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60) One summit attendee pointed out that the total value of her country's products trade typically accounted for more than 100 percent of her nation's GDP. This attendee most likely represents ________.A) JapanB) United KingdomC) FranceD) NetherlandsAnswer: DDiff: 3 Page Ref: 4Skill: ConceptObjective: 1-2AACSB: Dynamics of the global economyOverseas Expansion (Scenario)Whittaker Semiconductors has recently decided to expand its operations overseas. Amanda Quan, Vice President of International Business, assigned a team of investigators to analyze the risks faced by the company in making this move. Of particular interest were the risks that might affect the success of a new production plant to be located in one of three potential countries.61) Philip Baxter reported on the risks associated with establishing the plant in Country A. The most significant risk, in his view, was posed by the government's complex bureaucratic structure.Philip reported the likelihood of significant administrative delays in opening the plant. The risk identified by Philip is an example of which of the following?A) country riskB) commercial riskC) currency riskD) cross-cultural riskAnswer: ADiff: 2 Page Ref: 8Skill: ApplicationObjective: 1-3AACSB: Dynamics of the global economy62) LeShaun Golding researched the risks linked to establishing the plant in Country B. He cited government intervention, lack of local managerial talent, and unethical business practices as the most prominent risks for this location. LeShaun noted all of the following types of risks except________.ADiff: 3 Page Ref: 8-9Skill: ApplicationObjective: 1-3AACSB: Dynamics of the global economyFor all chapters Contact [email protected]
63) Rosa Suarez reported on her analysis of cross-cultural risks involved with establishing the plant in Country C. Each of the following was most likely discussed in her report except________.D