Question 1

In___________, provincial governments play a substantial role in trade and investment regulation.

Accepted Answer

A)  China 
B)  Norway 
C)  Indonesia 
D)  Canada 
A)  China 
B)  Norway 
C)  Indonesia 
D)  Canada D

Question 2

Most patent systems outside __________ operate on first to file rather then the first to invent principle.

Accepted Answer

A)  China 
B)  USA 
C)  Africa 
D)  Cuba 
A)  China 
B)  USA 
C)  Africa 
D)  Cuba B

Question 3

The importance of political risk creates demand for its assessment. The various ways to measure the risk can be roughly classified into which of the following categories

Accepted Answer

A)  Qualitative Approaches and Aggregates Of Expert Opinions 
B)  Scenario Approaches and Decision-Tree Methods 
C)  Quantitative Techniques That Result In Political Risk Indices 
D)  All of the above 
A)  Qualitative Approaches and Aggregates Of Expert Opinions 
B)  Scenario Approaches and Decision-Tree Methods 
C)  Quantitative Techniques That Result In Political Risk Indices 
D)  All of the above D

Question 4

Three international treaties govern patent protection.

Accepted Answer

A) True 
 B)False

Question 5

______________ represents a threat to the current ownership structure or to the ability of the MNE to select or shift to a given governance structure.

Accepted Answer

A)  Ownership risk 
B)  Bargaining risk 
C)  Operational risk 
D)  None of the above 
A)  Ownership risk 
B)  Bargaining risk 
C)  Operational risk 
D)  None of the above

Question 6

In order to draw Mercedes-Benz into the state, Alabama offered the carmaker exemption from taxation.

Accepted Answer

A) True 
 B)False

Question 7

When a nation offers an attractive environment that is unmatched by others, its bargaining power is low.

Accepted Answer

A) True 
 B)False

Question 8

Political behavior is defined as "the acquisition, development, securing, and use of power in relation to other entities, where power is viewed as the capacity of social actors to overcome the resistance of other actors."

Accepted Answer

A) True 
 B)False

Question 9

Concerning the topic of FDI, an investment agency's main roles are to solicit potential investors, weigh project feasibility, and to determine, provide, and administer incentives.

Accepted Answer

A) True 
 B)False

Question 10

Legal jurisdiction is often easy to determine in international business.

Accepted Answer

A) True 
 B)False

Question 11

Operational risks include any change to the "rule of the game" under which the foreign firm operates.

Accepted Answer

A) True 
 B)False

Question 12

Three models used to analyze government-MNE relationships are Sovereignty at Bay, Dependency, and Neo-Mercantilism.

Accepted Answer

A) True 
 B)False

Question 13

An MNE strives to do which of the following

Accepted Answer

A)  remove limits on foreign ownership. 
B)  reduce mandatory requirements for product or service adaptation. 
C)  obtain legitimacy and acceptance. 
D)  all of the above. 
A)  remove limits on foreign ownership. 
B)  reduce mandatory requirements for product or service adaptation. 
C)  obtain legitimacy and acceptance. 
D)  all of the above.

Question 14

Local government objectives of the MNE are protecting national interests, protecting their environment, and protecting the company's interests.

Accepted Answer

A) True 
 B)False

Question 15

Jurisdictional issues are much more complex in the context of international business then in domestic business.

Accepted Answer

A) True 
 B)False

Question 16

Which of the following is NOT considered a type of political risk?

Accepted Answer

A)  public perspective 
B)  operational 
C)  transfer 
D)  ownership 
A)  public perspective 
B)  operational 
C)  transfer 
D)  ownership

Question 17

Competition reflects bargaining or control and related conflicts with the government and the MNE, each seeking private gains at the expense of the other's interests.

Accepted Answer

A) True 
 B)False

Question 18

What are the strategies for managing political risk?

Accepted Answer

A)  reduce exposure by utilizing host country financing 
B)  accelerate profit repartition 
C)  develop a staggered technology transfer policy 
D)  all of the above 
A)  reduce exposure by utilizing host country financing 
B)  accelerate profit repartition 
C)  develop a staggered technology transfer policy 
D)  all of the above

Question 19

________________ between nations reflects how closely aligned, or estranged, nations are based on history and political reality, which is an important determinant of international business relations.

Accepted Answer

A)  Affinity 
B)  Animosity 
C)  Geopolitics 
D)  both A and B 
A)  Affinity 
B)  Animosity 
C)  Geopolitics 
D)  both A and B

Question 20

The various ways to measure the risk can be roughly classified into five categories. Which of the following is not part of the five categories?

Accepted Answer

A)  Scenario Approach 
B)  Qualitative Approach 
C)  Risk Approach 
D)  None of the above 
A)  Scenario Approach 
B)  Qualitative Approach 
C)  Risk Approach 
D)  None of the above

In___________, provincial governments play a substantial role in trade and investment regulation.

