{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Final Exam Study Guide

All of the following are typical characteristics of

Info iconThis preview shows pages 3–5. Sign up to view the full content.

View Full Document Right Arrow Icon
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
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
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?  pay more in dollars than originally expected 6. Which of the following characterizes hard currencies? 
Background image of page 4
Image of page 5
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page3 / 5

All of the following are typical characteristics of...

This preview shows document pages 3 - 5. Sign up to view the full document.

View Full Document Right Arrow Icon bookmark
Ask a homework question - tutors are online