As a Result of This Government Action,we Would Expect That

question 56

Multiple Choice

As a result of this government action,we would expect that the price of glass produced by Crystal would

• A) fall steeply.
• B) fall slightly.
• C) stay about the same.
• D) rise.
• E) do any of the above, since government action may either raise or lower costs.

---

Definitions:

International Legal Environment

The complex framework of laws, regulations, and treaties that govern international business transactions and relations.

Precautions

Measures taken in advance to prevent potential dangers or problems.

Economic Espionage Act

A U.S. law that makes the theft or misappropriation of a trade secret a federal crime when intended to benefit a foreign government, foreign instrumentality, or foreign agent.

Trade Secrets

Confidential business information that provides an enterprise a competitive edge and is often not disclosed to the public.