Title: Barriers to Trade
Course: Demo 1

Q: ________ is the language of international business.
- French
- Japanese
- English
A: English

Q: ________ is the system of shared beliefs, values, customs, and behaviors that govern the interactions of members of a society.
- Humanity
- Organization
- Culture
A: Culture

Q: Relying on translators and interpreters can put international businesspeople at a disadvantage because:
- it forces you to rely on other people’s interpretations of the messages you are getting, rather than making your own first-hand judgments
- it increases the likelihood of misreading the intentions of people you work with
- translators and interpreters generally cannot be trusted
A: it forces you to rely on other people’s interpretations of the messages you are getting, rather than making your own first-hand judgments; it increases the likelihood of misreading the intentions of people you work with

Q: In order to best navigate cultural differences in business, you should:
- invest in learning about the cultures in which you will do business
- treat each person as an individual
- use generalized cultural stereotypes to gain a broad understanding
A: invest in learning about the cultures in which you will do business; treat each person as an individual

Q: The Foreign Corrupt Practices Act:
- prohibits U.S. companies from paying bribes
- makes it difficult for U.S. companies to do business effectively in some countries
- prevents foreign companies from engaging in corrupt business practices
A: prohibits U.S. companies from paying bribes; makes it difficult for U.S. companies to do business effectively in some countries

Q: Even though English is the international language of business, language can present obstacles to effective international trade because:
- in many countries, only the best educated speak English, so it is still necessary to do business in the local language, especially for marketing purposes.
- it can be tricky to translate marketing messages so they are effective in the locally spoken language
- it is never desirable for an international company to attempt to do business in the local language
A: in many countries, only the best educated speak English, so it is still necessary to do business in the local language, especially for marketing purposes.; it can be tricky to translate marketing messages so they are effective in the locally spoken language

Q: When doing business in a high-context culture, which of the following activities would be particularly important?
- starting meetings promptly on time, every time
- avoiding conversations with business partners about their personal lives outside of business
- making an effort to get to know business partners as human beings, not just as businesspeople
A: making an effort to get to know business partners as human beings, not just as businesspeople

Q: If a country has a relatively low annual income per citizen:
- it is never an attractive place to do business because there is little opportunity to generate revenue from its people
- it is always an attractive place to do business because there is strong potential for growth
- it may be an attractive place to do business, depending on factors such as whether it has stable financial institutions and strong infrastructure
A: it may be an attractive place to do business, depending on factors such as whether it has stable financial institutions and strong infrastructure