1.

When it comes to the stability of government/politics, and to understand a country's attractiveness in

terms of market potential, it is important for an international marketer to do all of the following except:

Understand nationalism

2. When giving an example of democracy, ________________ is cited as the most common example.

The US

3.When attempting to understand government politics, we should understand that ________________

is /are directed toward a particular country and ________________ is/are directed generally to all
foreign countries.

targeted animosity, nationalism

4.A/an ___________________ is a form of government that is ruled by few.

Oligarchy

5.According to your slides, what political option for a country to implement against another country is
almost always unsuccessful?

Sanction

6.All of these are considered strategies to reduce political vulnerability and risk in taking a business
abroad except:

Sanction

7.When discussing the economic risks of a global business, implementing __________________ can help
control the cost of living for essential products like food, gas, pharmacy.

price controls

8.The Brookings Institute states that "The world’s most advanced economies are more the product of
avoiding or managing major crisis and conflict than of achieving periods of accelerated growth.”

True

9.No single, uniform international commercial law governing foreign business transactions exist.

True

10.------is/are a specific type of product labeling that certifies the environmental performance of a
specific product or service. Specifically, they are awarded to products and services that meet specific
environmental quality standards

Ecolabels

11.Which of the four heritages of law is based on tradition, practices, and precedents?

Common law
12.The ____________ states that is Illegal for companies to pay bribes to foreign officials, candidates, or
political parties.

Foreign Corrupt Practices Act of 1977

13.________________ involves not only the purchase and sales of organs, but also other elements
relating to the commercialization of organ transplantation

Transplant tourism

14.Which country had the most patent application in 2016?

China

15.____________ is the practice of registering and keeping a domain name to sell later at an inflated
price.

Cybersquatting

16.All of these are considered reasons to avoid litigation except

Fear of counterfeiting and piracy

17.___________ law is derived from Roman law

Code

18. Which is the best idea to include in a contract before a company becomes involved
internationally..... to help diminish the opportunity for international legal disputes to arise?

include jurisdictional clauses

19.The overriding objective of Islamic system is ____________.

social justice

20.Which country has the most lawyers per 100,000 people?

United States

21.All of these are considered international dispute resolutions except

Retribution

22.When discussing the legal environment, _____________ is one of the most valuable assets to a
company.

Intellectual property

23.In which of the four laws is the agreement binding?

common
24.When a government seizes an investment of a foreign investor but some reimbursement for the
assets is made. The government follow a process called:

Exchange controls

Local-contents law

Domesticatiom

Confiscation

Expropriation

25.In Thailand, it is required that any milk product sold in the country by a foreign company must use
the milk produced by Thai dairy farmers. Which of the following economic risks is faced by the
international producers of milk products in this situation?

Local content

26.In the context of International law, a____________ state is independent and free from all external
control

Legal

Liberal

Sovereign

Bounded

27. _______is an intense felling of state pride and uinity, an awakening of a country’s people to pride in
their country.

Polarism

Nepotism

Nationalism

Absolutism

Fascism

Bad data = _________________________________

Literacy issues

Bad decision making

Skepticism

Complex questions

_______________ is a key component in developing a successful marketing strategy to 1) avoid blunders

and 2) promote efficient exchange systems.

Consistency

Information

Class attendance

Secondary information

What two countries have the best data available/gathered.

US and Japan

Canada and Mexico

France and Germany

China and India

What country has the second largest cosmetics market in the Middle East?

Iran

Saudi Arabia

Israel

Bahrain

All of these are considered shortcomings faced by foreign marketers with regard to secondary data
except

reliability of data

availability of data

comparability of data

amount of data