DOWNLOAD THE Test Bank for Global Business Today 9th Edition Hill
b b b b b b b b b b
Chapter 02 Nb b
ational Differences in Political, Economic, and Legal Systems
b b b b b b b
Trueb/bFalsebQuestions
1. Thebtermbpoliticalbeconomybisbusedbtobstressbthebfactbthatbthebpolitical,beconomic,bandblegalbsystems
b ofbabcountrybarebindependentbofbeachbother.
True False
2. Politicalbsystemsbthatbemphasizebcollectivismbtendbtobbebdemocratic,bwhilebpoliticalbsystemsbthat
b placebabhighbvaluebonbindividualismbtendbtobbebtotalitarian.
True False
3. Platobdidbnotbequatebcollectivismbwithbequality.
True False
4. KarlbMarxbadvocatedbstatebownershipbofbthebbasicbmeansbofbproduction,bdistribution,bandbexchange
b (i.e.,bbusinesses).
True False
5. Thebsocialbdemocratsbbelievedbthatbsocialismbcouldbbebachievedbonlybthroughbviolentbrevolution
b andbtotalitarianbdictatorship.
True False
6. Bybthebmid-1990s,bcommunismbwasbrisingbworldwide.
True False
2-1
Copyrightb©b2016bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorbwrittenbconsentbofb McGraw-HillbEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Global Business Today 9th Edition Hill
b b b b b b b b b b
7. Onebofbthebtenetsbofbcollectivismbisbthatbthebwelfarebofbsocietybisbbestbservedbbyblettingbpeople
b pursuebtheirbownbeconomicbself-interest.
True False
8. Inbpracticalbterms,bindividualismbtranslatesbintobanbadvocacybforbdemocraticbidealsbandbfreebmarket
b economics.
True False
9. ThebColdbWarbwasbinbmanybrespectsbabwarbbetweenbcollectivism,bchampionedbbybthebformerbSoviet
b Union,bandbindividualism,bchampionedbbybthebUnitedbStates.
True False
10. Inbpracticalbterms,bcollectivismbcreatesbabmorebfavorablebenvironmentbforbinternationalbbusinesses
b toboperatebinbthanbindividualism.
True False
11. Inbabtotalitarianbcountry,ballbthebconstitutionalbguaranteesbonbwhichbrepresentativebdemocraciesbare
b built—
anbindividual'sbrightbtobfreedombofbexpressionbandborganization,babfreebmedia,bandbregularbelectio
ns—arebdeniedbtobthebcitizens.
True False
12. Inbmostbdemocraticbstates,bthosebwhobquestionbthebrightbofbthebrulersbtobrulebfindbthemselves
b imprisoned,borbworse.
True False
13. ThebgovernmentsbofbChina,bVietnam,bandbLaosbarebcommunistbinbnamebonlybbecausebthosebnations
b havebadoptedbwide-ranging,bmarket-basedbeconomicbreforms.
True False
2-2
Copyrightb©b2016bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorbwrittenbconsentbofb McGraw-HillbEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Global Business Today 9th Edition Hill
b b b b b b b b b b
14. Allbright-wingbdictatorshipsbdisplaybanbaffinitybtowardbsocialistborbcommunistbideas.
True False
15. Inbabpurebcommandbeconomy,bthebgoodsbandbservicesbthatbabcountrybproduces,bthebquantitybinb
whichbtheybarebproduced,bandbthebpricesbatbwhichbtheybarebsoldbareballbdictatedbbybthebinteraction
b ofbdemandbandbsupply.
True False
16. Commandbeconomiesbprovidebabmorebfavorablebenvironmentbforbinnovationbandbentrepreneurs
b thanbmarketbeconomies.
True False
17. Abcommonblawbsystembtendsbtobbeblessbadversarialbthanbabcivilblawbsystem.
True False
18. Whenblawbcourtsbinterpretbcivilblaw,btheybdobsobwithbregardbtobtradition,bprecedent,bandbcustom.
True False
19. Judgesbunderbabcivilblawbsystembhaveblessbflexibilitybthanbthosebunderbabcommonblawbsystem.
True False
20. Islamicblawbisbprimarilybabmoralbratherbthanbabcommercialblawbandbisbintendedbtobgovernballbaspects
b ofblife.
