San Francisco State University

IBUS 330

Chapter 6

1)Islamic law is based on the_

2. Civil law is primarity legislative in origin and based on laws passed by national and local legislatures.

3. Common law is also known as code law                      

4. Which of the following is a typical complaint of host-country competitors aganist foreign firms?

5. World Conference (Scenario)

At a world conference to be conducted in Tokyo, representative from neatly every counteu in the world will gater to discuss issues related to international trade.

Respresentative, A is from a totalitarian state. Representative B is from a socialist nation. Representative Chails from a democratic society.

Representative C is most likely from                                 

6. Both Common law and civil law systems originated in                                    

7. Democracy is closely associated with openness                        

8. Common and Civil Law (Scenario)

Zane Computer Corporations is considering   the   possibility   of   building   a new     Zane’s legal experts must determine which system would be the most

beneficial to Zane in the long-term.

Which of the following statments supports Country B and Country A?

9. In a market economy, the government may interven to address the inequalited that market econmies sometimes produce                                                     

10. The Organistation for Economic Co-operation and Development (OECD) is

classified as a(n)                               

11. Expropriation is the term used to describe a host-country government seizing the assets of a foreign corporation and providing no compensation is return.                                                              

12. Which of the following best explains why india was once characterized by high country risk              

13. The world Bank is classified as a(n)                             .      

14. The immediate cause of country risk is a legal or political factor                          

15. of the five types of participants that are active in transforming political and legal system, the public sector is the most important                                                         

16.                is seizure of corporate assets with compensation.                 

17. Socialism is based on a collectivist ideology in which the collective welfare of the people is believed to outweigh the welfare of the individual.                                                              

18. Government agencies, institutions, and public officials influence the manner in which foreign firms conduct business.                                                              

19. Which form of government is characterized by private property rights and limited government?   

20. An individual from a country with a high degree of political risk would most likely be from  .              

21. A(n)                             is an official ban on exports to or imports from a particular country, in order to isolate it and punish its government.                                                          

22. Common law originated in the United States.               

23. Which of the following terms indicates a company's potential loss of profitability caused by a nation's political or legal setting?                                                                  

24.                              fundamental tenet capital and wealth should be vested in state and used primarily as a means of production rather than for profit.                                                        

25.                         are the people and organizations that support the political system and receive government resources.         

26. Which of the following terms refer to the application of home-country laws to persons or conduct outside national borders?                                                                 

27. Which of the following legal systems is based on legal precedents and past practices set by the nation's courts through interpretation of statutes, legislation, and past rulings?               

28. The protection of intellectual property rights is guaranteed and enforceable in every country in the world.

29.A democratic government seeks to control not only all economic and political matters but also the attitudes, values, and beliefs of the citizenry.                                                               

30. astitutions and public officials influence the manner in which foreign firms conduct business in command and mixed economies but not in free market economies                                                                   

31. The immediate cause of country risk is a legal or political factor.                       

32. Socialism is based on a collectivist ideology which assumes that the collective welfare of people outweighs the welfare of the individual.                                                  

33. Which of the following countries is considered a mixed economy?                             
34. Which of the following is a typical complaint of host-country competitors against foreign firms?

35. Which of the following would be the best way for a manager to learn about country risks in a host country?

36. Boycotts and protests have the potential to harm businesses by                                      .