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ABM 170 Final Exam

Total questions: 23

Worksheet time: 45mins

Name
Class
Date
1.

Refers to both the powers exercised by a state in relation to other countries and the supreme powers to exercise over its own members

(a)  

2.

A strategy that some firms find eliminates almost all the risks is to license technology for a fee

(a)  

3.

lThis strategy becomes especially powerful if the banks have made loans to the host country; if the government threatens expropriation or other types of takeover, the financing bank has substantial power with the government

a)

Licensing

b)

Expanding the investment base

c)

Joint ventures

d)

Political vulnerability

4.

A ___________________ with locals helps minimize anti-MNC feelings, and a joint venture with another MNC adds the additional bargaining power of a third country

a)

licensing

b)

investment base

c)

joint ventures

d)

political vulnerability

5.

All are apporoaches to lessening political vulnerability except

a)

joint ventures

b)

tax ventures

c)

licensing

d)

political bargaining

6.

Is used to estimate the level  of risk a company is assuming when making an investment and to help determine the amount of risk it is prepared to accept

(a)  

7.

Stem from shortages of foreign exchange held by a country

a)

tax controls

b)

import controls

c)

import restrictions

d)

exchange controls

8.

Risks of ________________________ appear to have lessened over the last two decades because experience has shown that few of the desired benefits materialize after government takeover  

a)

domestication

b)

confiscation and expropriation

c)

political bargaining

d)

bribery

9.

The seizing of a company’s assets without payment

(a)  

10.

Where the government seizes investment but make some reimbursement for the assets

(a)  

11.

The preservation of national economic autonomy, in that residents identify their interests with the preservation of the sovereignty of the state in which they reside. In other words, national interest and security are more important than international relations

(a)  

12.

An intense feeling of national pride and unity, an awakening of a nation’s people to pride in their country

(a)  

13.

All are government types except

a)

Islamic Republic

b)

Military Junta

c)

Communist State

d)

Economist State

14.

Can also be perceived as a threat to sovereignty and thus become rallying cry by opposing factions

a)

export controls

b)

tax controls

c)

foreign investment

d)

political vulnerability

15.

Jurisdiction in International Legal Disputes which is the process of taking legal action)

(a)  

16.

If conciliation is not used or an agreement cannot be reached, the next step is (a)  

17.

Also known as mediation which is a nonbinding agreement between parties to resolve disputes by asking a third party to mediate differences

a)

arbitration

b)

conciliation

c)

litigation

d)

reconciliation

18.

Derived from the interpretation of the Qur’an and found in Pakistan, Iran, Saudi Arabia, and other Islamic states

a)

Hadith

b)

Shari'ah Law

c)

Islamic Law

d)

Islamic State

19.

All are bases for legal systems except

a)

Shari'ah Law

b)

Marxist-Socialist Tenets

c)

Military Junta

d)

Common law

20.

Derived from Roman law and found in Germany, Japan, France, and non-Islamic and non-Marxist countries

(a)  

21.

Explain the difference between the common and civil/code law

4 lines
22.

Why do you think people protest against a specific group/institution, or company?

4 lines
23.

Explain at least 3 approaches to Lessening Political Vulnerability

4 lines