PepsiCo entered into an agreement with the Indian government to provide training in farming techniques and return 40 percent of its profits from Indian operations to the government in order to obtain the right to do business in India. Describe all of the laws and principles of international law involved in this agreement
The Indian government is engaged in expropriation, but it is done in an up-front matter. That is, the U.S. company has agreed to these conditions as a means of obtaining the right to do business in India. In addition PepsiCo is trying to exercise social responsibility for the right to enter the country by agreeing to help with the advancement of farming and crops.
The contract would be governed by Indian law and would be enforced by the courts of India. However, there is substantial risk associated with such agreements because to the extent there is a change in political power, there could be changes in the agreement, including a change in the profit split.
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Consider Figure 6.3. In response to Iraq's armed invasion of neighboring countries, suppose the United States imposes a partial embargo that limits exports to Iraq to 10 computers. The export quota leads to a(n) ______________ in the price of computers equal to $______________ and a(n) ______________ in consumer surplus equal to $______________.
a. increase, $2,000, decrease, $40,000 b. increase, $4,000, decrease, $60,000 c. decrease, $2,000, increase, $40,000 d. decrease, $4,000, increase, $60,000
December, Inc. issued 4,000 shares of preferred stock for $240,000. The stock has a par value of $60 per share. Prepare the journal entry for this transaction. Omit explanation.
What will be an ideal response?
Which statement does not apply only to international research?
A) Local fieldwork agencies are unavailable in many countries. B) Local field workers can create an appropriate climate for the interview and be sensitive to the concerns of the respondents. C) A global approach to marketing research is desired, which may require using the same methodologies for studies conducted in the United States so that U.S. data can be compared to other countries. D) Interviewer cheating may be more of a problem in many foreign countries than in the United States.
Location planners use a site evaluation to determine how to design store layouts
Indicate whether the statement is true or false