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Satisfactory Essays

Chapters 9-12 Review

What is the tenet that China follows to ensure that Hong Kong’s exuberant capitalism is retained despite the communist leanings of mainland China?
Answers

Absolute plutocracy

Sovereignty of the provinces

Theocracy

Noninterventionist approach

One country, two systems

Which of the following is true of the CFTA?
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It was designed to eliminate trade barriers between the United States, Canada, and parts of Asia.

It created several, independent commercial markets for goods and services.

It was a customs union like the European Community.

It involved economic and political unions.

It provided only for the elimination of tariffs and other trade barriers …show more content…

common market.

regional cooperation for development (RCD).

customs union.

free trade area (FTA).

Political explanations of Japan’s crisis during the 1990s identified two villains. One of them was the powerful Japanese bureaucracy. Which of the following is the other one?
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Japan’s trade policies with the United States.

Japan’s refusal to join Asian trade blocs.

The powerful influence of the royalty in political issues.

The long entrenched Liberal Democratic political party.

The splintering of most of Japan’s right-wing political parties.

____ classifies a country 's stage of economic development on the basis of its level of industrialization into three categories and the three categories are MIDCs, LDCs, and LLDCs.
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The U.S. Department of Commerce

The North Atlantic Treaty Organization

The International Organization for Standardization

The United Nations

The World Trade Organization

The _____ has reduced or eliminated internal tariffs and adds a common external tariff on products imported from countries outside the group.
Answers

political union

common market

regional cooperation for development (RCD)

customs union

free trade area (FTA)

With respect to global marketing management, the argument for market

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