商务英语部分练习题keytoch04

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1、KeytoWebQuiz(CH04)1.Thecorrectansweris:DTariffs,ortaxesimposedbyanationonimportedgoodsExplanation:Manybarrierstotradedonotincludespecificmoney(taxes)tobepaidongoodsastheycomeintoacountry.Tariffsarethosebarriersinvolvingtaxes.2.Thecorrectansweris:BremovedmanytraderestrictionsbetweenCanada,Mexi

2、co,andtheU.S.Explanation:In1993,CongressratifiedNAFTAaftermuchdebatenationally.TheagreementincludedCanada,theU.S.,andMexicoandhascreatedthelargestfreetradezonewithcombinedeconomiesof6trilliondollarsand360millionconsumers.3.Thecorrectansweris:EanyoftheaboveExplanation:Dependingonacompany"sfina

3、ncialstrength，contactsoverseas,riskorientation,andanumberofotherfactors,numerouslegalarrangementscanbemadetoenterintoglobaltrade.Eachhastheiradvantagesanddisadvantages,dependingontheindividualorganization.4.Thecorrectansweris:BthenumberofjointventuresoperatingExplanation:Ajointventureisoneway

4、acompanymayenterintoglobaltradewithothercountries'companies.Althoughunderstandinghowforeigncompaniesfeelaboutjointventures,theexactnumberofthemoperatinginacountrymaynotbeasimportantasgatheringanoverallunderstandingofthepolitical,cultural,andeconomicenvironments.5.Thecorrectansweris:Aattractfo

5、reigndemandExplanation:Whenoverseasmarketsareeitherlesscompetitiveordemandforacompany"sproductswithintheU.S.hasdiminished,acompanymaylooktoengagingininternationalbusiness.6・Thecorrectansweris:ClaborExplanation:Manypartsoftheworldexperiencesignificantlylowerlaborcosts.Mexico,Asia,andEasternEur

6、opeareoftenattractivesitesforU・S.plantlocations.7.Thecorrectansweris:CthespotexchangerateExplanation:Businessescanhedgeeitherfuturepaymentsorfuturereceiptsbyusingforwardratestoavoidusingthespotexchangerateforthebuyingandsellingoffunds.8.Thecorrectansweris:DdiversifyinternationallyExplanation:

7、Downturnsinonecountrycanbeoffsetbydevelopingmarketsinseveralcountries.Thisaveragingtechniquecantemperbothnegativeandpositivefluetuations.9.Thecorrectansweris:DdailyExplanation:Asfirmspurchaseothercountties'currenciesinordertopurchasegoods,the