The study of global finance enables an individual to understand the global economy. Understanding the global economy enables one to discover opportunities such as profitable investments, opportunities for business engagements and employment opportunities. * True False The imperfect markets theory states that the mobilization of goods and services are difficult or is not easy. In this case, firms take the opportunity of imposing lower prices on the goods and services they offer to widen their distribution and earn higher profit. * True False Sustained fiscal slippage indicates that the economy is in a stable condition which may result to a more efficient management of resources and more money for the government to spend. * True False Corporate ethics is a very important part of business operations. Investors are less likely to be attracted to firms that have strong corporate social responsibility. This increases investor trust and confidence. * True False A country must specialize in certain products or services. Specialization can reduce cost of production and product efficiency. * True False