Blanco, SA S.A

question 8

Multiple Choice

Blanco, S.A., a Chilean firm, and Ciao, Ltd.,, an Italian firm, enter into a contract that includes a clause designating the New York state courts as the forum for resolving disputes under the contract. A treaty that may support this clause is

• A) the Convention on the Choice of Court Agreement.
• B) the Convention on the Use of Electronic Communications in International Contracts.
• C) the Cyber-Crime Convention.
• D) the New York Arbitration Convention.

Understand the concept of cultural bumps and their value in cross-cultural learning.

Identify cultural perspectives on child-rearing practices.

Learn communication techniques for effective cross-cultural interaction.

Understand the relationship between cultural beliefs and practices in shaping individual and group behaviors.

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Definitions:

Shift

In economics, a change in the position of a demand or supply curve on a graph, indicating a change in the quantity demanded or supplied at every price.

Economic Growth

An increase in the production of goods and services over a specific period, often measured as the rate of increase in gross domestic product (GDP).

Shift

A change in the position of a demand or supply curve on a graph, indicating a change in the quantity demanded or supplied at any given price.

Capital Stock

The total amount of physical goods that are used for production of other goods and services.