The People's Republic of China does not consider itself bound by subparagraph (b) of paragraph 1 of article 1 and article 11 as well as the provisions in the Convention relating to the content of article 11.He asks you to comment on the implications for the form of trade agreements to be concluded between mainland Chinese and other parties.Question 1 Which of the following is a societal consequence of market globalization? a new risks and instant rivalry from foreign competitors b. offshoring and the flight of jobs C. internationalization of firm's value chain d. greater emphasis on proactive internationalization Question 2 The fourth phase of globalization is characterized by a. the reduction of barriers to trade by Western industrialized countries b. the rise of railroads and ocean transport C. the enormous growth of cross-border trade and investment Clear my choice d. the initiation of the Marshall Plan to reconstruct Europe Question 3 C. Each of the following has contributed to the rapid growth of trade among nations EXCEPT a. the growth of emerging market countries b, the liberalization of markets the increase in trade barriers d. advances in information technology Clear my choice