Question :
41. (p. 166) All of the following instances of how nationalism can be : 1242243
41. (p. 166) All of the following are instances of how nationalism can be manifested EXCEPT:
A. membership in bilateral trade treaties
B. call to buy our country’s products
C. restrictions on import
D. restrictive tariffs
E. focus on national security
42. (p. 166) The phrase “Buy American” would most closely be associated with which of the following?
A. Socialism
B. Jingoism
C. Nationalism
D. Mercantilism
E. Polarism
43. (p. 167) Which of the following is NOT true of nationalism?
A. Economic nationalism has as one of its central aims the preservation of national economic autonomy.
B. A call to “buy our country’s products only” is one form of manifestation of national feelings.
C. Nationalist feelings may lead to control over foreign investment.
D. The more a country’s domestic economy declines, the more nationalistic it becomes.
E. Nationalistic feelings are not prevalent in economically prosperous countries.
44. (p. 167) Sales of Japanese cars declined in the U.S. during the late 1980s and early 1990s owing to a phenomenon that was wrongly attributed to American nationalism. Which of the following was later identified as the properly defined problem?
A. Non-aggressive pricing strategy of the Japanese marketers
B. Technology that was not customized to American conditions
C. Americans’ fear of Japan
D. Customer reaction to sweatshops in Japanese industries
E. Higher import taxes imposed on Japanese cars
45. (p. 168) With respect to political risk that can be faced by a company seeking to invest abroad, which of the following presents the most severe political risk?
A. Confiscation
B. Expropriation
C. Domestication
D. Exchange controls
E. Local-content laws
46. (p. 168) The seizing of a company’s assets without payment is called:
A. confiscation.
B. expropriation.
C. domestication.
D. exchange controls.
E. local-content laws.
47. (p. 168) When a government seizes an investment of a foreign investor but some reimbursement for the assets is made, the government is following a process called:
A. confiscation.
B. expropriation.
C. domestication.
D. exchange controls.
E. local-content laws.
48. (p. 168) Often an expropriated investment becomes _____ (i.e., it becomes a government-run entity).
A. democratized
B. domesticated
C. nationalized
D. prioritized
E. socialized
49. (p. 168) _____ occurs when host countries gradually cause the transfer of foreign investment to national control and ownership through a series of government decrees by mandating ownership and greater national involvement in a company’s management.
A. Confiscation
B. Expropriation
C. Domestication
D. Exchange controls
E. Local-content laws
50. (p. 168) The government in Chile recently informed Clint Travis’ company that his retail grocery chain in Chile would have to be gradually turned over to the people of Chile by the year 2050. Additionally, starting next year fifty percent of the board of directors of the Chilean operation must be Chileans. Which of the following political risk actions is Mr. Travis facing in Chile?
A. Confiscation
B. Expropriation
C. Domestication
D. Nationalism
E. Dictatorship
