Question 1

Briefly describe the three main reasons for the spread of democracy across the world.

Accepted Answer

Three main reasons account for the sprea...

Question 2

It is more expensive to draw up contracts in a civil law jurisdiction.

Accepted Answer

A) True 
 B)False

Question 3

The Nobel Prize-winning economist Amartya Sen has argued that development should be viewed purely as an economic process and not as a political one.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following is a country that has been strongly influenced by social democracy?

Accepted Answer

A)  Cuba
B)  North Korea
C)  China
D)  IndiaE) B) and D)
F) A) and D)

Question 5

When firms do not wish to accept the rules of the CIGS,they usually rely on _____ to settle contract disputes.

Accepted Answer

A)  UN involvement
B)  arbitration
C)  local codes
D)  U.S.lawE) C) and D)
F) A) and B)

Question 6

The _____ of a country refers to the rules that regulate behavior,along with the processes by which the laws of a country are enforced and through which redress for grievances is obtained.

Accepted Answer

A)  political system
B)  administrative system
C)  economic system
D)  legal systemE) A) and B)
F) All of the above

Question 7

What is deregulation? Explain its role in privatization.

Accepted Answer

Deregulation involves removing legal res...

Question 8

In the context of common law,tradition refers to:

Accepted Answer

A)  the religious aspect in the law.
B)  the ways in which laws are applied in specific situations.
C)  the cases that have come before the courts in the past.
D)  a country's legal history.E) A) and C)
F) A) and D)

Question 9

A political system in which political power is monopolized by a party,group or individual that governs according to religious principles is referred to as:

Accepted Answer

A)  theocratic totalitarianism.
B)  communist totalitarianism.
C)  right-wing totalitarianism.
D)  tribal totalitarianism.E) B) and C)
F) B) and D)

Question 10

Alpha Incorporated has sought your opinion about the overall attractiveness of various countries as potential markets and investment sites.What would you tell them?

Accepted Answer

The overall attractiveness of a country ...

Question 11

The most widely practiced theocratic legal system in the modern world is:

Accepted Answer

A)  Christian law.
B)  Islamic law.
C)  Jewish law.
D)  Hindu law.E) C) and D)
F) B) and D)

Question 12

Largely,political systems that emphasize collectivism tend to be democratic,while political systems that place a high value on individualism tend to be totalitarian.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following is the world's freest economy according to the 2009 Heritage Foundation index?

Accepted Answer

A)  Hong Kong
B)  Japan
C)  France
D)  AustraliaE) B) and C)
F) A) and C)

Question 14

Property refers to a resource over which an individual or business holds a legal title.

Accepted Answer

A) True 
 B)False

Exam 2: National Differences in Political Economy

The Nobel Prize-winning economist Amartya Sen has argued that development should be viewed purely as an economic process and not as a political one.

Correct Answer
verified

Which of the following is the world's freest economy according to the 2009 Heritage Foundation index?

Correct Answer
verified

When firms do not wish to accept the rules of the CIGS,they usually rely on _____ to settle contract disputes.

Correct Answer
verified

Briefly describe the three main reasons for the spread of democracy across the world.

Correct Answer
verified
Three main reasons account for the sprea...
View Answer

The most widely practiced theocratic legal system in the modern world is:

Correct Answer
verified

Alpha Incorporated has sought your opinion about the overall attractiveness of various countries as potential markets and investment sites.What would you tell them?

Correct Answer
verified
The overall attractiveness of a country ...
View Answer

Largely,political systems that emphasize collectivism tend to be democratic,while political systems that place a high value on individualism tend to be totalitarian.

Correct Answer
verified

Which of the following is a country that has been strongly influenced by social democracy?

Correct Answer
verified

Property refers to a resource over which an individual or business holds a legal title.

Correct Answer
verified

A political system in which political power is monopolized by a party,group or individual that governs according to religious principles is referred to as:

Correct Answer
verified

In the context of common law,tradition refers to:

Correct Answer
verified

The _____ of a country refers to the rules that regulate behavior,along with the processes by which the laws of a country are enforced and through which redress for grievances is obtained.

Correct Answer
verified

What is deregulation? Explain its role in privatization.

Correct Answer
verified
Deregulation involves removing legal res...
View Answer

It is more expensive to draw up contracts in a civil law jurisdiction.

Correct Answer
verified

Exam 2: National Differences in Political Economy

The Nobel Prize-winning economist Amartya Sen has argued that development should be viewed purely as an economic process and not as a political one.

Correct AnswerverifiedShow Answer

Which of the following is the world's freest economy according to the 2009 Heritage Foundation index?

Correct AnswerverifiedShow Answer

When firms do not wish to accept the rules of the CIGS,they usually rely on _____ to settle contract disputes.

Correct AnswerverifiedShow Answer

Briefly describe the three main reasons for the spread of democracy across the world.

Correct AnswerverifiedThree main reasons account for the sprea...View AnswerShow Answer

The most widely practiced theocratic legal system in the modern world is:

Correct AnswerverifiedShow Answer

Alpha Incorporated has sought your opinion about the overall attractiveness of various countries as potential markets and investment sites.What would you tell them?

Correct AnswerverifiedThe overall attractiveness of a country ...View AnswerShow Answer

Largely,political systems that emphasize collectivism tend to be democratic,while political systems that place a high value on individualism tend to be totalitarian.

Correct AnswerverifiedShow Answer

Which of the following is a country that has been strongly influenced by social democracy?

Correct AnswerverifiedShow Answer

Property refers to a resource over which an individual or business holds a legal title.

Correct AnswerverifiedShow Answer

A political system in which political power is monopolized by a party,group or individual that governs according to religious principles is referred to as:

Correct AnswerverifiedShow Answer

In the context of common law,tradition refers to:

Correct AnswerverifiedShow Answer

The _____ of a country refers to the rules that regulate behavior,along with the processes by which the laws of a country are enforced and through which redress for grievances is obtained.

Correct AnswerverifiedShow Answer

What is deregulation? Explain its role in privatization.

Correct AnswerverifiedDeregulation involves removing legal res...View AnswerShow Answer

It is more expensive to draw up contracts in a civil law jurisdiction.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Three main reasons account for the sprea...
View Answer

Correct Answer
verified

Correct Answer
verified
The overall attractiveness of a country ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Deregulation involves removing legal res...
View Answer

Correct Answer
verified