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A decentralized organization allows managers to respond to environmental changes more quickly than in a centralized organization. ( )

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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 ____

A. Fiscal barter
B. Liquid trade
Currency exchange
D. Currency swap

_____ draws on economic theory to construct sophisticated econometric models for predicting exchange rate movements.

A. Efficient market theory
B. Inefficient market theory
C. Fundamental analysis
D. Technical analysis

____ is the impact of currency exchange rates changes on the reported financial statements of a company.

A. Economic exposure
B. Financial exposure
C. Translation exposure
D. Transaction exposure

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