Japanese Automobile Manufacturer Mazda Began Production of the Premacy Suv
Japanese automobile manufacturer Mazda began production of the Premacy SUV in Haikou, China, at a plant it built in the Chinese province and expected to make 20,000 autos in 3 years. Mazda is using which action to engage in global trading?
A) direct foreign investment
B) an international cooperative
C) a limited partnership
D) an international corporation
Which of the following is a form of trading arrangement in which part or all of the payment for purchased goods or services is in the form of other goods and services?
A) a countertrade
B) a counteroffer
C) a nonfinancial exchange
D) a counteraction
Pierre Cardin gives technical advice on textile manufacturing to China and in exchange receives silk and cashmere. This is an example of which of the following?
B) joint venture
Which of the following statements best describes dumping?
A) Dumping is legal provided that it is government subsidized.
B) Most industrialized nations have passed laws to make dumping illegal.
C) Canada has not been a victim of dumping.
D) Dumping is a form of export quota.