ITN'L MKTG Quiz 1 - part 2

Most U.S. companies do not do business in Cuba due to _____.

a long-standing trade embargo on Cuba.

Sovereignty is defined as _____.

complete control exercised within a given geographical area.

To support the local apparel industry, the Bulgarian government pays each Bulgarian apparel company US$1 for each piece of clothing that they export. This is an example of a(n) _____.

direct subsidy

The Nigerian government decided to host the All-Africa Games in 2003, despite the fact that building costs for a new stadium exceeded $340 million, twice what the government planned to spend on health care for one year. This action was motivated by the Nigerian government's interest in _____.

enhancing national prestige

A major goal of the European Union government is to provide full employment and increasing standard of living for its citizens by encouraging foreign investment in the EU and promoting EU exports in foreign markets. These actions are motivated by the EU government's interest in _____.

fostering national prosperity

Friends of the Earth Indonesia and other non-governmental organizations complained that Mobil Oil was complicit in human rights abuses that had occurred during the construction of its pipeline in the Ache province of Indonesia. They tried to pursue the Indonesian government to end their joint venture with Mobil Oil. These organizations are examples of _____ groups.

host country pressure

Government subsidies are most likely to be given to firms that _____.

increase national revenue through export sales.

Coke decided to abandon its Indian operations in the late seventies because of _____.

new ownership laws.

In the past, Iran and Venezuela have attempted to outlaw foreign brand names, requiring international marketers to establish names for their products in Persian and Spanish. These governments were interested in _____.

protecting cultural identity

In Australia, foreign ownership of television stations is limited to no more than 20 percent. It is feared that if a foreign country controlled the media, it could influence public opinion and national sovereignty. This regulation is motivated by the Australian government's interest in _____.

self-preservation