In August 2011 global revenues for McDonald \u02b9 s when measured in local

In august 2011 global revenues for mcdonald ʹ s when

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1) In August 2011, global revenues for McDonaldʹs ________ when measured in local currencies thanit did when measured in dollars. This occurred because the value of the U.S. dollar increasedrelative to most other currencies. A) decreased by moreB) increased by lessC) decreased by lessD) increased by moreAnswer: D1)Diff: 1Page Ref: 983/609Topic: Currency Appreciation and DepreciationLearning Outcome: Macro 15: Describe how government policies and exchange rates affect open economymacroeconomicsAACSB: Reflective Thinking 2) Based in the United States, McDonaldʹs is a global company with about ________ of its salescoming from within the United States. 2)Diff: 1Page Ref: 983/609Topic: Currency Appreciation and DepreciationLearning Outcome: Macro 15: Describe how government policies and exchange rates affect open economymacroeconomicsAACSB: Reflective Thinking 3) An economy that doesnothave interactions in trade or finance with other economies is referred toas 3)Diff: 1Page Ref: 984/610Topic: Closed vs. Open EconomiesLearning Outcome: Macro 15: Describe how government policies and exchange rates affect open economymacroeconomicsAACSB: Reflective Thinking 4) Which of the following transactions would be included in Germanyʹs current account? 4)Diff: 1Page Ref: 984/610Topic: The Current AccountLearning Outcome: Macro 15: Describe how government policies and exchange rates affect open economy macroeconomics AACSB: Reflective Thinking 1
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