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Nestlé is a company based in Switzerland with manufacturing plants in Colombia,Australia,Canada,Egypt,Kenya,and more than 90 other nations. What type of company is Nestlé an example of?


A) multidomestic global company  
B) multinational corporation  
C) ethnocentric organization  
D) acculturated corporation

E) B) and C)
F) A) and B)

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Briefly comment on the types of training that should be provided when managers go on international assignments in order to ensure the success of those managers. (Clarify,as well,to whom that training should be provided.)

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Managers should receive both language an...

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Government subsidies include mechanisms such as tariff adjustments,quotas,and import standards.

A) True
B) False

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Besides qualitative factors,which quantitative factors are relevant to firms seeking to open a foreign office or manufacturing location?


A) currency exchange rates,tariff and nontariff barriers,and transportation and labour costs  
B) quantifiable political risk,currency exchange rates,and transportation and labour costs  
C) transportation and labour costs,materials costs,and quantifiable political risk  
D) quantifiable political risk,tariff and nontariff barriers,and currency exchange rates

E) A) and B)
F) B) and C)

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Ford Motor Company owns and operates a $1.9 billion manufacturing plant in Brazil. Which method of organizing for global business has Ford used in Brazil?


A) joint venture  
B) strategic alliance  
C) cooperative contract  
D) wholly owned affiliate

E) B) and D)
F) B) and C)

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Foreign direct investment occurs when a company builds a new business or buys an existing business in a foreign country.

A) True
B) False

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What is the term for a direct tax on imported goods designed to make it more expensive to buy those goods,in hopes of reducing the volume of those imported goods in a given country?


A) tariff  
B) nontariff barrier  
C) trade roadblock  
D) boycott quota

E) A) and D)
F) B) and D)

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Which statement best describes an expatriate?


A) An expatriate claims dual citizenship. 
B) An expatriate lives and works outside of his or her own country  
C) An expatriate believes strongly in nationalization. 
D) An expatriate is unhappy with his or her present residence.

E) A) and D)
F) A) and C)

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The "Maharaja Mac" is an example of global consistency.

A) True
B) False

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Define foreign direct investment. Name one of the top eight countries with the largest direct foreign investment in Canada.

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Foreign direct investment is a method of...

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Key characteristics that predict adaptation to overseas assignments include having effective marital communication,a sense of humour,and respect for others' beliefs.?

A) True
B) False

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The General Agreement on Tariffs and Trade includes protections for trademarks,patents,and copyrights.

A) True
B) False

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T.I.P Ltd. was featured on the Discovery Channel for its ability to encapsulate very fragile natural items into a solid clear medium. After the Discovery Channel feature,T.I.P's customer base expanded beyond Canada. T.I.P started selling its products all over North America,Europe,Asia,and the Caribbean. What is T.I.P's expansion of sales to other countries an example of?


A) foreign direct investment  
B) franchising  
C) licensing  
D) exporting

E) C) and D)
F) A) and D)

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What are the basic provisions of the General Agreement on Tariffs and Trade (GATT)? Give three examples of how it benefits Canadian industries.

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During the 1990s,124 countries agreed to...

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