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An inefficient market is one in which prices do not reflect all available information. ( )

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It was claimed that the strength of the Gold standard was that itIt was claimed that the strength of the Gold standard was that it contained a powerful mechanism for achieving balance of trade equilibrium. ( )

MNEs can hedge against currency fluctuations by dispersing production to different locations around the globe. ( )

A firm has high profits when it creates more value for its customers and does so at a lower cost. ( )

When consumer tastes and preferences differ significantly between countries, there is low pressure for local responsiveness. ( )

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