Practical 6

Question 1

Legal systems

Answer 1

• Common law
• Civil law
• Theocratic law
• Customary law
• Mixed system

Question 2

….. is a financial hub for SubSaharan Africa and a touristic destination

Answer 2

Mauritius

Question 3

…. IT IS EXPECTED TO BECOME THE MOST IMPORTANT REGION IN THE WORLD BY 2100, FOR IB OPPORTUNITIES

Answer 3

Africa

Question 4

Rule of Man:

Answer 4

ultimate power in the hands of one person and is the cornerstone of totalitarian governments.

Question 5

Rule of law

Answer 5

hallmark of democratic governments and holds that authority comes from written and transparent laws

Question 6

is china part of WTO

Answer 6

yes since 2001

Question 7

Intricacies of Chinese Political System:

Answer 7

• Political Ideology - Collectivism
• Economic Plan – Mix of Protection & Open to FDI
• Rule of Man – Central government vs regions

Question 8

Intricacies of Chinese Legal System

Answer 8

• Intellectual Property
• Financial Assets & Real Estate Property
• Commercial Contracts

Question 9

what is more important in china size or ability to adapt?

Answer 9

Ability to adapt
MC Donalds & Home depot failed

Question 10

Is there a strong trend of polarization in LATAM?

Answer 10

yes especially after the hard hit of covid.

Question 11

is china important fro latam countries and their trade?

Answer 11

Yeas, china is either most or second most important trading partner for several LATAM countries and Chinese FDIs have grown significantly