Lack of Knowledge of Foreign Customs Has Led Most Canadian

question 51

Multiple Choice

Lack of knowledge of foreign customs has led most Canadian companies doing business in Japan to select this form of international organization. What is it?

• A) Strategic alliances
• B) Licensing arrangements
• C) Independent agents
• D) Direct investments
• E) Branch offices

---

Definitions:

Active Stabilization Policy

Economic policies aimed at minimizing business cycle fluctuations through fiscal and monetary interventions by the government.

Money Supply

The total amount of money available in an economy at a particular time, including cash, coins, and balances held in checking and savings accounts.

Expected Price Level

This term represents the anticipated average price of goods and services in an economy over a certain period.

Potential GDP

The maximum possible level of output an economy can achieve when all resources are utilized efficiently, without causing inflation.