Reference no: EM132106732

First, The United States uses ______ that restrict the number of peanuts that can be brought into the country. This practice helps to keep peanut prices high for U.S. producers. Second, a type of nontariff trade barrier, _____ involves putting specific products into groups of products with higher or lower tariffs and quotas. Third, the advantage of ____ is that it standardizes policies and procedures across all of a company’s locations, simplifying decision making. Fourth, 3M, a U.S. chemical company, entered into a _____ with Hoechst AG, a German life sciences company, to create Dyneon, a fluoropolymer manufacturer. Dyneon later became a wholly owned 3M subsidiary. Fifth, The Big Mac Index, published yearly by The Economist, is an indicator of ____ in different countries around the world. Lastly, power distance, individualism, and uncertainty avoidance are all part of a country’s ______.