MNCs are generally facing fluctuations in the currencies of the host countries. Please specify which of the following sectors that are producing goods will become more competitive in the wake of an appreciating local currency.

a. Imports and Export-competing goods b. Exports and Import-competing goods c. Imports and Import-competing goods d. Export goods e. More than one of these statements.

Which of the following is not a mechanism for establishing exchange rates?

a. Free float

b. Managed Float

c. Target Zone Arrangement

d. Stable-Rate System

e. International Parity Conditions

f. All are mechanisms for establishing exchange rates

From 1 January 2024, It was agreed by many nations (via the OECD) that they would establish a global minimum corporate effective tax rate of 15 percent for multinational companies with annual revenues of more than EUR750m.

Which major countries have declined to sign this global Agreement, (to date):

a. The US, the UK and Switzerland b. The US, Switzerland, Singapore and China c. The US and China d. The US, China and France e. None of these options