Quiz Chapter 3 Version B

Quiz Chapter 3 Version B - Quiz Chapter 3 Version B MCQ:...

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Quiz Chapter 3 Version B MCQ: Q3-1. The president of the American Auto Parts Corporation recently testified before members of Congress, urging them to limit the flow of imported automobile parts into the United States. She contended that these imports were priced lower than the foreign producers were charging in their own countries. She believes these foreign producers are guilty of: A) dumping. B) reverse exporting. C) free trade. D) bilateral trade surplus. Q3-2. Pepsi Cola has entered into a long-term contract with a South African beverage business. The contract calls for the South African firm to produce and market Pepsi Cola in South Africa. Pepsi will receive a royalty on each case of soda sold. This is an example of: A) licensing. B) a joint venture. C) a foreign subsidiary. D) foreign direct investment. Q3-3. Ted is typical of many U.S. businesspersons. Ted feels the U.S. culture should be the model for the rest of the world, and that the "American way" of doing things is almost always the best. Ted is guilty of: A) xenoculturalism.
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Quiz Chapter 3 Version B - Quiz Chapter 3 Version B MCQ:...

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