6. a b. c. d. Which of the following strategies could foreign firms use to mitigate political and legal risks originatin

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6. a b. c. d. Which of the following strategies could foreign firms use to mitigate political and legal risks originating from the host economy in which they operate? Accelerate profit repatriation. Develop a staggered technology transfer policy. Develop partnerships with local organizations. All of Above 7. a b. C. d. If the govemance system of China was to be positioned in the political spectrum it would be more accurately described as: Liberal democracy Theocracy Authoritarian Monarchy 8 8. b ന മ ധ നി Gross Domestic Product (GDP) per capita could be used as an individual and absolute measurement of living standards an individual and relative measurement of living standards a collective and absolute measurement of living standards Is a collective and relative measurement of living standards d . 9. a b. c. d. Which of the following is not an aspect of monetary policy? Exchange rates Interest rates Money supply Rates of taxation a b. c. d. 10. In a typical model of the circular flow of income in an economy, which of the following will constitute a direct injection of cash into the economy's firms? Government spending Taxes Wages and Salaries Household savings 11. Which of the following is not a stage in an economy's development according to the World Economic Forum: Factor driven Efficiency driven Investment driven a. b. c. d. Innovation driven
a. ه ه ه ه 12. During regional integration a common market allows The free movement of production factors b. The free movement of common production factors The free movement of common production d. Commons to move freely in the market sad 13. The benefits of doing business in a country are a function of all of the following EXCEPT: the size of the market. its present wealth. its past growth d. its future growth prospects. . b c 14. A free trade area is free for Moving production factors Intemal trade c. External trade d. Internal and external trade a. b. 15. For privatization to work, it must also be accompanied by: a. b. c. d. an increase in trade barriers and tariffs. an increase in governmentsubsidies. stronger barriers to foreign competition. a general deregulation of the economy. a. b. 16. Which of the following statements is true concerning multilateral and bilateral trade agreements? Make it easier for firms inside the agreement countries to enter and compete in the agreement markets Make it more difficult for firms inside the agreement countries to enter and compete in the agreement markets. Make it easier for firms inside the agreement countries to enter and compete in markets outside the agreement Make it more difficult for firms inside the agreement countries to enter and compete in markets outside the agreement. C. d.