The practice of regulating by setting uniform standards, strictly enforcing rules, and using penalties to force compliance is known as:

a) environmental tax reform.
b) cap and trade approach.
c) command-and-control regulation.
d) market incentive regulation.

Answer: c) command-and-control regulation.

Business

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Bureaucracy is listed as a political risk category by:

A) BERI (Business Environment Risk Intelligence). B) PRS Group. C) EIU (Economist Intelligence Unit). D) WTO (World Trade Organization). E) OPIC (Overseas Private Investment Corporation).

Business

The International Emergency Economic Powers Act of 1977 governs research-oriented information from being communicated to foreigners

Indicate whether the statement is true or false.

Business