When the European Union places restrictions on genetically modified crops because of the EU's concern for health, the U.S. government considers this policy as a form of
a. fair trade.
b. free trade.
c. protectionism.
d. competitive devaluation.
c
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A rollback election does which of the following?
A) Voters in nonschool district jurisdictions limit an increase in the property tax rate to no more than 8 percent. B) Voters in school district jurisdictions limit an increase in the property tax rate to no more than 8 percent. C) Voters in nonschool district and school jurisdictions limit an increase in the property tax rate to no more than 8 percent. D) The Texas constitution does not allow local governments to have roll back elections.
The United States Post Office is an example of a. an independent regulatory agency. b. a cabinet department
c. an independent executive agency. d. a government corporation.
According to Ghemawat, the North American Free Trade Agreement (NAFTA) reduced the "home bias," or ratio of domestic to international trade between the United States and Canada, to what level?
a. 5 to 1 b. 10 to 1 c. 20 to 1 d. 40 to 1 e. The trade bias was not reduced by NAFTA.
Which reason does Ghemawat list for the common practice of locating a physical business operation within a country's borders instead of providing cross-border operations?
a. the constraints of time zones b. the high cost of business travel c. the lack of network connectivity in most countries d. the desire for business to invest in foreign markets e. the low cost of building physical structures in developing countries