Bus 321 Test 2
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1.

The "level playing field" argument is primarily used to justify government policies that The 12 member countries became known as the European Union when the what was signed in 1993. An absolute ban on the exporting and importing of goods to a particular destination According to public choice analysis, domestic trade policies that affect international business have a tendency to develop from Any government regulation policy, or procedure other than a tariff that has the effect of impeding international trade may be labeled Are common in key industries like broadcasting, utilities, air transpiration, defense contracting, and financial services As a result of trade agreements, many countries have replaced quotas with Boeing accused Airbus of violating international trade laws because

restrict foreign competition Treaty of Maastricht embargo

12.

A common market

2.

requires members to eliminate internal trade barriers, adopt a common external policy toward nonmembers, and eliminate barriers to the movement of the factors of production International strategic management

3.

13.

4.

Political goals

5.

nontariff barrier

A comprehensive and ongoing management planning process aimed at formulating and implementing strategies that enable a firm to compete effectively internationally Comprehensive frameworks for achieving a firm's fundamental goals Country X wants to stimulate exports. Which of the following would most likely help Country X achieve this goal? The cumulative effect of GATT in developed countries was A customs union

14.

international strategies

6.

Investment controls

15.

subsidies

7.

tariff rate quotas Airbus received lowcost loans from the foreign governments International price discrimination economies of scope
18. 16.

8.

substantial