Author Question: Which of the following offers a policy that insures companies against expropriation, ... (Read 21 times)

MGLQZ

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Which of the following offers a policy that insures companies against expropriation, nationalization, or confiscation by foreign governments?
 a. The Federal Reserve Bank
  b. Overseas Private Investment Corporation
  c. OPEC
  d. The Department of Commerce

Question 2

In the international selling context, the order taker
 a. Processes routine orders from the customer
  b. Is a local employee
  c. Has important initiatives
  d. All of the above



guyanai

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Answer to Question 1

B
The U. S. government insures companies against expropriation, nationalization, or confiscation through the Overseas Private Investment Corporation (OPIC). It does not cover the insurance through the Federal Reserve or the Department of Commerce. OPEC is a petroleum cartel and is not related to the topic.

Answer to Question 2

D
In the international selling context, the order taker, the individual who processes routine orders from the customer, is likely to be a local employee who is familiar with the local customs and culture. That does not mean that he has no initiative: He can make product suggestion and can persuade the buyer to buy a larger quantity of the product.



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