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Question 41 2 out of 2 points ownership risk is

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Question 412 out of 2 pointsOwnership risk is defined as the risk of loss resulting from inadequate or failed internalprocess, people and systems or from external events.
Question 422 out of 2 points(_____________) is based on the idea that changes in exchange rates should balance the priceof a basket of traded goods in a foreign country.
Question 432 out of 2 pointsIndustrial property rights give the creator an exclusive right over the use of his/her creation
for a certain period of time.
Question 442 out of 2 pointsGovernments design (_________), which they normally impose as a (________) percentageof the value of imports, to discriminate against selected imports by raising the price ofimports relative to domestic prices for the same products.
Question 452 out of 2 pointsGovernments use quotas, also known as quantitative restrictions, to limit the quantity ofimports allowed into a nation.
Question 462 out of 2 pointsIn a common law system an (_______) approach is used to investigate and adjudicate guiltor innocence.
Question 472 out of 2 pointsThe Foreign-Trade Zones (FTZ) program alleviates some of the costs associated with freetrade in the rapidly increasing global economic environment.
Question 482 out of 2 pointsIn a market economy, the market is guided by a free price system rather than a plannedeconomy controlled by the state.
Question 492 out of 2 pointsProperty can be classified as both (_______) and (__________).
Question 500 out of 2 points
The United States designated certain areas (___________) where commercial merchandisewould receive the same customs treatment it would if it were outside the commerce of theUnited States.
Question 512 out of 2 pointsMany nations, most notably the U.S., are considered free market economies; however, nonation operates with a true free-market economy.
Question 522 out of 2 points(_________) are the main beneficiaries of trade, which also makes them the primary victimof (_________).
Question 532 out of 2 pointsA market economy is an economic system that allows for the simultaneous operation ofpublicly and privately owned enterprises.

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Term
Fall
Professor
Romanoski

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