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International Business Study Set 6

Business

Quiz 7 :

Government Intervention and Regional Economic Integration

Quiz 7 :

Government Intervention and Regional Economic Integration

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Which of the following is an example of an offensive rationale for government intervention?
Free
Multiple Choice
Answer:

Answer:

D

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A quantitative restriction on specific imports from a specific country for a set period of time is referred to as ________.
Free
Multiple Choice
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Answer:

B

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Protectionist policies may also lead to ________.
Free
Multiple Choice
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Answer:

A

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Financing or other resources that a government grants to a firm or group of firms, to ensure their survival or success is referred to as a ________.
Multiple Choice
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Which of the following is an example of nontariff trade barrier?
Multiple Choice
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Governments impose offensive barriers to ________.
Multiple Choice
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A nontariff trade barrier is a government policy, regulation, or procedure that impedes trade through means other than explicit tariffs.
True False
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________ refers to a tax imposed on imported products, effectively increasing the cost of acquisition for the customer.
Multiple Choice
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________ is(are) at odds with free trade, the unrestricted flow of products, services, and capital across national borders.
Multiple Choice
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Which of the following statements is TRUE about protection of an infant industry?
Multiple Choice
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Offensive rationales for government intervention fall into two categories: national strategic priorities and increasing employment.
True False
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Which of the following situations is an example of country risk?
Multiple Choice
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Governments impose export controls for the purpose of ________.
Multiple Choice
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The Chinese government's policy of requiring foreign firms to enter the Chinese market via joint ventures is intended to ________.
Multiple Choice
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Which of the following is TRUE with regard to protectionism?
Multiple Choice
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Governments impose defensive barriers to ________.
Multiple Choice
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What type of tariff is assessed as a percentage of the value of the imported product?
Multiple Choice
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________ are checkpoints at the ports of entry in each country where government officials inspect imported products and levy tariffs.
Multiple Choice
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Protectionism refers to national economic policies designed to restrict free trade and protect domestic industries from foreign competition.
True False
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Imposing trade restrictions such as tariffs or quotas ________.
Multiple Choice
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