Question 41 2 out of 2 points ownership risk is

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Question 41 2 out of 2 pointsOwnership risk is defined as the risk of loss resulting from inadequate or failed internal process, people and systems or from external events.
Question 42 2 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 43 2 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 44 2 out of 2 pointsGovernments design (_________), which they normally impose as a (________) percentage of the value of imports, to discriminate against selected imports by raising the price of imports relative to domestic prices for the same products.
Question 45 2 out of 2 pointsGovernments use quotas, also known as quantitative restrictions, to limit the quantity of imports allowed into a nation.
Question 46 2 out of 2 pointsIn a common law system an (_______) approach is used to investigate and adjudicate guiltor innocence.
Question 47 2 out of 2 pointsThe Foreign-Trade Zones (FTZ) program alleviates some of the costs associated with free trade in the rapidly increasing global economic environment.
Question 48 2 out of 2 pointsIn a market economy, the market is guided by a free price system rather than a planned economy controlled by the state.
Question 49 2 out of 2 pointsProperty can be classified as both (_______) and (__________).
Question 50 0 out of 2 points
The United States designated certain areas (___________) where commercial merchandise would receive the same customs treatment it would if it were outside the commerce of the United States.
Question 51 2 out of 2 pointsMany nations, most notably the U.S., are considered free market economies; however, no nation operates with a true free-market economy.
Question 52 2 out of 2 points(_________) are the main beneficiaries of trade, which also makes them the primary victim of (_________).
Question 53 2 out of 2 pointsA market economy is an economic system that allows for the simultaneous operation of publicly and privately owned enterprises.

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