Exam 2: An Overview of the International Marketing Environment

According to the World Bank, countries considered upper middle income countries have a GNI per capita of ___________________________________.

Argentina, Chile, and Mexico are examples of ______________________________ countries, according to the World Bank.

Which of the following legal systems is based on comprehensive written laws that specify what constitutes legal behavior?

Multinationals seeking TRIPS' (Trade-Related Aspects of Intellectual-Property Rights) protection around the world still depend on each country's patent office to grant those rights and their judicial, customs and police services to enforce them.

The Rostow model is a competing alternative for developing nations seeking to avoid domination by advanced market capitalist economies.

Which of the following systems of law is utilized by the largest number of countries?

It is unnecessary to include a jurisdictional clause in international contracts since jurisdiction is always established in the country of operation.

____________________ is a procedure that involves an independent third party binding decision - instead of litigation.

____ is the belief that buying foreign goods will put local companies out of business.

______________________________ is the belief that buying foreign goods will put local companies out of business and is, consequently, morally wrong.

Consumer ethnocentrism is the belief that buying foreign goods will put local companies out of business.

____________________ countries are highly industrialized countries which have strong industrial and service sectors.