Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In export alternatives, merchants are differentiated from agents because merchants take title (own) goods they offer to the market. True False Countertrade: Oa. Means paying

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
In export alternatives, merchants are differentiated from agents because merchants take title (own) goods they offer to the market. True False Countertrade: Oa. Means paying for goods or services with other goods or services. Ob. Is an important part of international business because many . countries lack sufficient hard currency. Oc. May give the selling company the problem of disposing of goods they are not familiar with. d. May be the only way into a market. e. All the answers, a, b, cand d are true. All of the following are true about fixed exchange rates, except: Oa. Currencies are fixed in value to one another or to gold. Ob. Governments can't expand the money supply unless they acquire more gold. Oc. There is greater uncertainty in International business transactions. Od. Trade imbalances are automatically adjusted. Oe. The "gold standard" is one form of a fixed exchange rate system. Balance of Payments information is important because international managers can use it to assess the relative "economic health" of a nation. True False

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Personal Finance Version 3.1

Authors: Rachel S. Siegel

3rd Edition

1453334807, 978-1453334805

More Books

Students also viewed these Finance questions

Question

Explain the key components of an assessment center (AC).

Answered: 1 week ago