True False
21. Comparedbtobabcommonblawbsystem,bitbisbmorebexpensivebtobdrawbupbcontractsbinbabcivilblaw
b jurisdiction.
True False
2-3
Copyrightb©b2016bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorbwrittenbconsentbofb McGraw-HillbEducation.
mynursytest.store
, DOWNLOAD THE Test Bank for Global Business Today 9th Edition Hill
b b b b b b b b b b
22. BybadoptingbthebContractsbforbthebInternationalbSalebofbGoodsb(CIGS),babnationbsignalsbtobother
b adoptersbthatbitbwillbtreatbthebconvention'sbrulesbasbpartbofbitsblaw.
True False
23. WhenbfirmsbdobnotbwishbtobacceptbthebContractsbforbthebInternationalbSalebofbGoods,btheyboftenbopt
b forbarbitrationbbybabrecognizedbarbitrationbcourtbtobsettlebcontractbdisputes.
True False
24. Intellectualbpropertyblawsbstimulatebinnovationbandbcreativebwork.
True False
25. Thebtermb"publicbaction"brefersbtobthebexclusiveblegalbrightsbofbauthors,bcomposers,bplaywrights,
b artists,bandbpublishersbtobpublishbandbdispersebtheirbworkbasbtheybseebfit.
True False
26. Liabilityblawsbarebtypicallybthebleastbextensivebinbhighlybdevelopedbnations.
True False
27. Whenbproductbsafetyblawsbarebtougherbinbabfirm'sbhomebcountrybthanbinbabforeignbcountry,bthe
b ethicalbthingbtobdobisbtobadherebtobhome-countrybstandards.
True False
28. Thebbenefits,bcosts,bandbrisksbassociatedbwithbdoingbbusinessbinbabcountrybarebindependentbofbthat
b country'sbpolitical,beconomic,bandblegalbsystems.
True False
29. Otherbthingsbbeingbequal,babnationbwithbdemocraticbpoliticalbinstitutionsbisbclearlybmorebattractivebas
b abplacebinbwhichbtobdobbusinessbthanbabnationbthatblacksbdemocraticbinstitutions.
True False
2-4
Copyrightb©b2016bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorbwrittenbconsentbofb McGraw-HillbEducation.
mynursytest.store
b b b b b b b b b b
Chapter 02 Nb b
ational Differences in Political, Economic, and Legal Systems
b b b b b b b
Trueb/bFalsebQuestions
1. Thebtermbpoliticalbeconomybisbusedbtobstressbthebfactbthatbthebpolitical,beconomic,bandblegalbsystems
b ofbabcountrybarebindependentbofbeachbother.
True False
2. Politicalbsystemsbthatbemphasizebcollectivismbtendbtobbebdemocratic,bwhilebpoliticalbsystemsbthat
b placebabhighbvaluebonbindividualismbtendbtobbebtotalitarian.
True False
3. Platobdidbnotbequatebcollectivismbwithbequality.
True False
4. KarlbMarxbadvocatedbstatebownershipbofbthebbasicbmeansbofbproduction,bdistribution,bandbexchange
b (i.e.,bbusinesses).
True False
5. Thebsocialbdemocratsbbelievedbthatbsocialismbcouldbbebachievedbonlybthroughbviolentbrevolution
b andbtotalitarianbdictatorship.
True False
6. Bybthebmid-1990s,bcommunismbwasbrisingbworldwide.
True False
2-1
Copyrightb©b2016bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorbwrittenbconsentbofb McGraw-HillbEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Global Business Today 9th Edition Hill
b b b b b b b b b b
7. Onebofbthebtenetsbofbcollectivismbisbthatbthebwelfarebofbsocietybisbbestbservedbbyblettingbpeople
b pursuebtheirbownbeconomicbself-interest.
True False
8. Inbpracticalbterms,bindividualismbtranslatesbintobanbadvocacybforbdemocraticbidealsbandbfreebmarket
b economics.
True False
9. ThebColdbWarbwasbinbmanybrespectsbabwarbbetweenbcollectivism,bchampionedbbybthebformerbSoviet
b Union,bandbindividualism,bchampionedbbybthebUnitedbStates.
True False
10. Inbpracticalbterms,bcollectivismbcreatesbabmorebfavorablebenvironmentbforbinternationalbbusinesses
b toboperatebinbthanbindividualism.
