Desafío de Estrategias Internacionales

Froggy Jumps

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Conceptos clave de comercio global

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Any Kiraforever

Mexico

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Desafío de Estrategias Internacionales


Froggy Jumps Desafío de Estrategias InternacionalesOnline version Conceptos clave de comercio global by Any Kiraforever 1 What term describes reductions in unit cost achieved by producing a large volume of a product? a Global standardization strategy b Economies of scale c Transnational strategy 2 Which strategy focuses on cost reductions from economies of scale, learning effects, and location economies? a Localization strategy b Global standardization strategy c Export tariff 3 Which strategy aims to tailor goods or services to match tastes in different national markets? a International strategy b Global standardization strategy c Localization strategy 4 Which strategy plans to transfer core competencies and leverage location economies while staying responsive locally? a Transnational strategy b International strategy c Export ban 5 Which strategy tries to create value by transferring core competencies to foreign markets lacking them? a Quota rent b International strategy c Voluntarily export restraint 6 Timing of entry refers to entering a foreign market early versus late relative to others. True or false? a Not applicable b False c True 7 What is a quota on trade imposed from the exporting country’s side called? a Export tariff b Voluntarily export restraint c Export ban 8 What is the extra profit producers make when supply is restricted by an import quota called? a Economies of scale b Export tariff c Quota rent 9 What policy imposes a tax on the export of a good? a Export tariff b Voluntarily export restraint c Export ban 10 What policy partially or entirely restricts the export of a good? a Quota rent b Export tariff c Export ban 11 What is a Local content requirement (LCR)? a A requirement that some fraction of a good be produced domestically b A tax on exports c A ban on inputs from abroad 12 Which policy punishes foreign firms that dump to protect domestic producers? a Antidumping policies b Export bans c Administrative trade policies 13 What do Administrative trade policies aim to do? a Encourage foreign investment only b Restrict imports or boost exports c Increase domestic taxes 14 Define Voluntary Export Restraint (VER). a A quota on trade imposed by the exporting country at the importing country’s request b A blanket import ban c A tax on imports 15 What is a quota rent? a Extra profit from limited supply due to an import quota b Bank profit from export credits c Administrative fee for quotas 16 What is an Export tariff? a A tax placed on the export of a good b A tax on domestic sales c A subsidy for exporters 17 What does an Export ban do? a Imposes a domestic production quota b Forbids domestic consumption of the good c Restricts the export of a good 18 Which policy requires some fraction of a good to be produced domestically? a Export tariff b Local content requirement (LCR) c Antidumping policy 19 Which policy is designed to restrict imports or boost exports and is typically bureaucratic? a Administrative trade policies b Voluntary export restraint c Export ban 20 Countervailing duties are used to counter what practice in international trade? a Antidumping duties b Tariff rate quotas c Export subsidies 21 Dumping is selling goods in a foreign market for less than what? a Their cost of production or fair market value b Export price set by regulator c Domestic market price 22 What does the Infant Industry Argument advocate? a Free market without restrictions b Permanent tariff protection c Temporary protection for new industries in developing countries 23 Government policy aimed at improving the competitive position of a domestic industry and/or domestic firm in the world market. a Ethical dilemmas b International monetary system c Strategic trade policy 24 What is the International monetary system? a Single global currency b Trade agreements only c Institutional arrangements to govern exchange rates 25 What characterizes a floating exchange rate? a Fixed by government decree b Pegged to gold c Exchange rate is continuously adjusted by supply and demand 26 A pegged exchange rate means the currency value is fixed relative to what? a Domestic inflation rate b A reference currency c Commodity price index 27 What describes a dirty-float or managed float system? a Currency floats but the government intervenes occasionally b Currency is fixed with no intervention c Currency peg to another economy 28 Ethical dilemmas in decision making refer to situations with what? a Clear lawful options b No ethically acceptable solution c Simple cost-benefit choices 29 Organizational culture refers to what within a company? a External market strategies b Values and norms shared by employees c Product lifecycle stages 30 What does cultural relativism assert about business ethics in multinational operations? a Only profit matters in ethics for multinationals b Ethics are universal and should not vary by culture c Ethics are culturally determined; firms should adopt host-country ethics 31 Who claims that a multinational should apply home-country ethics abroad? a Righteous moralist b Cultural relativist c Utilitarian ethicist 32 What does naive immoralist conclude about host-country practices? a Always adopt host-country norms b If locals are unethical, managers from elsewhere should not follow them c Always oppose unethical host-country norms 33 Utilitarian ethics judge actions by what? a Midelity to laws b Their consequences c Intentions alone 34 Kantian ethics say people should be treated as what? a Ends, not means to others’ ends b Only as customers c Means to ends 35 Rights theories focus on what core aspect? a Fundamental human rights and privileges b Corporate profits c Cultural traditions 36 What is the Universal Declaration of Human Rights? a UN document outlining basic human rights b A trade agreement c A regional law treaty 37 What does 'just distribution' refer to in ethics? a Fair and equitable distribution of goods and services b Random allocation of resources c Distribution by age only 38 What is free trade? a Tariffed, restricted exchanges b Absence of barriers to flow of goods and services across borders c Trade only within a country 39 What did GATT promote and lead to? a Global embargoes b Lower barriers to trade and the WTO formation c Increased tariffs

Desafío de Estrategias Internacionales

Froggy Jumps

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Desafío de Estrategias InternacionalesOnline version

by Any Kiraforever

What term describes reductions in unit cost achieved by producing a large volume of a product?

Which strategy focuses on cost reductions from economies of scale, learning effects, and location economies?

Which strategy aims to tailor goods or services to match tastes in different national markets?

Which strategy plans to transfer core competencies and leverage location economies while staying responsive locally?

Which strategy tries to create value by transferring core competencies to foreign markets lacking them?

Timing of entry refers to entering a foreign market early versus late relative to others. True or false?

What is a quota on trade imposed from the exporting country’s side called?

What is the extra profit producers make when supply is restricted by an import quota called?

What policy imposes a tax on the export of a good?

What policy partially or entirely restricts the export of a good?

What is a Local content requirement (LCR)?

Which policy punishes foreign firms that dump to protect domestic producers?

What do Administrative trade policies aim to do?

Define Voluntary Export Restraint (VER).

What is a quota rent?

What is an Export tariff?

What does an Export ban do?

Which policy requires some fraction of a good to be produced domestically?

Which policy is designed to restrict imports or boost exports and is typically bureaucratic?

Countervailing duties are used to counter what practice in international trade?

Dumping is selling goods in a foreign market for less than what?

What does the Infant Industry Argument advocate?

Government policy aimed at improving the competitive position of a domestic industry and/or domestic firm in the world market.

What is the International monetary system?

What characterizes a floating exchange rate?

A pegged exchange rate means the currency value is fixed relative to what?

What describes a dirty-float or managed float system?

Ethical dilemmas in decision making refer to situations with what?

Organizational culture refers to what within a company?

What does cultural relativism assert about business ethics in multinational operations?

Who claims that a multinational should apply home-country ethics abroad?

What does naive immoralist conclude about host-country practices?

Utilitarian ethics judge actions by what?

Kantian ethics say people should be treated as what?

Rights theories focus on what core aspect?

What is the Universal Declaration of Human Rights?

What does 'just distribution' refer to in ethics?

What is free trade?

What did GATT promote and lead to?