The Maple Leaf Institute buys different educational support devices and resources from overseas and then sells them to schools in the United States. This situation best represents an example of

Multiple Choice

• countertrade.
• importing.
• expropriation.
• balance of trade.
• exporting.

What law made it illegal for employees of U.S. companies to make "questionable" or "dubious" contributions to political decision makers in foreign nations?

Multiple Choice

• Foreign Corrupt Practices Act
• the Hobbs Act
• the 1966 Anti-Bribery Act
• the Ethics Reform Act
• the Federal Election Campaign Act

Colata is traveling for business for the first time. After arriving, she feels overwhelmed by the different language and by some of the expectations in the workplace. Colata is most likely experiencing

Multiple Choice

• devaluation.
• cultural protectionism.
• expropriation.
• comparative diversity.
• culture shock.

Which of the following organizations would be best suited to assess the damage caused to a country by a tsunami or earthquake?

Multiple Choice

• International Monetary Fund
• Federal Reserve Bank
• World Bank
• European Union
• World Economic Union

Despite the fact that the United States has access to oil in different states, it is forced to import most of its oil. This example best reflects that the United States does not have

Multiple Choice

• self-sufficiency.
• a trade surplus.
• free trade.
• balance of trade.
• a comparative advantage.