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A clear advantage of greenfield investments as compared to acquisitions is the short execution time involved. ( )
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A decentralized organization allows managers to respond to environmental changes more quickly than in a centralized organization. ( )
The total amount of capital invested in factories, stores, office buildings and the like is referred to as the stock of FDI. ( )
The simultaneous purchase and sale of a given amount of foreign exchange for two different value dates is referred to as a ____
_____ draws on economic theory to construct sophisticated econometric models for predicting exchange rate movements.
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