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Multiple Choice Quiz
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1
When communists take over a previously noncommunist country:
A)the government will take over private business.
B)payment for private property is negotiated.
C)foreign arbitrators determine fair amounts of payment.
D)only the public utility assets are seized.
2
Which among the following is not a characteristic of governments of developing countries?
A)They often profess and practice some degree of socialism.
B)They typically own and control most of the factors of production.
C)They would ideally not seek capital investment.
D)They experience shortages of capital, technology and skilled management and labor.
3
Privatization includes all of the following except:
A)ownership transfer from public to private sector.
B)contracted out services.
C)state-owned plants leased to private entities.
D)government agencies completely funding private owned companies.
4
Antiterrorist firms have been established to deal with terrorists who have kidnapped business executives. They recommend that the:
A)demanded ransom be paid quickly.
B)ransom never be paid.
C)employer do the negotiating.
D)negotiating be left to them.
5
Country risk assessment
A)is a service provided to business by country governments.
B)helps companies decide where to conduct business and for which risks to insure.
C)is the focus of econometricians.
D)indicates that there is very little regulation of businesses and professions.





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