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Cassandre Gibson

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Cards in this guide (14)
Name three new business practices of global trade

Global trade involves business practices that cross international borders. Modern business practices may include multiple locations being used as well as telecommunication via teleconferencing.

What do banking regulations prohibit

Money laundering

What would be an example of a land-use law

A town zones an area for residential buildings only. This is an example of a land use law.

Environmental-protection laws can be bad for the economy because they may do what

Environmental-protection laws can be bad for the economy because they may increase unemployment.

Which is true about tariffs

They are paid on international trade only.

Sort the statements below into the correct order in which the federal budget is prepared

The president gives a proposed budget to Congress.

Congress decides on the details of the budget.

The president signs spending bills into law.

.

The Office of Management and Budget (OMB) and the president prepare a proposed budget.

Congress decides on the overall level of spending and taxation and passes specific spending bills.

The president signs various spending bills into law.

What does predatory pricing involve

A large company charging below its production cost in order to eliminate competition

What is an example of trade restriction

Tariffs and embargos are trade restrictions.

Which of these results from greater capital mobility

Increased foreign investment.

One drawback to consumers protection regulations is that they lead to what

higher prices

Which of the following is an example of expansionary fiscal policy

cutting taxes

Match each organization with its correct relationship to the government

A. Social security _ government agency

B. U.S. Postal Service _ government corporation

C. Boeing _ government contractor

Order to make up for a budget deficit the government can do what (Apex)

Issue bonds

Match each organization with the correct labels (apex)

Organization of Petroleum Exporting Countries competition regulator

Lockheed Martin Corporation government contractor

Antitrust Division of the Department of Justice cartel

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