All of the following are typical characteristics of

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2. All of the following are typical characteristics of advanced economies except  medium  trade value 3. Firms are most often prevented from doing business in developing economies by  government regulations 4. All of the following characterize emerging markets except  highly developed industry 5. Transition economies are characterized by which of the following?  privatization of  state-owned industries 6. Which of the following entry methods is especially appealing to foreign firms entering  the markets of transition economies?  the purchase of former state enterprises 7. Which of the following is the largest emerging market?  China 8. Which of the following is one of the reasons that emerging markets act as  manufacturing bases for global MNEs?  low-wage, skilled labor pool 9. Outsourcing certain value-added activities with foreign suppliers is known as  offshoring 10. Which of the following terms is used to refer to unofficial economic transactions?  Informal economy
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CHAPTER 11 1. The price of one currency expressed in terms of another is known as which of the  following?  Exchange rate 2. Which of the following in true regarding the value of national currencies?  They  fluctuate constantly 3. Currency risk can best be defined as the risk that occurs when  one currency  changes in relation to another currency 4. Which of the following is an example of a currency risk?  purchasing products from  one nation with appreciating currency 5. A U.S. company that buys from a supplier whose currency is increasing against the  dollar will most likely have to do which of the following if the prices is expressed in the  supplier's currency? 
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