True False
11. Inbabtotalitarianbcountry,ballbthebconstitutionalbguaranteesbonbwhichbrepresentativebdemocraciesbare
b built—
anbindividual'sbrightbtobfreedombofbexpressionbandborganization,babfreebmedia,bandbregularbelectio
ns—arebdeniedbtobthebcitizens.
True False
12. Inbmostbdemocraticbstates,bthosebwhobquestionbthebrightbofbthebrulersbtobrulebfindbthemselves
b imprisoned,borbworse.
True False
13. ThebgovernmentsbofbChina,bVietnam,bandbLaosbarebcommunistbinbnamebonlybbecausebthosebnations
b havebadoptedbwide-ranging,bmarket-basedbeconomicbreforms.
True False
2-2
Copyrightb©b2016bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorbwrittenbconsentbofb McGraw-HillbEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Global Business Today 9th Edition Hill
b b b b b b b b b b
14. Allbright-wingbdictatorshipsbdisplaybanbaffinitybtowardbsocialistborbcommunistbideas.
True False
15. Inbabpurebcommandbeconomy,bthebgoodsbandbservicesbthatbabcountrybproduces,bthebquantitybinb
whichbtheybarebproduced,bandbthebpricesbatbwhichbtheybarebsoldbareballbdictatedbbybthebinteraction
b ofbdemandbandbsupply.
True False
16. Commandbeconomiesbprovidebabmorebfavorablebenvironmentbforbinnovationbandbentrepreneurs
b thanbmarketbeconomies.
True False
17. Abcommonblawbsystembtendsbtobbeblessbadversarialbthanbabcivilblawbsystem.
True False
18. Whenblawbcourtsbinterpretbcivilblaw,btheybdobsobwithbregardbtobtradition,bprecedent,bandbcustom.
True False
19. Judgesbunderbabcivilblawbsystembhaveblessbflexibilitybthanbthosebunderbabcommonblawbsystem.
True False
20. Islamicblawbisbprimarilybabmoralbratherbthanbabcommercialblawbandbisbintendedbtobgovernballbaspects
b ofblife.
True False
21. Comparedbtobabcommonblawbsystem,bitbisbmorebexpensivebtobdrawbupbcontractsbinbabcivilblaw
b jurisdiction.
True False
2-3
Copyrightb©b2016bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorbwrittenbconsentbofb McGraw-HillbEducation.
mynursytest.store
, DOWNLOAD THE Test Bank for Global Business Today 9th Edition Hill
b b b b b b b b b b
22. BybadoptingbthebContractsbforbthebInternationalbSalebofbGoodsb(CIGS),babnationbsignalsbtobother
b adoptersbthatbitbwillbtreatbthebconvention'sbrulesbasbpartbofbitsblaw.
True False
23. WhenbfirmsbdobnotbwishbtobacceptbthebContractsbforbthebInternationalbSalebofbGoods,btheyboftenbopt
b forbarbitrationbbybabrecognizedbarbitrationbcourtbtobsettlebcontractbdisputes.
True False
24. Intellectualbpropertyblawsbstimulatebinnovationbandbcreativebwork.
True False
25. Thebtermb"publicbaction"brefersbtobthebexclusiveblegalbrightsbofbauthors,bcomposers,bplaywrights,
b artists,bandbpublishersbtobpublishbandbdispersebtheirbworkbasbtheybseebfit.
True False
26. Liabilityblawsbarebtypicallybthebleastbextensivebinbhighlybdevelopedbnations.
True False
27. Whenbproductbsafetyblawsbarebtougherbinbabfirm'sbhomebcountrybthanbinbabforeignbcountry,bthe
b ethicalbthingbtobdobisbtobadherebtobhome-countrybstandards.
True False
28. Thebbenefits,bcosts,bandbrisksbassociatedbwithbdoingbbusinessbinbabcountrybarebindependentbofbthat
b country'sbpolitical,beconomic,bandblegalbsystems.
True False
29. Otherbthingsbbeingbequal,babnationbwithbdemocraticbpoliticalbinstitutionsbisbclearlybmorebattractivebas
b abplacebinbwhichbtobdobbusinessbthanbabnationbthatblacksbdemocraticbinstitutions.
True False
2-4
Copyrightb©b2016bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorbwrittenbconsentbofb McGraw-HillbEducation.
mynursytest.store
