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- 1. Multiple Choice
________ is a possible negative effect of MNEs on the host county economy as a result of competition with host country’s local firms.
The loss of jobs
Lower prices
Increased product selection
Increase quality of products
- 2. Multiple Choice
A(n) _____ is a tax placed on a good that is traded internationally.
tariff
quota
export substitute
import substitute
- 3. Multiple Choice
The_______ proposes that tariffs be imposed on imported manufactured goods to give domestic firms temporary protection from foreign competition until they could fully establish themselves.
national defense argument
infant industry argument
industrial policy
maintenance of existing jobs
- 4. Multiple Choice
A(n) _____________ is a geographic area where imported or exported goods for investment receive preferential tariff treatment in Thailand.
duty free zone
special economic zone
fair trade zone
economic incentive zone
- 5. Multiple Choice
Government agents set the price of imported goods too high to prevent importation is called as _______________.
tied aid
subsidies
custom valuation
administrative delay
- 6. Multiple Choice
What is not a reason countries hold service restrictions?
Protect consumers from predatory behavior
To ensure that service practices meet the qualified standard.
Local people job loss protection
Some service sector should not be sold for profits.
- 7. Multiple Choice
What is not the benefit from locating manufacturers in special economic zone in Thailand?
Export money outside the country in the foreign currencies
Hold land ownership in the industrial estate
Export duty exemption
Direct loans and loan guarantees
- 8. Multiple Choice
Country government issues policies to promote and influence international trade is called as ______
fair trade
protecting trade
free trade
policy trade
- 9. Multiple Choice
What is not the reason to collect the tariff?
protecting the developing industry
Gain the country income
developing cross national collaboration
Creating trade bargaining tool
- 10. Multiple Choice
Thailand limits foreign ownership to 49%. Of which nontariff barrier is this an example?
currency controls
restricted access to distribution networks
quotas
investment controls
- 11. Open Ended
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