Question 1

In a(n)_____ joint venture, there is no contribution of capital to form a new entity.

Accepted Answer

The answer of In a(n)_____ joint venture, there is no...

Question 2

_____ are export intermediaries who represent a company in the foreign market.

Accepted Answer

The answer of _____ are export intermediaries who represent a...

Question 3

The draft that allows a period of 120 days to pay is very attractive for the importer because it allows time for the importer to sell the goods before having to pay for them.

Accepted Answer

A) True 
 B)False

Question 4

_____ refers to the measure of the impact that activities like transportation and manufacturing have on the environment, especially on climate change.

Accepted Answer

A) Depensation 
B) Coriolis Effect 
C) Baldwin Effect 
D) Carbon footprint 
E) Commensalism 
A) Depensation 
B) Coriolis Effect 
C) Baldwin Effect 
D) Carbon footprint 
E) Commensalism

Question 5

What is the Japan External Trade Organization (JETRO)?

Accepted Answer

The Japan External Trade Organization (J

Question 6

In a(n)_____ joint venture, each partner contributes capital and resources in exchange for an equity stake and share in any resulting profits.

Accepted Answer

The answer of In a(n)_____ joint venture, each partner contributes...

Question 7

An export management company is a government organization that ensures sound development of a country's export trade through quality control and inspection.

Accepted Answer

A) True 
 B)False

Question 8

_____ refers to an organization formed "to assist in financing US exports by supplementingthe financing available from commercial banks and other lenders."

Accepted Answer

A) Export-Import Bank of the United States 
B) Overseas Private Investment Corporation 
C) Private Export Funding Corporation 
D) Bank of America Merrill Lynch 
E) Apollo Investment Corporation 
A) Export-Import Bank of the United States 
B) Overseas Private Investment Corporation 
C) Private Export Funding Corporation 
D) Bank of America Merrill Lynch 
E) Apollo Investment Corporation

Question 9

Letters of credit are trusted forms of payment in international trade because the bank promises to make the payment on behalf of the importer.

Accepted Answer

A) True 
 B)False

Question 10

The carbon-footprint measure focuses on distance rather than looking at all the fossil fuels used in the manufacture of an item.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following statements holds true for an open account?

Accepted Answer

A) It is an arrangement in which the exporter ships the goods and then bills the importer. 
B) It is an arrangement in which an exporter is paid immediately on receipt of the bill of exchange. 
C) It is an arrangement in which an exporter sells a time draft at a discount to an intermediary that will pay the exporter immediately and then collect the full amount from the importer at the later date. 
D) It is an arrangement in which the exporter is paid exactly one year after the delivery has been made to the importer. 
E) It is an arrangement in which the exporter requires payment from the importer before shipping the goods. 
A) It is an arrangement in which the exporter ships the goods and then bills the importer. 
B) It is an arrangement in which an exporter is paid immediately on receipt of the bill of exchange. 
C) It is an arrangement in which an exporter sells a time draft at a discount to an intermediary that will pay the exporter immediately and then collect the full amount from the importer at the later date. 
D) It is an arrangement in which the exporter is paid exactly one year after the delivery has been made to the importer. 
E) It is an arrangement in which the exporter requires payment from the importer before shipping the goods.

Question 12

SBA's _____ loan program funds small businesses to pay for any activity that will increase exports.

Accepted Answer

The answer of SBA's _____ loan program funds small businesses...

Question 13

What are the advantages of outsourcing?

Accepted Answer

@#LAT-DLM&Reducing costs by moving labor to a lowe

Question 14

What steps can companies take to manage the quality and consistency in the performance of the suppliers?

Accepted Answer

The companies can take the following ste

Question 15

What are the constituents of service-level agreements?

Accepted Answer

The following are the constituents of se

Question 16

A(n)_____ refers to a country that has very advantageous (low)corporate income taxes.

Accepted Answer

The answer of A(n)_____ refers to a country that has...

Question 17

What options does a firm have if it wants to have a direct operating presence in the foreign country, which is completely under its control?

Accepted Answer

If a firm wants to have a direct operati

Question 18

Most companies consider the market-entry option of licensing to be a high-risk option because of the heavy upfront investment.

Accepted Answer

A) True 
 B)False

Question 19

_____ refers to an organization that assists foreign companies in exporting their products to Japan by providing free-market entry information and business-partner matching as well as some subsidies.

Accepted Answer

A) Japan Bank for International Cooperation 
B) Japan External Trade Organization 
C) Development Bank of Japan 
D) Master Trust Bank of Japan 
E) Japan Post Bank Company 
A) Japan Bank for International Cooperation 
B) Japan External Trade Organization 
C) Development Bank of Japan 
D) Master Trust Bank of Japan 
E) Japan Post Bank Company

Question 20

Which of the following statements holds true for the barter system?

