summer quiz 2 - Quiz 2 MCQ: 1.Pepsi Cola has entered into a...

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Quiz 2 MCQ : 1.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. 2.The U.S. government has announced a 5 million-pound annual limit on beef imported from the country of Argentina. This type of trade restriction is called a(n): A) embargo. B) revenue tariff. C) import quota. D) Export cap. 3.Many countries use ________________ to protect their domestic industries against dumping and unfair foreign competition. A) Export limitations B) Global marketing C) Trade protectionism D) Import enhancements 4.When foreign firms build production facilities in the United States, they are engaging in: A) Exporting. B) Importing. C) Foreign direct investment. D) countertrading. 5.Which theory states that a nation should produce and sell goods to other countries that it produces most efficiently, and buy goods produced more efficiently by
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This note was uploaded on 01/29/2012 for the course BUSINESS A bus102 taught by Professor Samia during the Spring '11 term at MSA University.

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summer quiz 2 - Quiz 2 MCQ: 1.Pepsi Cola has entered into a...

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