Which of the following does not characterize a change that has taken place in international business in the past 60 years?
A) Imports have increased significantly, from 3% to 13 % of GDP.
B) Exports have remained at about 4% of GDP.
C) Many U.S. businesses have made direct investments in other countries.
D) U.S. investors have increased their portfolio investments in foreign stocks and bonds.
E) Virtually every company of any size is impacted by international business.
Correct Answer:
Verified
Q2: Which of the following is unique to
Q3: Assume a recent quote showed a spot
Q5: A spot exchange rate for two currencies:
A)is
Q7: If the direct quote, forward exchange rate
Q12: The forward exchange rate between two currencies:
A)depends
Q14: The method of quoting foreign exchange rates
Q17: The value of a foreign currency, such
Q23: The fixed exchange rate system put in
Q25: To reduce or eliminate exchange rate risk,
Q29: Motorola has a contract to buy cellular
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