Accepted Answer

A) It refers to the exchange of goods and services with payments made in gold. 
B) It refers to the direct exchange of goods with countries accorded the most favored nation status. 
C) It refers to the direct exchange of goods and services with nations that have been accorded AAA in the credit rating system. 
D) It refers to the direct exchange of goods without traders having to pay customs duties. 
E) It refers to the direct exchange of one good for another, with no money involved. 
A) It refers to the exchange of goods and services with payments made in gold. 
B) It refers to the direct exchange of goods with countries accorded the most favored nation status. 
C) It refers to the direct exchange of goods and services with nations that have been accorded AAA in the credit rating system. 
D) It refers to the direct exchange of goods without traders having to pay customs duties. 
E) It refers to the direct exchange of one good for another, with no money involved.

In a(n)_____ joint venture, there is no contribution of capital to form a new entity.

_____ are export intermediaries who represent a company in the foreign market.

The draft that allows a period of 120 days to pay is very attractive for the importer because it allows time for the importer to sell the goods before having to pay for them.

_____ refers to the measure of the impact that activities like transportation and manufacturing have on the environment, especially on climate change.

What is the Japan External Trade Organization (JETRO)?

In a(n)_____ joint venture, each partner contributes capital and resources in exchange for an equity stake and share in any resulting profits.

An export management company is a government organization that ensures sound development of a country's export trade through quality control and inspection.

_____ refers to an organization formed "to assist in financing US exports by supplementingthe financing available from commercial banks and other lenders."

Letters of credit are trusted forms of payment in international trade because the bank promises to make the payment on behalf of the importer.

The carbon-footprint measure focuses on distance rather than looking at all the fossil fuels used in the manufacture of an item.

Which of the following statements holds true for an open account?

SBA's _____ loan program funds small businesses to pay for any activity that will increase exports.

What are the advantages of outsourcing?

What steps can companies take to manage the quality and consistency in the performance of the suppliers?

What are the constituents of service-level agreements?

A(n)_____ refers to a country that has very advantageous (low)corporate income taxes.

What options does a firm have if it wants to have a direct operating presence in the foreign country, which is completely under its control?

Most companies consider the market-entry option of licensing to be a high-risk option because of the heavy upfront investment.

_____ refers to an organization that assists foreign companies in exporting their products to Japan by providing free-market entry information and business-partner matching as well as some subsidies.

Which of the following statements holds true for the barter system?

Introduction

International Trade and Foreign Direct Investment

Culture and Business

World Economies

Global and Regional Economic Cooperation and Integration

International Monetary System

Foreign Exchange and the Global Capital Markets

International Expansion and Global Market Opportunity Assessment

Strategy and International Business

Global Entrepreneurship and Intrapreneurship

Winning Through Effective, Global Talent Management

Harnessing the Engine of Global Innovation

Competing Effectively Through Global Marketing, Distribution, and Supply-Chain Management

Understanding the Roles of Finance and Accounting in Global Competitive Advantage

Filters

Exam 9: Exporting, Importing, and Global Sourcing

In a(n)_____ joint venture, there is no contribution of capital to form a new entity.

_____ are export intermediaries who represent a company in the foreign market.

The draft that allows a period of 120 days to pay is very attractive for the importer because it allows time for the importer to sell the goods before having to pay for them.

_____ refers to the measure of the impact that activities like transportation and manufacturing have on the environment, especially on climate change.

What is the Japan External Trade Organization (JETRO)?

In a(n)_____ joint venture, each partner contributes capital and resources in exchange for an equity stake and share in any resulting profits.

An export management company is a government organization that ensures sound development of a country's export trade through quality control and inspection.

_____ refers to an organization formed "to assist in financing US exports by supplementingthe financing available from commercial banks and other lenders."

Letters of credit are trusted forms of payment in international trade because the bank promises to make the payment on behalf of the importer.

The carbon-footprint measure focuses on distance rather than looking at all the fossil fuels used in the manufacture of an item.

Which of the following statements holds true for an open account?

SBA's _____ loan program funds small businesses to pay for any activity that will increase exports.

What are the advantages of outsourcing?

What steps can companies take to manage the quality and consistency in the performance of the suppliers?

What are the constituents of service-level agreements?

A(n)_____ refers to a country that has very advantageous (low)corporate income taxes.

What options does a firm have if it wants to have a direct operating presence in the foreign country, which is completely under its control?

Most companies consider the market-entry option of licensing to be a high-risk option because of the heavy upfront investment.

_____ refers to an organization that assists foreign companies in exporting their products to Japan by providing free-market entry information and business-partner matching as well as some subsidies.

Which of the following statements holds true for the barter system?

Introduction

International Trade and Foreign Direct Investment

Culture and Business

World Economies

Global and Regional Economic Cooperation and Integration

International Monetary System

Foreign Exchange and the Global Capital Markets

International Expansion and Global Market Opportunity Assessment

Strategy and International Business

Global Entrepreneurship and Intrapreneurship

Winning Through Effective, Global Talent Management

Harnessing the Engine of Global Innovation

Competing Effectively Through Global Marketing, Distribution, and Supply-Chain Management

Understanding the Roles of Finance and Accounting in Global Competitive Advantage

Filters