QUESTION 2 The OECD Convention against bribery is an example of a(n) ________. bilateral agreement developed for the EU agreement that targets the demand side of bribery agreement that targets the supply side of bribery UN Convention dominated by developing countries 1 points

QUESTION 3 In terms of international business, it is most accurate to say that ________. there is a universal "best way" to conduct business global competition affects large companies but not small ones most firms depend either on foreign markets and supplies or compete against companies that do government regulation of international business has little effect on a company's profits 1 points

QUESTION 4 Tatum Manufacturing recently opened a new facility in Hong Kong. The firm can most likely expect the Hong Kong government to ________. monitor market prices control natural resources ensure fair competition provide innovation incentives 1 points

QUESTION 5 Most trade agreements contain countries in the same area of the world. Why is this so? The distances that goods need to travel between such countries are short. Distribution channels are not easily established in adjacent countries. Adjacent countries are reluctant to coordinate policies. Neighboring countries usually lack a common history and interests. 1 points

QUESTION 6 A problem of using the nation as a reference point for culture is that ________. nations fail to mediate the different interests within their boundaries self-stereotypes tend to fall along national lines such an approach tends to be polycentric variations tend to be great within a country (state)

1 points QUESTION 7 Why are options most likely so attractive to companies? The writer of the option does not charge the company any fee for writing the option. Options provide companies with more flexibility than a forward contract. Options are usually cheaper than forward contracts. Options can be used for only foreign-exchange deals.