Scenario 3.1
Mini-PC is a Houston-based manufacturer of handheld computers.In response to high European demand, Mini-PC purchased Marstrand Electronics, a handheld computer manufacturer in Stockholm, Sweden.Mini-PC allowed the management of Marstrand to continue its functions rather than sending U.S.managers to oversee Swedish operations.Mini-PC decided to purchase Marstrand because virtually all Swedes speak English, value women's rights, and are predominantly Christian in religious beliefs.The Swedish workforce is about 80 percent unionized, in comparison to Mini-PC's nonunionized workforce.Sweden has a socialist approach to health benefits, which means higher personal taxes for workers but lower health benefits costs for employers.When comparing average national scores on Hofstede's dimensions of culture, the United States and Sweden are about the same in power distance and long-term orientation, but the United States scores higher than Sweden in individualism and uncertainty avoidance.
-Which of the following forms of trade control places a limit on the number or value of goods that can be traded?
A) Quota
B) Tariff
C) Common currency
D) Licensing
E) Strategic alliance

Question

Scenario 3.1
Mini-PC is a Houston-based manufacturer of handheld computers.In response to high European demand, Mini-PC purchased Marstrand Electronics, a handheld computer manufacturer in Stockholm, Sweden.Mini-PC allowed the management of Marstrand to continue its functions rather than sending U.S.managers to oversee Swedish operations.Mini-PC decided to purchase Marstrand because virtually all Swedes speak English, value women's rights, and are predominantly Christian in religious beliefs.The Swedish workforce is about 80 percent unionized, in comparison to Mini-PC's nonunionized workforce.Sweden has a socialist approach to health benefits, which means higher personal taxes for workers but lower health benefits costs for employers.When comparing average national scores on Hofstede's dimensions of culture, the United States and Sweden are about the same in power distance and long-term orientation, but the United States scores higher than Sweden in individualism and uncertainty avoidance.
-Which of the following forms of trade control places a limit on the number or value of goods that can be traded​?
A) ​Quota
B) ​Tariff
C) ​Common currency
D) ​Licensing
E) ​Strategic alliance

Quizplus · Accepted Answer

A quota places a limit on the number or value of goods that can be traded. This form of trade control is commonly used by governments to protect domestic industries from foreign competition by limiting the amount of imports that can enter the country. This is different from a tariff, which places a tax on imported goods, and a common currency, which is a form of monetary cooperation between countries. Licensing and strategic alliances are not forms of trade control.

Scenario 3.1 Mini-PC Is a Houston-Based Manufacturer of Handheld Computers.In Response to Response