The main cost of monetary union is Question 26 options: The loss of national monetary and exchange rate policy independence Increased exchange rate uncertainty Lessened political intngration None of the above Prior to the 1870s, both gold and silver were used as international means of payment and the exchange rates among currencies were determined by either their gold or silver contents Question 27 options True False Balance of payments Question 28 options: is defined as the statistical rocord of a country's internacional transactions with the rest of the world poides information concerning the demand and supply of a country's currency in the foreign exchange markct can be used to evaluate the performance of a country in isternational ccomomic competition all of the above The Sarbanes-Oxley Act of 2002 Question 29 eptloes Has had the coesoquence that some foreign firms have de-listed in the U.S exchanges and listed their shares on the London Stock Exchange and other European exchanges Has increased the pace of foreign ms listing their shares in the U.S a) and b) are both true al of the above The board of directors may grant stock options to managers in order to: Question 30 opons xootive compenation costs aveid paying any nomal salary to executives aligs the intcrest of managers with that of sharehoilders seuc of the above Words: 1359 of sc FI F2