Gatt to wto - Study guides, Revision notes & Summaries

• Globalization - answer-The trend toward increased cultural and economic connectedness between people, businesses, and organizations throughout the world. Global Institutions - answer-(1) -Help manage, regulate, and police the global marketplace. -Promote the establishment of multinational treaties to govern the global business system. - General Agreement on Tariffs and Trade (GATT), World Trade Organization (WTO), International Monetary Fund (IMF), World Bank, United Nations (UN). WT...

What did the Pax Americana do? correct answers established after WWII, created a liberal economic world order that allowed for various forms of capitalism and a wide variety of trade policies, meaning some states were more protectionist than others. What was the Great Depression? correct answers Global economic collapse that ensued following the US Wall Street stock market crash in October 1929. What is the Bretton Woods system? correct answers system of economic and financial accords that...

Why might a company consider expanding its supply chain internationally? A. To obtain access to lower-cost suppliers B. To take advantage of a skilled labor base in another country C. To support international expansion of sales D. To fend off competition from an international competitor E. All of the above - Answer-E. All of the above What dimension of the country assessment framework involves the strength of supply chain support businesses in the region?A.Competency B.Economy C.Politic...

Why might a company consider expanding its supply chain internationally? 1) To obtain access to lower-cost suppliers 2) To take advantage of a skilled labor base in another country 3) To support international expansion of sales 4) To fend off competition from an international competitor 5) All of the above - ANSWERall of the above What is the biggest cause of difficulties in working with another culture? 1) Language differences 2) Different ways of making decisions and approaching ...

characteristics of a nation state - territoriality, sovereignty, autonomy what is a nation state - fixed unites accepted by others, for example Gaza , Palestine, Isreal sovereignty definition - unqualified and exclusive legal authority, as well as a monopoly IGO's definition - intergovernmental organization, for example the United Nations main objectives of United Nations - maintain international peace and security, harmonize actions of nations, promote cooperation and human rights differ...

Bus 225 Chapter 7 The Legal Environment of international trade Focus Ans: Business practices of foreign firm including unfair trade practices such as antitrust and antidumping or violation of U.S Security practices - Working conditions of people in other countries Choice of Laws Ans: International Contract - law of seller's country/law of importer's country? - will govern. The contract will often identify the choice of laws. Arbitration Ans: Gives parties who agree to this, more c...

BUAD 331 1- Supply chain management has a widely accepted definition that does not vary substantially between countries. True False - correct answer False What type of company will likely work with international supply chains? Large multinational company Regional company Small business All of the above - correct answer All of the above Labor laws in the United States are generally seen to be more-friendly to the international worker than those in most other countries. True False...

Why might a company consider expanding its supply chain internationally? 1) To obtain access to lower-cost suppliers 2) To take advantage of a skilled labor base in another country 3) To support international expansion of sales 4) To fend off competition from an international competitor 5) All of the above - Answer-all of the above What is the biggest cause of difficulties in working with another culture? 1) Language differences 2) Different ways of making decisions and approaching busin...

Why might a company consider expanding its supply chain internationally? A. To obtain access to lower-cost suppliers B. To take advantage of a skilled labor base in another country C. To support international expansion of sales D. To fend off competition from an international competitor E. All of the above - Answer-E. All of the above What dimension of the country assessment framework involves the strength of supply chain support businesses in the region?A.Competency B.Economy C.Politic...

Why might a company consider expanding its supply chain internationally? A. To obtain access to lower-cost suppliers B. To take advantage of a skilled labor base in another country C. To support international expansion of sales D. To fend off competition from an international competitor E. All of the above - ANSWERE. All of the above What dimension of the country assessment framework involves the strength of supply chain support businesses in the region?A.Competency B.Economy C.Politic...