Which of the following agencies is dedicated to helping U.S. business compete in a global marketplace?

Which of the following agencies is dedicated to helping U.S. business compete in a global marketplace?

A. Commodity Futures Trading Commission (CFTC)

B. The Federal Trade Commission (FTC)

C. The Small Business Administration (SBA)

D. The United States International Trade Commission (USITC)

E. The International Trade Administration (ITA)


Answer: E. The International Trade Administration (ITA)

Which of the following best describes the U.S. government's policy toward multinational corporations that are confronted with situations where bribery is an issue?

Which of the following best describes the U.S. government's policy toward multinational corporations that are confronted with situations where bribery is an issue?

A. A bribe may be paid as long as it is not a domestic situation.

B. It is justified if it is a documented traditional practice in a country.

C. A bribe can be paid in a foreign country if it is tied to national security.

D. It is illegal for a U.S. citizen to pay a bribe.

E. The issue revolves around the customs of the country and each issue is decided separately.


Answer: D. It is illegal for a U.S. citizen to pay a bribe.

Which of the following is the principle U.S. agency that supports U.S. business abroad?

Which of the following is the principle U.S. agency that supports U.S. business abroad?

A. State Department of Entrepreneurship

B. Better Business Bureau

C. Department of Commerce

D. Department of Foreign Relations

E. Department of Defense


Answer: C. Department of Commerce

Within the same country, some foreign businesses may fall prey to politically induced harassment, while others may be placed under a government umbrella of protection and preferential treatment. What explains this difference?

Within the same country, some foreign businesses may fall prey to politically induced harassment, while others may be placed under a government umbrella of protection and preferential treatment. What explains this difference?

A. The level of domestication achieved.

B. The host nation's relations with the business' home country.

C. The cultural differences between the host nation and the business' home country.

D. The amount of funds invested in the business.

E. The evaluation of a company's contribution to the nation's interest.


Answer: E. The evaluation of a company's contribution to the nation's interest.

Which of the following is the most important reason to encourage foreign investment?

Which of the following is the most important reason to encourage foreign investment?

A. Improve global image of the country.

B. Accelerate the development of an economy.

C. Evade political tensions between countries.

D. Minimize negative political fallouts within the domestic economy.

E. Improves ties between the investing country and the host country.


Answer: B. Accelerate the development of an economy.

Which of the following agencies underwrites trade and investments for U.S. firms?

Which of the following agencies underwrites trade and investments for U.S. firms?

A. Export-Import Bank

B. The Federal Trade Commission

C. The Agency for International Development

D. Social Security Advisory Board

E. The Overseas Private Investment Corporation


Answer: A. Export-Import Bank