An increase in global trade will: a increase prices. b. decrease profitability. c. increase political instability. d. increase global competition. QUESTION 33 Socialism and communism are both considered what kind of economies? a. Market b.Command C. Equilibirum d. Monopolistic While speaking with his sales force, the director of sales explains, "Anyone caught violating a sales law will be fired." After studying business ethics, you recognize this remark as a reference to the firm's ethics, a. technology-based b.expense-based c. Integrity-based d.compliance-based QUESTION 35 The U.S. government has announced a 5 million pound annual limit on beef imported from Argentina. This type of trade restriction is an): a, embargo b. revenue tariff. c. import quota. d export ca. Question Completion Status: QUESTION 36 A major negative of foreign direct investment as a global strategy is that the company: has to spend a lot of money. a. ob.creates a potential competitor. must share its profits Oc. O d. loses control of its operations. QUESTION 37 A list of prices that retail stores pay wholesalers or manufacturers for their goods is called the: QUESTION 37 A list of prices that retail stores pay wholesalers or manufacturers for their goods is called the: a. Producer Price Index b. Consumer Price Index c. Unemployment rate Od. Market rate QUESTION 38 Which of the following is the best example of a business whose goal is to earn a profit? a. A community college b. The Salvation Army C. Best Buy. Inc d. Boy Scouts of America Question Completion Status: QUESTION 39 Which of the following is not one of the three elements of fraud discussed in class? a. rationalization b.opportunity Occheating od pressure QUESTION 40 Compared to partnerships and sole proprietorships, a major advantage of the corporation as a form of business ownership is that it: a. Qualifies for simplified tax treatment. b. Is easier and less expensive to form. oc. Creates unlimited liability for its owners. d. Has the ability to raise more money. Click Save and Submit to save and submit. Click Save All Answers to save all answers