8. From a contractor's perspective, what is the MOST important issue to resolve before signing a Public-Private Partnership agreement? a. Determine the capital cost estimate is correct. b. Determine the government's estimate of potential revenues is correct is the cash flow sufficient to cover construction, operations, maintenance, and financing costs. c. Secure financing for the project. d. Secure competent operation team to collect revenues. e. Establish a competent design and construction team to build project within budget and schedule. 9. What is NOT a general characteristic of Southeast Asia countries? a. Most have some measure of ethic and/or religious discord. b. Most have stable, democratic governments. c. Most are susceptible to extreme Acts of God" (natural disasters). d. Most have workers' wage rates that are highly competitive compared with China and South Korea. e. Most have low (poor) corruption transparency indexes. 10. Nationalization of foreign-owned industries in South America resulted in what of the following conditions (think Venezuela)? a. Reduction in foreign direct investment. b. Gradual deterioration of quantity and quality of factory and processing plant outputs. C. Reduction in earnings of foreign currencies through export trade. d. A and c above. e. All the above. 11. What types of management risks must you be prepared to encounter in conducting business in foreign countries that you would NOT normally experience in the US? a. Changes in exchange rates. b. Different interpretation of contract requirements. c. Inability of local workforce to use modern tools or techniques. d. A and b above. e. All the above