WGU D080 - Units 2-6
WGU D080 - Units 2-6
Study online at https://quizlet.com/_gapfv9
1. Which effect does a command economy have on the The government is less
process of globalization? flexible, so the globaliza-
tion process is challenged.
2. A company is conducting a legal risk analysis for a It is based on a detailed set
country that has a civil law system. Which statement of laws that form a code.
accurately characterizes this legal system?
3. Which fact should a company note when it opens its The state has a mixed law
operations in the state of Louisiana? system.
4. Which core principle of the World Trade Organization Most-favored-nation
supports equality among member nations and helps (MFN) status
fight discrimination among them?
5. What is true regarding free trade? Free trade leads to spe-
cialization of each country
and increases production
efficiency.
6. Countries A and B participate in trade agreements that Increases
allow free trade among participant countries. However,
Country A imposed quotas on several imported prod-
ucts to protect its domestic products.
What is the effect, if any, on the domestic prices of
these products?
7. How do governments help companies offset the cost Subsidies
of manufacturing domestically?
8. What would a mercantilist value the most? A trade surplus
9. Acquisition of resources
1/9
, WGU D080 - Units 2-6
WGU D080 - Units 2-6
Study online at https://quizlet.com/_gapfv9
A multinational corporation has manufacturing facil-
ities in many Asian countries due to cheaper labor.
Which strategy is the corporation using?
10. A firm in Country A exports products to Country B. The More valuable export sales
currency in Country B is strong relative to the currency
in Country A. What does this mean for the firm?
11. What is the directional nature of contracts between Horizontal contracts with
international businesses? vertical legal structure
12. An employee at the U.S. Patent and Trademark Office Sarbanes-Oxley Act (SOX)
was casually talking to a friend who worked at Com-
pany XYZ. The patent office employee mentioned that The Sarbanes-Oxley Act
a pending patent application for Company XYZ was (SOX), legislation passed
about to be denied, and the decision would become by the U.S. Congress, is
public in a few days. The public release of the report designed to address a lack
was likely to result in a severe reduction in the stock of trust in corporate Amer-
price of the company. The friend who worked at Com- ica by the investing public.
pany XYZ then placed an online trade transaction to SOX specifically addresses
sell all shares of stock they owned in Company XYZ an employee selling stock
the next day. Which specific law passed by the U.S. based on information not
Congress did the Company XYZ employee violate? known by the public.
13. A company is reviewing intangible assets that are cov- Copyright
ered by intellectual property laws.
Which asset is being reviewed?
14. What is true regarding the ensuring of competitive Antitrust laws that pro-
markets? mote free domestic mar-
kets tend to promote glob-
alization.
2/9
WGU D080 - Units 2-6
Study online at https://quizlet.com/_gapfv9
1. Which effect does a command economy have on the The government is less
process of globalization? flexible, so the globaliza-
tion process is challenged.
2. A company is conducting a legal risk analysis for a It is based on a detailed set
country that has a civil law system. Which statement of laws that form a code.
accurately characterizes this legal system?
3. Which fact should a company note when it opens its The state has a mixed law
operations in the state of Louisiana? system.
4. Which core principle of the World Trade Organization Most-favored-nation
supports equality among member nations and helps (MFN) status
fight discrimination among them?
5. What is true regarding free trade? Free trade leads to spe-
cialization of each country
and increases production
efficiency.
6. Countries A and B participate in trade agreements that Increases
allow free trade among participant countries. However,
Country A imposed quotas on several imported prod-
ucts to protect its domestic products.
What is the effect, if any, on the domestic prices of
these products?
7. How do governments help companies offset the cost Subsidies
of manufacturing domestically?
8. What would a mercantilist value the most? A trade surplus
9. Acquisition of resources
1/9
, WGU D080 - Units 2-6
WGU D080 - Units 2-6
Study online at https://quizlet.com/_gapfv9
A multinational corporation has manufacturing facil-
ities in many Asian countries due to cheaper labor.
Which strategy is the corporation using?
10. A firm in Country A exports products to Country B. The More valuable export sales
currency in Country B is strong relative to the currency
in Country A. What does this mean for the firm?
11. What is the directional nature of contracts between Horizontal contracts with
international businesses? vertical legal structure
12. An employee at the U.S. Patent and Trademark Office Sarbanes-Oxley Act (SOX)
was casually talking to a friend who worked at Com-
pany XYZ. The patent office employee mentioned that The Sarbanes-Oxley Act
a pending patent application for Company XYZ was (SOX), legislation passed
about to be denied, and the decision would become by the U.S. Congress, is
public in a few days. The public release of the report designed to address a lack
was likely to result in a severe reduction in the stock of trust in corporate Amer-
price of the company. The friend who worked at Com- ica by the investing public.
pany XYZ then placed an online trade transaction to SOX specifically addresses
sell all shares of stock they owned in Company XYZ an employee selling stock
the next day. Which specific law passed by the U.S. based on information not
Congress did the Company XYZ employee violate? known by the public.
13. A company is reviewing intangible assets that are cov- Copyright
ered by intellectual property laws.
Which asset is being reviewed?
14. What is true regarding the ensuring of competitive Antitrust laws that pro-
markets? mote free domestic mar-
kets tend to promote glob-
alization.
2/9
