11. The \"Most Favored Nation Principle\" requires da, an economy international
ID: 2802975 • Letter: 1
Question
11. The "Most Favored Nation Principle" requires da, an economy international trade, barring WTO-approved specifie e Merge xceptions, must: ge its finances and military systems with any nation in favors its trading partners Provide to all of its trading partners the-me terms-provides to e. Treat all Regional Trade Agreements (RTAs) the same. d. Appge to uns a common cumeney with those nations which have a similar any of foreign exchange rate. 12. Assume that the foreign exchange rate between the USS and the Euro changes from USSI-EUR 1.50 to US$1-EUR 1.25The USS would be said to be: S exports to the UK less expensive in the UK Rising (strengthening) relative to the Euro, making US exports to the UK more expensive in the UK Falling (weakening) relative to the Euro, making UK exports to the US more expensive in the US. Falling (weakening) relative to the Euro, making UK exports to the US less expensive in the US 13. Under the Foreign Corrupt Practices Act (FCPA), US firms are: Protected from lawsuits for paying bribes they are told are necessary to do business in a foreign country Protected from liability for Human Rights violations engaged in by their agents in foreign locations. Subject to legal sanctions in the US for paying bribes they may be told are required to do business in a foreign country b. e. d. Prohibited from engaging in business transactions with governments in 14. In intermational financing arrangements, the term, "Transaction Exposure" is: b. The difficulty involved in transacting the financial aspect of the deal underdeveloped countries. The potential effect of exchange rate fluctuations between the time the deal is agreed upon and the time the payment is made. a. because of language problems. The impact of foreign exchange rate fluctuations on the periodic financial reports of international companies All of the above are good descriptions of the term. c. d. 15. A company that has adopted an ethnocentric approach to managing its international operations is most likely to staff foreign operations with: a. Parent Country Nationals. b. Host Country Nationals. c. Third Country Nationals. d. Recent College Graduates.Explanation / Answer
Answer:
1. Providing all its trading partners the same terms as it provides to any other trading partners.
2. Weaking of US dollar as compared to Euro, making exports from U.K to U.S expensive to U.S.
3. Subject to legal sanctions in U.S for offering bribe to foreign nationals in obtaining business in foreign land.
4.Transaction Exposure is the potential effect of fluctuation in exchange rate from the time deal is finalised to the time payment is made.
5. Ethnocentric effect to international operation is likely to staff "parent country nationals" to foreign operations.
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