Most patent systems outside __________ operate on first to file rather then the first to invent principle.

The importance of political risk creates demand for its assessment. The various ways to measure the risk can be roughly classified into which of the following categories

Three international treaties govern patent protection.

______________ represents a threat to the current ownership structure or to the ability of the MNE to select or shift to a given governance structure.

In order to draw Mercedes-Benz into the state, Alabama offered the carmaker exemption from taxation.

When a nation offers an attractive environment that is unmatched by others, its bargaining power is low.

Political behavior is defined as "the acquisition, development, securing, and use of power in relation to other entities, where power is viewed as the capacity of social actors to overcome the resistance of other actors."

Concerning the topic of FDI, an investment agency's main roles are to solicit potential investors, weigh project feasibility, and to determine, provide, and administer incentives.

Legal jurisdiction is often easy to determine in international business.

Operational risks include any change to the "rule of the game" under which the foreign firm operates.

Three models used to analyze government-MNE relationships are Sovereignty at Bay, Dependency, and Neo-Mercantilism.

An MNE strives to do which of the following

Local government objectives of the MNE are protecting national interests, protecting their environment, and protecting the company's interests.

Jurisdictional issues are much more complex in the context of international business then in domestic business.

Which of the following is NOT considered a type of political risk?

Competition reflects bargaining or control and related conflicts with the government and the MNE, each seeking private gains at the expense of the other's interests.

What are the strategies for managing political risk?

________________ between nations reflects how closely aligned, or estranged, nations are based on history and political reality, which is an important determinant of international business relations.

The various ways to measure the risk can be roughly classified into five categories. Which of the following is not part of the five categories?

International Business in an Age of Globalization

International Trade Theory and Application

Foreign Direct Investment Theory and Application

The Multinational Enterprise

Country Competitiveness

The Cultural Environment

International Economic Integration and Institutions

The International Monetary System and Financial Markets

International Entry Strategies

Mne Organization Structure and Design

Building and Managing Global Strategic Alliances Gsas

Managing Global Research and Development Rd

Financial Management for Global Operations

International Accounting for Global Operations

Global Marketing and Supply Chain

Global Human Resource Management

Internet and Global E-Commerce

Social Responsibility and Corruption in the Global Marketplace

International Entrepreneurship

Filters

Exam 7: The Political and Legal Environment

In___________, provincial governments play a substantial role in trade and investment regulation.

Most patent systems outside __________ operate on first to file rather then the first to invent principle.

The importance of political risk creates demand for its assessment. The various ways to measure the risk can be roughly classified into which of the following categories

Three international treaties govern patent protection.

______________ represents a threat to the current ownership structure or to the ability of the MNE to select or shift to a given governance structure.

In order to draw Mercedes-Benz into the state, Alabama offered the carmaker exemption from taxation.

When a nation offers an attractive environment that is unmatched by others, its bargaining power is low.

Political behavior is defined as "the acquisition, development, securing, and use of power in relation to other entities, where power is viewed as the capacity of social actors to overcome the resistance of other actors."

Concerning the topic of FDI, an investment agency's main roles are to solicit potential investors, weigh project feasibility, and to determine, provide, and administer incentives.

Legal jurisdiction is often easy to determine in international business.

Operational risks include any change to the "rule of the game" under which the foreign firm operates.

Three models used to analyze government-MNE relationships are Sovereignty at Bay, Dependency, and Neo-Mercantilism.

An MNE strives to do which of the following

Local government objectives of the MNE are protecting national interests, protecting their environment, and protecting the company's interests.

Jurisdictional issues are much more complex in the context of international business then in domestic business.

Which of the following is NOT considered a type of political risk?

Competition reflects bargaining or control and related conflicts with the government and the MNE, each seeking private gains at the expense of the other's interests.

What are the strategies for managing political risk?

________________ between nations reflects how closely aligned, or estranged, nations are based on history and political reality, which is an important determinant of international business relations.

The various ways to measure the risk can be roughly classified into five categories. Which of the following is not part of the five categories?

International Business in an Age of Globalization

International Trade Theory and Application

Foreign Direct Investment Theory and Application

The Multinational Enterprise

Country Competitiveness

The Cultural Environment

International Economic Integration and Institutions

The International Monetary System and Financial Markets

International Entry Strategies

Mne Organization Structure and Design

Building and Managing Global Strategic Alliances Gsas

Managing Global Research and Development Rd

Financial Management for Global Operations

International Accounting for Global Operations

Global Marketing and Supply Chain

Global Human Resource Management

Internet and Global E-Commerce

Social Responsibility and Corruption in the Global Marketplace

International Entrepreneurship

Filters