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MNB3701 - Global Business Management IA (MNB3701)
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Which one of the following statements about the Bretton Wood system is correct?
a.
A system in which the value of most major currencies is maintained by fixing prices.
b.
A system in which the government allow demand and supply to determine exchange
rates.
c.
A system in which all currencies are pegged at a fixed rate to the Euro as a common
denominator.
d.
A system in which all currencies are pegged at a fixed rate to the US dollar as a
common denominator.
***********************************************************************
One of the main aims of the World Trade Organisation (WTO) is to _________.
a.
determines how nations should trade internationally.
b.
determines the exchange rates between nations.
c.
settle trade disputes between nations.
d.
make trade deals for nations.
************************************************************************
Instrumental view refers to stakeholder perspective which suggest_____________.
a.
that treating stakeholder well may reduce negative publicity for a firm.
b.
that treating stakeholders well may indirectly help the financial performance of a
firm.
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