D080 UNIT 2 TEST
Whichbneffectbndoesbnabncommandbneconomybnhavebnonbnthebnprocessbnofbnglobalization?bn-
bnanswers--Thebngovernmentbnisbnlessbnflexible,bnsobnthebnglobalizationbnprocessbnisbnchallenged.
Abncompanybnisbnconductingbnabnlegalbnriskbnanalysisbnforbnabncountrybnthatbnhasbnabncivilbnlawbnsyste
m.bnWhichbnstatementbnaccuratelybncharacterizesbnthisbnlegalbnsystem?bn-bnanswers--
Itbnisbnbasedbnonbnabndetailedbnsetbnofbnlawsbnthatbnformbnabncode.
WhichbnfactbnshouldbnabncompanybnopeningbnitsbnoperationsbninbnthebnU.S.bnstatebnofbnLouisianabnnote
?bn-bnanswers--Thebnstatebnhasbnabnmixedbnlawbnsystem.
WhichbncorebnprinciplebnofbnthebnWorldbnTradebnOrganizationbnsupportsbnequalitybnamongbnmemberbn
nationsbnandbnhelpsbnfightbndiscriminationbnamongbnthem?bn-bnanswers--Most-favored-
nationbn(MFN)bnstatus
Whatbnisbntruebnregardingbnfreebntrade?bn-bnanswers--
Freebntradebnleadsbntobnspecializationbnofbneachbncountrybnandbnincreasesbnproductionbnefficiency.
CountriesbnAbnandbnBbnparticipatebninbntradebnagreementsbnthatbnallowbnfreebntradebnamongbnparticip
antbncountries.bnHowever,bnCountrybnAbnimposedbnquotasbnonbnseveralbnimportedbnproductsbntobnprot
ectbnitsbndomesticbnproducts.
Whatbnisbnthebneffect,bnifbnany,bnonbnthebndomesticbnpricesbnofbnthesebnproducts?bn-bnanswers--
Increases
Howbndobngovernmentsbnhelpbncompaniesbnoffsetbnthebncostbnofbnmanufacturingbndomestically?bn-
bnanswers--Subsidies
Whatbnwouldbnabnmercantilistbnvaluebnthebnmost?bn-bnanswers--Abntradebnsurplus
Whichbneffectbndoesbnabncommandbneconomybnhavebnonbnthebnprocessbnofbnglobalization?bn-
bnanswers--Thebngovernmentbnisbnlessbnflexible,bnsobnthebnglobalizationbnprocessbnisbnchallenged.
Abncompanybnisbnconductingbnabnlegalbnriskbnanalysisbnforbnabncountrybnthatbnhasbnabncivilbnlawbnsyste
m.bnWhichbnstatementbnaccuratelybncharacterizesbnthisbnlegalbnsystem?bn-bnanswers--
Itbnisbnbasedbnonbnabndetailedbnsetbnofbnlawsbnthatbnformbnabncode.
WhichbnfactbnshouldbnabncompanybnopeningbnitsbnoperationsbninbnthebnU.S.bnstatebnofbnLouisianabnnote
?bn-bnanswers--Thebnstatebnhasbnabnmixedbnlawbnsystem.
WhichbncorebnprinciplebnofbnthebnWorldbnTradebnOrganizationbnsupportsbnequalitybnamongbnmemberbn
nationsbnandbnhelpsbnfightbndiscriminationbnamongbnthem?bn-bnanswers--Most-favored-
nationbn(MFN)bnstatus
Whatbnisbntruebnregardingbnfreebntrade?bn-bnanswers--
Freebntradebnleadsbntobnspecializationbnofbneachbncountrybnandbnincreasesbnproductionbnefficiency.
CountriesbnAbnandbnBbnparticipatebninbntradebnagreementsbnthatbnallowbnfreebntradebnamongbnparticip
antbncountries.bnHowever,bnCountrybnAbnimposedbnquotasbnonbnseveralbnimportedbnproductsbntobnprot
ectbnitsbndomesticbnproducts.
Whatbnisbnthebneffect,bnifbnany,bnonbnthebndomesticbnpricesbnofbnthesebnproducts?bn-bnanswers--
Increases
Howbndobngovernmentsbnhelpbncompaniesbnoffsetbnthebncostbnofbnmanufacturingbndomestically?bn-
bnanswers--Subsidies
Whatbnwouldbnabnmercantilistbnvaluebnthebnmost?bn-bnanswers--Abntradebnsurplus
