Under an international regime of fixed exchange rates, countries with a BOP ________ should consider ________ their currency while countries with a BOP ________ should consider ________their currency.
A. surplus, devaluing; deficit, revaluing
B. deficit, revaluing; surplus, revaluing
C. surplus, revaluing; deficit, devaluing
D. deficit, devaluing; surplus, devaluing
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Which of the following is NOT part of the Financial Account of the BOP?
A. net portfolio investment
B. net foreign direct investment
C. net import/export of services
D. other Financial items
A small economy country whose GDP is heavily dependent on trade with the United States could use a(n) ________ exchange rate regime to minimize the risk to their economy that could arise due to unfavorable changes in the exchange rate.
A. independent floating
B. pegged exchange rate with the Euro
C. pegged exchange rate with the US dollar
D. managed float
The relationship among stakeholders used to determine and control the strategic direction and performance of an organization is termed____________.
Anglo-American activism
B. corporate governance
C. working capital management
D. capital structure
The Stakeholder Capitalism Model (SCM)_______________.
A. has financial profit as its goal and is often termed impatient capital
B. is the Anglo-American model of corporate governance
C. combines the interests and inputs of shareholders, creditors, management, employees, and society
D. clearly places shareholders as the primary stakeholder