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Economic Integration - Government Trade Collaboration - - correct answer 5 levels (order important) - as each level builds on the levels listed before): Free Trade Area (FTA) - e.g. NAFTA. Allows free movement of goods Customs Union - common external trade policy i.e. same duty rate amongst all members Common Market - Free movement of all factors of production i.e. free labor movement Economic Union - members utilize a common currency (Monetary Union/Currency Union) Political Uni...

A primary function of ________ is/are to anticipate the possibility of default or delay in payments by foreign borrowers. - correct answer country risk assessment Transfer pricing is an issue facing U.S. exporters: - correct answer only when selling to a related foreign buyer Which of the following is primarily responsible for regulating the export of non-military U.S. goods and technologies? - correct answer Bureau of Industry and Security Which of the following is a source of primary ...

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How does a company's domestic strategy impact its international strategy? - correct answer The international strategy will be based on a firm's competitive advantage and is an important starting point from which the international strategy is developed. Which of the following would be issues included with an international business plan? - correct answer SWOT, product selection, entry mode, sales and expense forecast What are some of the management and business plan implications relating t...

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