A Foreign Alliance Talk (Scenario)

question 90

Multiple Choice

A Foreign Alliance Talk (Scenario)
As manager of the international department for your company, you have been asked by the local Chamber of Commerce to deliver a speech on foreign trade. The chamber president even goes so far as to say "and be sure to include the EU, NAFTA, CAEU, GAFTA and all that stuff because we're afraid the economists are right all the good jobs will have to go elsewhere." As you pour over your notes, you try to choose the best information to present in the allotted half hour.
-You plan to explain during your talk that the acronyms EU, NAFTA, FTAA, GAFTA and ASEAN refer to ________.

• A) new multinational corporations
• B) soccer teams in Europe
• C) regional trade alliances
• D) foreign airlines

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Definitions:

Power Distance

A cultural dimension that describes how members of a society perceive and accept the distribution of power among individuals and institutions.

Full-time Work

Employment in which an individual works a minimum number of hours defined by their employer as full-time.

Social More

Unwritten rules or norms that are widely observed and are considered conducive to the welfare and continuity of a community.

Social Stigma

Refers to the disapproval of, or discrimination against, an individual or group based on perceivable social characteristics that serve to distinguish them from other members of a society.