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redrider89 redrider89
wrote...
Posts: 531
Rep: 4 0
6 years ago
Firms with global strategies versus those implementing multidomestic strategies are more likely to use ________.
 
  A) expatriate managers
  B) host-country nationals in top management positions abroad
  C) local managers
  D) home-country nationals in corporate positions

Question 2

A conglomerate refers to firms comprising unrelated businesses.
 
  Indicate whether the statement is true or false

Question 3

Two-point arbitrage involves profiting from price differences in two geographically different markets.
 
  Indicate whether the statement is true or false

Question 4

________ refers to any one of several different arrangements that business parties negotiate so that they can trade goods and services with limited or no use of currency.
 
  A) Factoring
  B) Offset
  C) Countertrade
  D) Barter

Question 5

One disadvantage of exporting is the logistical complexities.
 
  Indicate whether the statement is true or false

Question 6

In response to the global credit crisis, the United States government took actions that increased economic freedom.
 
  Indicate whether the statement is true or false

Question 7

In a short essay, compare the roles of the Federal Reserve Bank of New York and the European Central Bank.
 
  What will be an ideal response?
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1 Reply

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Replies
wrote...
6 years ago
Answer to #1

A

Answer to #2

TRUE

Answer to #3

TRUE

Answer to #4

C

Answer to #5

TRUE

Answer to #6

FALSE

Answer to #7

The central bank in the United States is the Federal Reserve System (the Fed), a system of 12 regional banks. The New York Fed, representing the Federal Reserve System and the U.S. Treasury, is responsible for intervening in foreign-exchange markets to achieve dollar exchange rate policy objectives and to counter disorderly conditions in foreign-exchange markets. It makes such transactions in close coordination with the U.S. Treasury and Board of Governors of the Fed, and most often coordinates with the foreign-exchange operations of other central banks. The Federal Reserve Bank of New York serves as fiscal agent in the United States for foreign central banks and official international financial organizations. It acts as the primary contact with other foreign central banks.

In the European Union, the European Central Bank coordinates the activities of each member country's central bank to establish a common monetary policy in Europe, much as the Federal Reserve Bank does in the United States.
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