BA10-Mod5Lect3 Notes - Module 5 Lecture 3 4/23 Global...

Info icon This preview shows pages 1–2. Sign up to view the full content.

Module 5 Lecture 3 4/23 Global Business & Entrepreneurship Review Questions What is the best description of the US business environment? A. Highly regulated free market economy B. A command economy C. Laissez faire D. Highly socialized capitalist economy The US legal system includes many different courts, civic and criminal, city, state, and federal. Which of the following is true? A. Overlapping jurisdictions can result in double jeopardy B. Often unclear whether a matter is federal or state C. There are mechanisms to hear a case in federal and state court at the same time by using two different juries in one courtroom D. Under the doctrine of pre-emption, legal cases fall clearly under one of the court systems o Mafia trials, 1 trial for all of them because same witnesses testify International Trade $12 billion imported and exported Increased rapidly over last 20 years o China open up economy o Mature economies rely on importation of energy o Outsourcing manufacturing What do we Trade?
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern