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1. How is a Regulatory Agency created? Answer: 2.How many judges are there on the United States Supreme Court? What is their term of office?

1. How is a Regulatory Agency created?

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2.How many judges are there on the United States Supreme Court? What is their term of office?

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3.List five (5) regulatory agencies? Describe what each agency is responsible for doing?

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4.Describe the main components of Sherman and Clayton Acts, which are the two primary laws United States antitrust laws?

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5.How often is a Presidential election conducted in the US? Describe the election process?

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6.Describe the role of the "Cabinet" in the operation of the US government? List some of the members of the Cabinet?

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7.How many branches of government are there in the US? Name each of the branches? Describe the role of each branch?

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8. Which branch of government can overrule an administrative agency? What is the standard of review?

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9. What is E-Commerce?

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10. What are the advantages of E-Commerce?

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11. What are the disadvantages of E-Commerce?

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12. How does the E-Commerce transaction take place from the vendor and customer perspective?

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13. Provide examples of E-Commerce advertising? Which are the most effective tools of advertising? Explain.

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14. What percentage of consumers in China and US own a computer? A smart phone? Purchase products on the internet?

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15. Why are some people reluctant to engage in commerce on the internet?

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16. Describe the current status of Alibaba and Amazon? Market share? Valuation? Others?

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17. Approximately what percentage of US imports come from China? Approximately what percentage of China imports come from the US?

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18. Describe five (5) cultural differences between Chinese and US business negotiation styles?

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19. Describe the challenges facing a Chinese business engaging in commerce in the US?

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20. Describe the challenges facing a US business engaging in commerce in China?

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