1. Describe the ways in which governments and international bodies promote and regulate global trade (150 words)
2. Identify the questions to ask in choosing the appropriate form of ownership for a business (150 words)
3. You’re a partner in a U.S. engineering firm that’s interested in bidding on a water-treatment project in China. You know that firms from two other countries—Malaysia and Italy—will submit bids. The U.S. Foreign Corrupt Practices Act forbids you from making any payment to Chinese officials to enlist their help in getting the job. Unfortunately, the governments of Malaysia and Italy don’t prohibit local firms from offering bribes. Are you at a disadvantage? Should the Foreign Corrupt Practices Act be repealed? Why, or why not? (1page)
4. Because the United States has placed quotas on textile and apparel imports for the last thirty years, certain countries, such as China and India, have been able to export to the United States only as much clothing as their respective quotas permit. One effect of this policy was spreading textile and apparel manufacture around the world and preventing any single nation from dominating the world market. As a result, many developing countries, such as Vietnam, Cambodia, and Honduras, were able to enter the market and provide much-needed jobs for local workers. The rules, however, have changed: as of January 1, 2005, quotas on U.S. textile imports were eliminated, permitting U.S. companies to import textile supplies from any country they choose. In your opinion, what effect will the new U.S. policy have on each of the following groups: (1page)
· Firms that outsource the manufacture of their apparel
· Textile manufacturers and workers in the following countries:
• China• Indonesia• Mexico• United States
· 3. American consumers
...
1. Describe the difference between dry and wet acid deposition. Ho
1. Describe the ways in which governments and international bodi
1. 1. Describe the ways in which governments and international
bodies promote and regulate global trade (150 words)
2. Identify the questions to ask in choosing the appropriate form
of ownership for a business (150 words)
3. You’re a partner in a U.S. engineering firm that’s interested
in bidding on a water-treatment project in China. You know that
firms from two other countries—Malaysia and Italy—will
submit bids. The U.S. Foreign Corrupt Practices Act forbids you
from making any payment to Chinese officials to enlist their
help in getting the job. Unfortunately, the governments of
Malaysia and Italy don’t prohibit local firms from offering
bribes. Are you at a disadvantage? Should the Foreign Corrupt
Practices Act be repealed? Why, or why not? (1page)
4. Because the United States has placed quotas on textile and
apparel imports for the last thirty years, certain countries, such
as China and India, have been able to export to the United
States only as much clothing as their respective quotas permit.
One effect of this policy was spreading textile and apparel
manufacture around the world and preventing any single nation
from dominating the world market. As a result, many
developing countries, such as Vietnam, Cambodia, and
Honduras, were able to enter the market and provide much-
needed jobs for local workers. The rules, however, have
changed: as of January 1, 2005, quotas on U.S. textile imports
were eliminated, permitting U.S. companies to import textile
supplies from any country they choose. In your opinion, what
effect will the new U.S. policy have on each of the following
groups: (1page)
· Firms that outsource the manufacture of their apparel
· Textile manufacturers and workers in the following countries:
