GMS 522 Chapter 4 Exam Questions with Latest Update
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Course
GMS522
Institution
GMS522
Political and legal - Answer-intertwined - law = political decisions, home/host country enviro
Government organization and political stability - Answer-dictatorship, oligarchy, democracy
Home country - Answer-Embargoes & sanctions, export controls, import controls, boycotts, regulations of fi...
GMS 522 Chapter 4 Exam Questions
with Latest Update
Political and legal - Answer-intertwined - law = political decisions, home/host country
enviro
Government organization and political stability - Answer-dictatorship, oligarchy,
democracy
Home country - Answer-Embargoes & sanctions, export controls, import controls,
boycotts, regulations of firm's international behavior)
Home country - Embargoes & sanctions - Answer-govt distort free trade (adversarial &
political ≠ econ
Sanctions - - Answer-UN CH7: limited - blood diamonds, comprehensive - only aid
Enforcing sanctions - Answer-co-exist unilaterally :( multilaterally :) / hard to agree
Impact of sanctions - Answer-loss of business/local export revenue (forecast)
Home country - Export controls - Answer-deny/delay strategic goods by adversaries
(Iran - nuke program) - ZTE - $1.4b fine (violating iran sanction) ban of US suppliers
(25-30%)
Home country - Import controls - Answer-restrictions on global marketers (most efficient
supply hard find)
Home country - Boycotts - Answer-firms refuse business, political (Disney-Mulan),
historical (China-Jap)
Home country - International business behavior - Answer-home regs (legal, moral,
ethical boundaries)
International business behavior - Bribery & corruption - Answer-way of life in many
countries (lubrication ≠ greed)
International business behavior - Corruption - Answer-the abuse of public office for
private gain - OECD (≠ value of advantage received / tolerant host country)
International business behavior - Problems with bribery and corruption - Answer-ethics
vs. needs, morality, <FDI
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