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Michigan Surplus Lines Insurance Exam Prep questions and answers latest top score. (1)Surplus Lines premiums typically expand during: A) A soft Market B) A Hard Market - correct answers.A Hard Market. Surplus lines premiums typically expand during a hard market. (2) During the time of a hard market, insurers will: A) Tighten their underwriting standards B) Loosen their underwriting standards - correct answers.A) Tighten their underwriting standards. Tighten and ra...

Test Bank for Cohn Global Political Economy Theory and Practice 7th EditionChapter 1 Introduction Multiple Choice 1) Theorists who define globalization primarily as an economic phenomenon with little effect on the primacy of states are a) moderate globalists. b) hyperglobalists. c) internationalists. d) liberal economists. Answer: c; Page 7 2) Theorists who emphasize the fact that international relations is a “self- help” system are most often a) historical materialists. b) liberals. c...

Norms - Answer-The expectations held by national leaders about normal international relations Morality - Answer-an element of power What are the 3 primary concepts of institutions - Answer--International Instituions -International Organizations -International Regimes What are International Institutions - Answer--Primarily RULES -can be implied or explicit -Physical or understood International Organizations - Answer--physical/material -they actually exist -HAVE MEMBERS -written charter...

WGU D080 Managing in a Global Business Environment A company is considering establishing a subsidiary in a new host country and wishes to prepare its expatriates to adapt to the local environment. How should this company prepare its expatriates? Negotiation Operational training Repatriation Cultural Training Cultural training What happens to consumer surplus when tariffs and quotas are discontinued? They increase Which type of tariff is put in place to specifically ensure tha...

International Business Exam 1 Review Latest Update 100% Correct Globalization Movement from thinking about markets in terms of geographic areas to thinking about them as something that transcends borders; the shift towards a more integrated and interdependent world economy World-wide sourcing All types of businesses are getting inputs from several global locations Globalization of markets Merging of historically distinct and separate national markets into one huge global market; ...

ETS Major Field Test (Practice Test): Bachelor's Degree in Business. The common characteristic possessed by all assets is a) Long life b) Great monetary value c) Tangible nature d) Future economic benefit Which Foreign Direct Investment (FDI) attempts to acquire particular resources at a lower real cost than could be obtained in the home country? a) Market-seeking FDI b) Efficiency-seeking FDI c) Resource-seeking FDI d) Strategic asset-seeking FDI Under the Uniform Comm...

WGU D072 Objective Assessment (Latest 2024/ 2025 Update) Fundamentals for Success in Business- Prep Questions and Verified Answers- Grade A- 100% Correct Q: Which organizational ethical level is Charlie addressing in relocating Carl Spith and Kim Arkle? Moral Internal Policy Societal Personal Answer: Internal policies identify rules and guidelines for how employees behave in the business setting. Carl and Kim were relocated to foreign countries with the goal of hiring new employees ...

Sure Start is starting a new division for rechargeable batteries in different parts of the world. What was the globalization driver of this decision? - ANSWER-Competition drivers are about entering new markets to beat competitors. Sure Start has identified a market that does not have a lot of competition since it is a fairly new market. Which type of globalization is represented by Sure Start expanding into South America, Europe, and Asia? - ANSWER-Economic globalization is the globalization...

FACS Praxis Questions and Answers Already Graded A The nutritive value of a protein is ultimately dependent upon which of the following? amino acid content The nutritive value of a protein is ultimately dependent upon its amino acid content. This is why it is important to choose high quality protein sources as opposed to processed or deli meats. The smaller circuit of mortgage finance specialized in loans insured by the FHA. Whereas thrifts financed home mortgages out of their deposits, FHA mo...

Introduction - ACCURATE ANSWERMedia and communications policy must adapt to changes in the communications environment Convergence - ACCURATE ANSWER-The digital merging of technologies, media forms, and media industries -conflicts between international trade agreements and national communications policy Interactivity - ACCURATE ANSWERWe are quickly adapting to a mediascape in which we have increasing choice about how, when, and where we consume media Trade between the US and Canada - AC...