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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- Which 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 GermanyWhich 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.
- 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 missionsWhat 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
- Which of the following is an example of managing economic exposure by flexible sourcing policy? An American company sells its products in Brazil and Portugal. Reduced sales in Brazil due to the dollar appreciation against the “real” can be compensated by increased sales in Portugal due to the dollar depreciation against the euro. If yen is strong, it is preferable for a Japanese company to open a manufacturing subsidiary in the U.S. to produce and sell its products there. An American IT company hires software developers in Ukraine because of the weak position of grivna against dollar. A Canadian company spends a lot of money for research & development activities to improve its reputation and gain more customers.. What is globalization? What modes of international business are used by firms that want to globalize? Briefly describe each method. 1. What is the difference between a monochronic and a polychronic culture? How do such cultural differences affect business practices for international firms? 2. What is gross national income? How is it calculated? Illustrate your answer with a specific example. 1. What are the disadvantages of import restrictions in regard to creating domestic employment opportunities? 2. What is value chain configuration? Briefly list and discuss the factors that influence value chain configuration. 1. What is the relationship between a company's international market and its production location decisions? How do firms benefit from the use of scanning techniques when making location decisions? 2. Explain how franchising agreements differ from licensing agreements. 1. Compare push and pull promotional strategies in the context of international business.…Which of the following is a factor influencing the reduction of Caribbean correspondent bank relationships by global banks? Question 22Answer a. Trade and economic sanction violations costs incurred from additional due diligence to ensure full compliance. b. Nationalization of foreign bank branches. c. Increased competition from indigenous Caribbean banks. d. Increasing non-performing loans among Caribbean banks.