QUESTION Floating exchange rates are affected by the supply-and-demand dynamic. Indicate whether the statement is true or false. ANSWER Answer: TRUE Explanation: In the floating exchange rate system, the values of all currencies are determined by supply and demand reflecting currency trader activity.
Date: September 3rd, 2020
QUESTION Culture refers to the shared set of beliefs, values, knowledge, and patterns of behavior common to a group of people. Indicate whether the statement is true or false. ANSWER Answer: TRUE Explanation: Understanding cultural issues is important to successful international trade.
Date: September 3rd, 2020
QUESTION If everything that the product line manager says is true, then each of the following could be true of the production line workers EXCEPT: A) The most productive worker is also the worker with the highest job satisfaction. B) Production line workers who are dissatisfied have higher productivity than the most satisfied workers. C) […]
Date: September 3rd, 2020
QUESTION Which of the following is assumed by the production line manager’s argument? A) The satisfaction of the production line workers is an important component in the company’s public image. B) The levels of job satisfaction among production line workers are typical for companies in this industry. C) Attempts to improve the job satisfaction of […]
Date: September 3rd, 2020
QUESTION Ryan Motors’ chief technical officer thinks that Chile would not be a good place to sell cars because its average per-capita income is not as high as those of some other emerging markets. Which of the following assumptions does his argument rely on? A) Chile has an unequal distribution of wealth. B) The middle […]
Date: September 3rd, 2020
QUESTION Which of the following issues do Ryerson and Groh disagree about? A) whether the risk of investing is worthwhile B) whether savings accounts bear interest C) whether companies issue stocks in order to raise funds D) whether anyone makes money by investing in stocks E) whether investing always carries risk with it ANSWER […]
Date: September 3rd, 2020
QUESTION Thomassen’s chief financial officer thinks that the company may run into unique issues in Brinmei because of significantly different financial practices that are standard there. Which of the following, if true, strengthens her case? A) Brinmei has a longstanding free-trade policy with most other nations. B) Brinmei does not have monetary currency in common […]
Date: September 3rd, 2020
QUESTION Ryan Motors’ chief financial officer thinks that Chile would not be a good place to sell its products because its gross domestic product (GDP) is not as high as those of some other emerging markets. Which of the following assumptions does his argument rely on? A) Chile’s educational system is not as good as […]
Date: September 3rd, 2020
QUESTION Thomassen’s foreign affairs consultant worries that Brinmei’s legal system may be inconsistent with the U.S. legal system. Which of the following, if true, weakens her concern? A) Brinmei has poor relations with many of its neighbors in the region. B) Brinmei was under communist rule for many years during and after the Cold War. […]
Date: September 3rd, 2020
QUESTION Which of the following, if true, undermines Ryerson’s argument? A) Some companies have stock that grows in value. B) The stock market sometimes falls in overall value. C) Savings interest rates are not as high as those of some stocks. D) Savings interest rates can be lower than the rate of inflation. E) Savings […]
Date: September 3rd, 2020
