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BUSI 3250 EXAM 2 2024 MOST RECENT UPDATE [MOST TESTED QUESTIONS]COMPREHENSIVE QUESTIONS AND VERIFIED ANSWERS FINAL EXAM TEST GET IT CORRECT GRADE A+$0.00
[MOST TESTED QUESTIONS]COMPREHENSIVE
QUESTIONS AND VERIFIED ANSWERS FINAL EXAM
TEST GET IT CORRECT GRADE A+
Protect the economic activities of citizens. Unfair competition is
minimized through - (correct answer) national laws,
negotiations between governments, efforts of institutions like
World Bank
unlawful acts of violence committed for a wide variety of
reasons - (correct answer) terrorism
What provides a source of operating funds for terrorists? -
(correct answer) Kidnapping
hijacking and kidnapping on the seas - (correct answer)
Piracy
,any illegal Internet-mediated activity that takes place in
electronic networks - (correct answer) Cybercrime
North Korea tries to hack Pfizer for COVID data is an example
of? - (correct answer) Cybercrime
Nationalization is also called - (correct answer)
Expropriation
the taking of private property by a government to make it
public - (correct answer) Nationalization
US Government took over ownership of what company during
crisis of 2008-2009? - (correct answer) GM
the selling of government owned property to the private sector
to gain more efficiency in business operations, to raise money
or to change in political climate/philosophy - (correct answer)
Privatization (why governments sell businesses)
What are four areas of increasing concern to governments? -
(correct answer) protection from terrorism, piracy,
kidnapping, cybercrime and other threats
, Country Risk Assessment - (correct answer) An assessment
of a country's economic situation and politics to determine how
much risk to employees, property, and investment exists for
the firm doing business there
6 reasons for restricting trade - (correct answer) Provide for
National Defense, Impose Sanctions, Protect an Infant or Dying
Industry, Protect Domestic Jobs, Ensure Fair Competition,
Retaliate
While trade is promoted - in 1982 ag tariffs averaged _______%
- in comparison manufactured good tariffs=____% - (correct
answer) 62%; 4%
Reasons to restrict trade to provide for national defense -
(correct answer) -Certain industries need protection from
imports because they are vital to security
-economists say this is a weak argument
Reasons to restrict trade to impose sanctions - (correct
answer) -Inflict economic damage, punish, or encourage
change of behavior
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