Homework answers / question archive / A(n) _____ consists of the principles, laws, and procedures relating to a particular form of government

A(n) _____ consists of the principles, laws, and procedures relating to a particular form of government

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A(n) _____ consists of the principles, laws, and procedures relating to a particular form of government. a)political system

b)social system

c)cultural system

d)economic system

2)In Lithuria, a country in Eastern Europe, personal liberties and rights are highly

valued. The citizens of Lithuria have the right to own property and decide how to use the

property. In Lithuria, the goals of the citizens and society are often congruent. The

government believes that a person pursuing his or her own self-interest most effectively

promotes the good of society as well. Given this information, it can be said that Lithuria

is governed by _____ philosophy.

a)individualistic

B)fascist

c)collectivistic

d)Communalist

3)David belongs to a faction of individualists who believe that individuals should be free

from any system of control. This faction believes that individuals should have the right to

govern themselves without the need of any system of government. Given this

information, it can be said that this faction is most likely a group of _____.

a)modernists

b)anarchists

c)capitalists

d)fascists4)Shankland, a country in South America, has a political orientation that focuses on

improving the welfare of all members of society. The government believes that people

should prioritize the good of society above the advancement of the individual. Given this

information, it can be said that Shankland has a(n) _____ political orientation.

a) fascist

b)anarchist

c)individualist

d)Collectivist

5)Like presidential democracies, in parliamentary democracies, _____.

a)a constitution outlines the separation of political power into branches

b)executive officers are elected through a common vote

c)the focus of government is promoting egalitarianism

d)the legislative branch chooses ministers who run the government

6)Tigeria, a country in East Africa, has an authoritarian government. Given this information,

it can be said that:

a)workers in Tigeria have the collective ownership of the factors of production and

goods and services are allocated to them according to their needs.

b)the government of Tigeria provides an opportunity to each eligible citizen to influence

policy through a direct voting process.

c)the government of Tigeria focuses on promoting egalitarianism and regulating

opportunistic individual behavior, rather than protecting individual property.

d)power is concentrated in the hands of a leader or a small group of leaders in Tigeria

who are not constitutionally responsible to citizens for their actions.7)NAD is a political group with extreme religious views. It is on the U.S. Department of

State's watch list. It is notorious for its acts of violence. It has been involved in suicide

bombings and public executions in various places around the world. Given this information,

it can be said that NAD is a(n) _____.

a)theocratic group

b)atheist group

c)anarchic organization

d)terrorist organization

8)Charesiak, a country in North Africa, has a collective form of government in which the

community as a whole owns the means of production and the distribution of production.

The government uses peaceful means to establish a communal society. Given this

information, it can be said that Charesiak is a(n) _____ state.

a)theocratic

b)communist

c)anarchic

d)socialist

9)Carmine Inc. is an American mining company operating in Keharus, a country in

Eastern Europe. Recently, the government of Keharus has passed a policy that restricts

foreign direct investment. Consequently, the operations of Carmine Inc. is adversely

affected. Given this information, it can be said that Carmine Inc. is subjected to _____ in

Keharus.

a)political risk

B)reputational risk

c)valuation risk

D)settlement risk

10)Argon Inc. is an Australian telecommunications company operating in Kimeria, a

country in West Asia. Recently, the government of Kimeria passed a legislation thatordered the confiscation of all telecommunications companies in Kimeria. This scenario

is an example of _____.

a)immigration

B)expropriation

c)deportation

d)repatriation

11)Prism Inc., a German athletic footwear company, had to close its manufacturing

plant in Nibellus, a country in East Asia, after a war broke between ethnic groups in

Nibellus. Given this information, it can be said that Prism Inc. was subjected to _____.

a)reputational risk

b)macro political risk

c)micro political risk

d)valuation risk

12)The government of Chiresia, a country in South America, maintains a fixed

exchange rate. This scenario is an example of _____.

a)deregulation

b)currency control

c)trade control

d)extremism

13)In comparison to direct effects, the indirect effects of political risk:

a)are the most apparent.

b)result from political actions that target a specific entity.

c)are similar to collateral damage.

d)are easy to predict and prepare for.14)Despite political unrest in Pusalk, a country in South Asia, Azure Inc., a Spanish

footwear company, wants to open a manufacturing plant in Pusalk, because of the

availability of cheap labor in the country. Azure Inc. can safeguard its interests in Pusalk

by:

a)purchasing risk insurance.

B)centralizing its operations.

c)transferring its ownership to the government of Pusalk.

d)deregulating the footwear industry.

15)_____ is a nongovernmental, U.S.-based watchdog and advocacy organization for

democracy founded in 1941.

a)Orange One

b)The Heritage Foundation

c)Freedom House

d)The Red Cross

16)Which of the following variables of economic freedom index in the Heritage

Foundation determines the extent to which the government of a country may interfere in

business processes?

a)Labor freedom

B)Fiscal freedom

c)Trade freedom

d)Investment freedom

17)Which of the following variables of economic freedom index in the Heritage

Foundation determines the degree of regulatory efficiency in a country?

a)Financial freedomb)Labor freedom

c)Investment freedom

d)Trade freedom

18)Cerise Inc., an American consumer electronics company, wants to expand its

business internationally. Kiara, a manager at Cerise Inc., believes that the company

should thoroughly understand the level of political freedom of a country before starting

operations there. However, Dylan, another manager at Cerise Inc., thinks that

conducting an analysis of the level of political freedom in a country might lead to

unnecessary expenses for the company. Which of the following statements supports

Kiara's belief?

a)A thorough understanding of the level of freedom can help Cerise Inc. form positive

relationships with local governments.

b)A thorough understanding of the level of freedom can help Cerise Inc. minimize its

operations expenses.

c)A thorough understanding of the level of freedom can help Cerise Inc. evade taxation

in foreign markets.

d)A thorough understanding of the level of freedom can help Cerise Inc. suppress

competitive pressures in politically unstable countries.

19)Harold, an economist, asserts that international businesses are likely to be

significantly affected by Great Britain's exit from the European Union. Which of the

following statements supports Harold's assertion?

a)The financial industry in Europe is likely to do business anywhere on the continent

and move employees around without worrying about visas.

b)The British are likely to find it difficult to move money, people, and products across

Europe.

c)London's position as a world financial center is likely to strengthen.

d)The refugee crisis in Europe is likely to worsen.20)The government of Lekistan, a country in West Asia, has 58% holdings of Olive Inc.,

an oil company. Olive Inc. gives some percentage of its profits to the government. Given

this information, it can be said that Olive Inc. is a _____.

a)joint venture firm

b)limited liability company

c)sole proprietorship company

d)partial state-owned enterprise