QUIZ Ch. 5

Categories of political risk listed by EIU (Economist Intelligence Unit) include all of the following except:

• A) war.

• B) cultural injustice.

• C) politically motivated violence.

• D) international disputes.

refers to governmental action to dispossess a foreign company or investor. Compensation is generally provided, often not in the "prompt, effective, and adequate" manner provided for by international standards.

• Nationalization

• Confiscation

• Expropriation
• Internationalization

A formal legal document that gives an inventor the exclusive right to make, use, and sell an invention for a specified period of time is known as a:

• patent.

• copyright.

• trademark.

• trade secret.

In accordance with GATT, new U.S. patents are granted for a period of years from the filing date.

• 20
• 15

• 10

• 25

Below are the characteristics of litigation as a conflict resolution alternative, except:

• A) Judge or jury will be the decision maker

• B) The decision is not legally binding

• C) The cost is relatively high

• D) The process is very formal

Is the potential TikTok deal nationalization?

• Yes

• No

• Depends