Pts 1 obj 05 3 type app top aacsb diversity tbe model

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PTS: 1 REF: 57-58 OBJ: 05-3 TYPE: App TOP: AACSB Diversity | TB&E Model International Perspective | TB&E Model Strategy 31. Who are the richest people in the world? a. Americans b. Chinese c. British d. French e. Luxembourgers ANS: E The residents of Luxembourg earn an average income of $56, 230.
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PTS: 1 REF: 58 OBJ: 05-3 TYPE: App TOP: AACSB Reflective Thinking | TB&E Model International Perspective | TB&E Model Strategy 32. The fact that Russia’s inflation rate has increased 15.1% since May of 2007 would be an important _____ factor for a company that wanted to do business in that country. PTS: 1 REF: 58 OBJ: 05-3 TYPE: App TOP: AACSB Reflective Thinking | TB&E Model International Perspective 33. A tax levied on the goods entering a country is called a(n): PTS: 1 REF: 59 OBJ: 05-3 TYPE: Def TOP: AACSB Reflective Thinking | TB&E Model International Perspective 34. Consumers purchasing an automobile in Hong Kong must pay a 100% tax on it. This tax is imposed by the government on all automobiles entering the country and is called a(n): PTS: 1 REF: 59 OBJ: 05-3 TYPE: App TOP: AACSB Reflective Thinking | TB&E Model International Perspective | TB&E Strategy 35. A(n) _____ is a limit on the amount of a specific product that can enter a country. a. quota b. tariff c. boycott d. exchange control e. transfer limit ANS: A This is the definition of a quota.
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PTS: 1 REF: 59 OBJ: 05-3 TYPE: Def TOP: AACSB Reflective Thinking | TB&E Model International Perspective 36. Since 1953, the United States has limited the amount of raw peanuts that can be imported to 1.7 mil- lion pounds a year. This is only about one-tenth of 1 percent of all domestic edible peanut consump- tion in the United States. This limitation is an example of a(n): PTS: 1 REF: 59 OBJ: 05-3 TYPE: App TOP: AACSB Reflective Thinking | TB&E Model International Perspective 37. An exclusion of all products from certain countries or companies by a government or group is called a(n): PTS: 1 REF: 59 OBJ: 05-3 TYPE: Def TOP: AACSB Reflective Thinking | TB&E Model International Perspective
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