A Lack of Trust Between Two Parties Engaged in International

question 75

Multiple Choice

A lack of trust between two parties engaged in international trade can be exacerbated by the

• A) saturation of the domestic market.
• B) similar preferences of the parties regarding how a transaction should be configured.
• C) narrowing distance between the two parties due to technological advances.
• D) problems of using an underdeveloped international legal system to enforce contractual obligations.
• E) possibility of doing business with someone with whom they have been associated for a long time.

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Definitions:

Surface-Level

Concerned with or limited to only the outward or superficial aspects of something.

Deep-Level

Pertaining to the underlying or more complex aspects of something, going beyond the surface level.

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires.

Awareness Of Others

The way we are aware (or unaware) of the feelings, behaviors, personalities, likes, and dislikes in other people.