Business subcultures would probably be very similar in

a. France, Egypt, and Chile.

b. the U.K., U.S.A., and Italy.

c. Argentina, Chile, and Venezuela.

d. none of the above

Of the following characteristics, the one that is not characteristic of a democratic system is that

a. individuals have the freedom to own and operate private businesses.

b. individuals can build a small business into a very large business.

c. the economy is usually a command economy.

d. individuals may travel freely to other countries.

Tariffs, quotas, and boycotts are examples of

a. civil unrest.

b. political unrest.

c. trade barriers.

d. none of the above

Protectionism policies such as tariffs and quotas are used because

a. the government wants to make it harder for companies in other countries to compete with local companies.

b. consumers need to be protected from inferior or hazardous products.

c. the country needs additional revenue.

d. none of the above

When countries join together to eliminate duties and other trade barriers, allow companies to invest freely in each other's country, and allow workers to move freely across borders, they are said to have

a. free-trade zones.

b. most favored nation status.

c. a free trade-agreement.

d. a common market.