BBB4M1 International Business Chapter 9 Review
9-1
1. K) In what 7 ways can the Canadian government assist Canadian businesses? (pg
274)
2. K) What are 5 ways that a business can lose because of Political risk? (pg 274)
3. C) Explain one of the 3 types of political systems. (pg 275)
4. I) From a Catholic/Christian perspective, what is the best political system? Explain.
(pg 275)
5. A) How could Canada turn the dispute with the US over Softwood Lumber into a
trade war? (pg 276-7)
6. A) Why is "Coca-colonization" a meaningful term? (pg 277)
9-2
7. C) Explain one of the 4 issues or areas or concern for Political Risk. (pg 280)
8. K) What 6 questions should a company ask itself to evaluate a country's Political
Risk? (pg 280-1)
9. K) What are 7 questions a Canadian company should research about the political
situation in host countries? (pg 281)
10. I) How could Canada be considered a country of Political Risk? Explain. (pg 274-5,
280-1)
11. A) What are the economic consequences of terrorism? Explain. (pg 282)
12. C) Explain one of the 5 types of laws a Canadian business would need to
understand about a host country. (pg 282-3)
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13. K) What are the 3 questions that an economic system allows a country to answer?
(pg 284)
14. C) Explain one of the 3 types of economic systems. (pg 284-5)
15. I) Why has no country in the world totally adapted a market economy? (pg 285-5)
16. I) From a Catholic/Christian perspective, what is the best economic system? Explain.
(pg 284-5)
17. A) How is Canada part of the global economy and able to provide global stability?
(pg 286-7)
18. C) Explain one of the 4 stages of the business cycle. (pg 288)
19. A) What stage of the business cycle is Canada in today? Explain. (pg 288)
20. K) What are 4 advantages to a common currency such as the "Euro?" (pg 291)
9-4
21. I) Why are government attempts to devalue or revalue the currency extremely
limited? (pg 293-4)
22. A) What groups of people prefer a low Canadian dollar compared to the American
dollar? Explain why. (pg 294)
23. C) Explain one of the 4 strategies to manage financial risk. (pg 295)
24. K) What are the 5 items on the checklist for evaluating the investment climate of a
foreign country? (pg 296)