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38.) What accounts for about two thirds of the value of all Russia's exports and one third of its revenue?
a. oil and natural gas
b. gold and uranium mining
c. fishing and grain farming
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- 31.) The Soviet Union collapsed because a. Europe stopped trading with it b. the United States defeated it in a war c. the separate republics wanted independanceQuestion 3 Like tariffs, quotas tend to lead to higher prices and reduced imports. increased government revenue. O increased consumer surplus. O All of these.2)Mr. Christopher Robins, a manager in mid-sized health care firm would most likely benefit from studying international business issues so that he can Select one: a. understand the legalities of importing and cxporting prociuicte ovensas. b. supervise and evaluate subordinates who have giobal assignments. c. better understand how foreign operations affect the companys competitive position. d. conduct better job interviews.
- For The Canadian Company Embridge choose a country that it exports to (do not chose the U.S.A.) Developan understanding of this foreign country’s trade partnership with Canada by answering the following questions.1. How significant is this country to Canada’s overall trade picture?2. Is it a risky market?3. Is there an imbalance in trade (imports/exports)?4. Is there something unique about doing business with this country?5. How is the country’s economy changing?Resources: Use www.cia.gov/the-world-factbook/ orhttps://wits.worldbank.org/CountrySnapshot/en/CANQuestion 10 Which statement is supported by the information in the table? Export and Import Table Canada United States Top Export Partners n Export Partner D United States United Kingdom Canada Mexico China Japan Percent of Exports 73.70% 4.20% 19.00% 13.30% 7.00% 4.50% Top Import Partners Import Partner United States China Mexico China Canada Mexico Japan Germany B The United States exports more goods to China than to Canada. Percent of Imports 49.50% Trade with China disrupts trade between the United States and Canada. 10.80% A Canada and the United States are each the chief exporting nation to the other. 5.50% 18.40% 14.20% 11.70% 5.80% 4.40% Canada imports more goods from the United States than it exports to the United States.4. Notice that there is little mention of the U.S. importing food or agriculture. What does that say about America’s farmers? 5. Why do so many of Mexico’s and Canada’s exports go to the U.S? What problems could that create for their economies?
- 4. Pricing foreign goodsHow does competition, whether domestic or foreign, harm businesses?8) Suppose the United States imposes a tariff or quota on sugar imports. For each of the following, enter the letter G ifit will gain from the tariff or quota or enter the letter L if it will lose from the tariff or quota.Domestic sugar producers and their workers _______Consumers _______Industries that use sugar and their workers _______9) _______________ are goods and services produced domestically but sold to other countries. _______________ are goods and services bought domestically but produced in other countries._______________ are taxes imposed by a government on imports of a good into a country. a,Tarrifs b, exports c,quotas D,Imports 10) Which of the following are non-tariff barriers to trade?National security grounds.Health and safety requirements.Embargoes.All of the above.
- ( ) 1. The lowering of trade and investment barriers: A. protects domestic industries from foreign competition. B. was not an agenda of the Uruguay Round. allows firms to base production at optimal locations outside their home country. C. D. creates an unfavorable environment for FDI. () 2. Which of the following is an advantage of choosing exporting as a mode of entry into foreign markets? A. A firm can avoid the cost of establishing manufacturing operations in the host country. B. A firm shares the development costs and risks with its host partner. C. A firm can earn returns from process technology skills countries where FDI is restricted. D. A firm has access to local partner's knowledge. ( )3. n which of the following modes of entry into foreign markets does a firm agree to set up an operating plant for a foreign client and hand over the plant when it is fully operational? Franchising agreement. B. Turnkey A. project C. Licensing agreement D. Wholly owned subsidiary ( )4. Which of…gnment Saved to this PC V n Layout References ens: On United States Search (Alt+Q) Mailings Review Don't renew MFN status with the Lewis Kingdom Renew MFN status with the Lewis Kingdom Accessibility: Investigate View Help Lewis Kingdom Impose trade sanctions against U.S. firms U.S. trade value - $65 b L.K. trade value - $75 b U.S. trade value - $35 b L.K. trade value- $285 b × (L.K.) Do not impose trade sanctions against U.S. firms U.S. trade value - $140 b L.K. trade value = $5 b U.S. trade value - $130 b L.K. trade value-$275 b a) Does the U.S. have a dominant strategy? Why or why not? b) Does the Lewis Kingdom have a dominant strategy? Why or why not? c) What is the Nash equilibrium in this game? d) Is this game a version of the prisoners' dilemma game? Why? [] monica D Focus41) A tariff is a tax imposed by a government on its own exports. T or F