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Exam (elaborations)

CSULB CBA 300 Test 2 questions with answers 2024

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CSULB CBA 300 Test 2Privatization - correct answer The transfer of public sector assets to the private sector, the transfer of management of state activities through contracts and leases, and the contracting out of activities previously conducted by the state. Terrorism - correct answer Unlawful acts of violence committed for a wide variety of reasons, including for ransom, to overthrow a government, to gain release of imprisoned colleagues, to exact revenge for real or imagined wrongs, and to punish nonbelievers of the terrorists' religion. Stability - correct answer Characteristic of a government that maintains itself in power and whose fiscal, monetary, and political policies are predictable and not subject to sudden, radical changes. Instability - correct answer Characteristic of a government that cannot maintain itself in power or that makes sudden, unpredictable, or radical policy changes. Country Risk Assessment (CRA) - correct answer An evaluation, conducted by a bank or business, that assesses a country's economic situation and policies and its politics to determine how much risk exists of losing an investment or not being paid. Dumping - correct answer Selling a product abroad for less than the cost of production, the price in the home market, or the price to third countries. Subsidies - correct answer Financial contributions, provided directly or indirectly by a government, which confer a benefit, including grants, preferential tax treatment, and government assumption of normal business expenses. Countervailing duties - correct answer Additional import taxes levied on imports that have benefited from export subsidies. Tariffs - correct answer Taxes on imported goods for the purpose of raising their price to reduce competition for local producers or stimulate local production.

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