International Final Review
Due to the pressures of competition, companies do not have any social responsibility.
false
International business is any activity involving business operations that does not cross a nation's borders.
false
Professionals such as lawyers and doctors do not have codes of ethics.
false
Tariffs and taxes often are imposed by importing countries to counteract the effects of unfair pricing by the exporting countries.
false
Whether to obey company rules can be an ethical issue for individual employees.
true
A recession in Japan would not affect business activity in Europe.
false
A company that only conducts business in its home country is called a(n)
domestic company
A war would be an example of a political or legal factor affecting international business relationships.
true
During the 1920s, every car bought in Japan was made by a U.S. company.
true
Global trade has been going on for thousands of years.
true
Individual consumers participate in the global economy.
true