Question

Keenan worked in his company’s international office in Indonesia for many years. During his time there, political unrest caused many U.S. citizens, like Keenan, to have questions. What do governments put in place to represent their citizens in situations like this?

• legislatures

• justices

• acquisitions

• embassies

Japan has been one of China's largest sources of imports, along with South Korea and the United States. Because there is still political enmity between China and Japan due to the Japanese occupation of parts of China during World War II, the best explanation for the present Japanese trade relationship with China is

• common written language.

• geographical proximity.

• Asian interdependence.

• that only Japan manufactures to Chinese standards.

How does the Canadian Shield benefit or hurt Canada’s potential for international business?

• This is an indication of government protection in terms of lower export taxes.

• The topography associated with this area does not support populations which means it would cost companies more to manufacture there.

• This refers to a core group of five companies that dominate production in the country.

• This is a guarantee to all Canadian consumers that imports will be limited to enhance existing manufacturing efforts.

Hamlin Millworks is frustrated with the lobbyists who are currently trying to influence Congress to raise taxes for all corporations in the wood products industry. In the environment of Hamlin Millworks, these lobbyists are an example of

• controllable forces.

• uncontrollable forces.

• a foreign environment.

• a domestic environment.

Five years ago it cost Bernie’s Bikes Inc. about $52 dollars to build a single bike. Today, it only costs the company about $31 because they have automated the process and are able to purchase component parts in larger quantities.What allowed the company to reduce the price to build a bike?

		economies of scale
		trade deficit
		trade surplus
		product differentiation

Please answer all questions. Thank you.

Answer 1

1. Keenan worked in his company’s international office in Indonesia for many years. During his time there, political unrest caused many U.S. citizens, like Keenan, to have questions. Governments put in place embassies to represent their citizens in situations like this. A diplomatic mission or foreign mission also called embassy is a group of people from one state or an organization present in another state to represent the sending state/organization officially in the receiving state.

2. Japan has been one of China's largest sources of imports, along with South Korea and the United States. Because there is still political enmity between China and Japan due to the Japanese occupation of parts of China during World War II, the best explanation for the present Japanese trade relationship with China is geographic proximity.

3. The Canadian shield is a geographical area that majorly consists of metamorphic rocks and covers almost half of Canada. The area is rich in natural resources such as minerals like gold, silver, copper, but the topography associated with this area does not support populations which means it would cost companies more to manufacture there.

4. Hamlin Millworks is frustrated with the lobbyists who are currently trying to influence Congress to raise taxes for all corporations in the wood products industry. In the environment of Hamlin Millworks, these lobbyists are an example of uncontrollable forces.

5. Five years ago it cost Bernie’s Bikes Inc. about $52 dollars to build a single bike. Today, it only costs the company about $31 because they have automated the process and are able to purchase component parts in larger quantities. Economies of scale allowed the company to reduce the price to build the bike.