Question: 25. What is (are) KEY consideration (s) when deciding to bid on a project in a foreign country? a. The stability of the exchange rate.

25. What is (are) KEY consideration (s) when

25. What is (are) KEY consideration (s) when deciding to bid on a project in a foreign country? a. The stability of the exchange rate. b. National and local laws and regulations covering the proposed work. c. The currency you receive for your services and the currency you pay for supplies, labor, and subcontractors. d. A and c above. e. All the above. 26. What is the potential DOWNSIDE from foreign direct investments to host countries? a. Vulnerability to impacts of international financial crisis. b. Affordability of incentives/subsidies compared to estimated benefits. c. Inflation due to rise in wages and materials. d. A and b above. e. All the above. 27. What is(are) the latest challenge(s) to the business credibility of Latin American government and business enterprises? a. Indictments of the Presidents of Argentina, Brazil, and Peru and many other government officials on corruption charges. b. Failure of the Brazilian soccer team to win the World Cup 2014 and 2018. c. Recent admissions by Odebrecht officials of paying over $800 million in bribes to win contracts throughout Latin America. d. A and c above. e. B and c above. 28. What are some of the concerns about the way China's Government and Chinese companies conduct business? a. China manipulates the currency to keep the value of the Yuan low, giving Chinese companies cost advantages. b. Chinese companies acquire technologies using espionage (hacking), counterfeiting, and buying technology companies. c. Chinese state sponsored companies target foreign markets with low-cost products, capture market share, and drive foreign competitors out of business. d. A and b above. e. All the above

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