Chapter 14 quiz

Chapter 14 quiz - Chapter 14 quiz Submitted by rjt5008 on...

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Chapter 14 quiz Submitted by rjt5008 on 4/25/2007 3:25:09 PM Points Awarded 6 Points Missed 4 Percentage 60% 1. When comparing the total cost of ownership from an international supplier to that of a domestic supplier, the international supplier’s: A. prices are carefully controlled by the U.S. government to prevent dumping. B. lower labor costs offset the high cost of inefficient equipment and processes. C. price will be higher if the U.S. dollar is strengthening on the exchange rate. D. lower labor costs are easily offset by additional shipping and insurance costs. E. lower labor rates must be considered in the context of productivity and quality. Points Earned: 0/1 Correct Answer: D Your Response: C 2. The United Nations Convention for the International Sale of Goods (CISG): A. is automatically applied if both nations have adopted the CISG, and there can be no exceptions. B. is automatically applied if both nations have adopted the CISG, unless another body of law is agreed upon in the contract. C. replaces the UCC as the worldwide body of law governing international buying. D.
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This note was uploaded on 10/21/2011 for the course TOM 434 taught by Professor Guyse during the Fall '09 term at Cal Poly Pomona.

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Chapter 14 quiz - Chapter 14 quiz Submitted by rjt5008 on...

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