Economic & Administrative Sciences School

International Business / Charles W.L. Hill 11th Edition

Part 2: National Differences
Chapter 2: National Differences in Political, Economic and Legal Systems
Questionnaire
658.049 H645i 2017
Jorge Ochoa

Opening Case: Corruption in Brazil:

1. State the main facts of the initial case of the chapter “Corruption in Brazil”.
Introduction:
2. What is political economy.
Political Systems:
3. What is a political system and
4. What are the 2 dimensions of political systems.
Collectivism & Individualism:
5. What is Collectivism.
6. What is Individualism.
7. What are the 2 central tenets of Individualism.
8. What is the relationship between collectivism and socialism.
9. What is socialism.
10. How is socialism classified.
11. What are the main characteristics of:
a. Communists.
b. Social Democrats.
12. What is privatization.
13. What are the main characteristics of individualism.
Democracy & Totalitarianism:
14. What is:
a. Democracy.
b. Totalitarianism.
15. What is:
a. Pure Democracy.
b. Representative Democracy.
16. State the four types of Totalitarianism.
17.What is:
a. Communist.
b. Theocratic.
c. Tribal.
d. Right wing.
 Totalitarianism.
Economic Systems:
18. State the 3 broad types of economic systems.
Market Economy:
19. What is a Market Economy.
Command Economy:
20. What is a Command Economy.
Mixed Economy:
21. What is a Mixed Economy.
Legal Systems:
22. What is a legal system.
Different Legal Systems:
23. What is:
a. Common law.
b. Civil law.
c. Theocratic law.
Differences in Contract Law:
24. What is:
a. Contract.
b. Contract law.
Property Rights & Corruption:
25. What is:
a. Property.
b. Property rights.
26. What is:
a. Private action.
b. Public action.
The Protection of Intellectual Property:
27. What is intellectual property.
28. What is:
a. Patent.
b. Copyright.
c. Trademark.
Product Safety & Product Liability:
29. What is product:
a. Safety laws.
b. Liability.
Focus on Managerial Implications: The Macro Environment Influences
Market Attractiveness
30. What are the 2 main implications forma managers of National
Differences in Political Economy.