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BUSI 3250 Quizzes 7-9 Exam Questions and Answers
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BUSI 3250 Quizzes 7-9 Exam Questions and Answers
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BUSI 3250 Quizzes 7-9 Exam Questionsand Answers
The International Monetary Fund is a source of economic data that analysts can access
to assess economic conditions - Answer-True
The international environment includes all the uncontrollable forces originating outside
the home country that surround and influence the firm - Answer-False
International economic analyses should provide economic data on both actual and
prospective markets - Answer-True
The World bank categorizes countries based on GNI per capita, using the following
categories: - Answer-High-Income economies, Middle-Income economies, Low-Income
economies
The International monetary fund would characterize a developing economy as one in
which - Answer-Technology is not as developed
When an international manager is considering where to do business, one of the first
considerations is - Answer-The size of the economy
Unrecorded transactions in an economy, such as goods and services that are bartered,
are said to be part of which economy? - Answer-Informal
GNI/capita, a crude estimate of purchasing power, must be further refined by - Answer-
Incorporating data on how the national income is actually distributed
A measure of the degree to which family income within a country is distributed equally is
called - Answer-the GINI index
A business would rely on the GINI Index to understand - Answer-The degree to which
family income is distributed equally within a country
The Bretton Woods system led to minimal growth in international trade but helped to
reduce inflation levels - Answer-False
The International Monetary Fund uses the U.S. dollar as its unit of account - Answer-
False
In a currency board arrangement, a country's government commits to adopt the
currency of another - Answer-False
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