1) The WTO may allow a country to retaliate by imposing trade sanctions on anoth

Question

1) The WTO may allow a country to retaliate by imposing trade sanctions on another country that violates trade regulations.

Select one:

True

False

2)

The book uses the example of Dell to illustrate

Select one:

a. the decline of trade and investment barriers

b. the implications for the globalization of production

c. the importance of the internet in multinational management

d. the role that microprocessors and telecommunications have in global transactions

3)

The WTO's main role is to punish countries that impose trade barriers such as tariffs.

Select one:

True

False

4)

According to the book, India's Software Sector has grown because of all of these factors except

Select one:

a. Indians are fluent in English

b. Indians can work while Americans sleep

c. Elite education system in India

d. Engineering talent

e. Labor costs

5)

A MNE has to have productive activities in at least one continent.

Select one:

True

False

Explanation / Answer

True: This can be possible

Although retaliation requires prior approval by the Dispute Settlement Body, however, action can be taken by another country in dispute

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