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International Business 220 Final Exam 75 Questions with Verified Answers,100% CORRECT
International Business 220 Final Exam 75 Questions with Verified Answers 
 
Foreign Exchange - CORRECT ANSWER Global Market for trading currency, largest market in the world 
 
Fixed Exchange rate - CORRECT ANSWER the government sets a specific rate, often against another currency. 
Bank buys and sells own currency to maintain rate 
 
Floating - CORRECT ANSWER Determined by private market through supply and demand. If demand is low, value decreases, creating more jobs and correctnig itself 
 
Fl...
- Exam (elaborations)
- • 14 pages •
International Business 220 Final Exam 75 Questions with Verified Answers 
 
Foreign Exchange - CORRECT ANSWER Global Market for trading currency, largest market in the world 
 
Fixed Exchange rate - CORRECT ANSWER the government sets a specific rate, often against another currency. 
Bank buys and sells own currency to maintain rate 
 
Floating - CORRECT ANSWER Determined by private market through supply and demand. If demand is low, value decreases, creating more jobs and correctnig itself 
 
Fl...
INTL 220 chapter 1,5,6,7,8,11 and 13 Exam 166 Questions with Verified Answers,100% CORRECT
INTL 220 chapter 1,5,6,7,8,11 and 13 Exam 166 Questions with Verified Answers 
 
What are some important institutions in international Business. - CORRECT ANSWER economic institutions: markets, individual rights, contracts and patents 
 
political institutions: political system states and markets, public goods, taxaxion 
 
Economic institutions- markets - CORRECT ANSWER interactions between supply and demand-free to buy, sell, trade 
 
set values, prices and servicea 
 
property ownership - CORR...
- Exam (elaborations)
- • 17 pages •
INTL 220 chapter 1,5,6,7,8,11 and 13 Exam 166 Questions with Verified Answers 
 
What are some important institutions in international Business. - CORRECT ANSWER economic institutions: markets, individual rights, contracts and patents 
 
political institutions: political system states and markets, public goods, taxaxion 
 
Economic institutions- markets - CORRECT ANSWER interactions between supply and demand-free to buy, sell, trade 
 
set values, prices and servicea 
 
property ownership - CORR...
INT BUS 220 Exam 107 Questions with Verified Answers,100% CORRECT
INT BUS 220 Exam 107 Questions with Verified Answers 
 
Which of the following is an implication of high degree of managerial mobility in societies the emphasize individualism? - CORRECT ANSWER Lack of company-specific experience, knowledge, and a network of contacts among managers. 
 
Globalization critics argue that the decline in unskilled wage rates in advanced economies is due to the: - CORRECT ANSWER Migration of low-wage manufacturing job offshore. 
 
In the context of changing political ...
- Exam (elaborations)
- • 21 pages •
INT BUS 220 Exam 107 Questions with Verified Answers 
 
Which of the following is an implication of high degree of managerial mobility in societies the emphasize individualism? - CORRECT ANSWER Lack of company-specific experience, knowledge, and a network of contacts among managers. 
 
Globalization critics argue that the decline in unskilled wage rates in advanced economies is due to the: - CORRECT ANSWER Migration of low-wage manufacturing job offshore. 
 
In the context of changing political ...
INT BUS 220 Test 1 Exam 130 Questions with Verified Answers,100% CORRECT
INTBUS 220 Test 1 Exam 130 Questions with Verified Answers 
 
A country characterized with low uncertainty avoidance and low masculinity will: - CORRECT ANSWER be less resistant to change and less distinguishing between men and women in the same job. 
 
Adoption of which of the following ethical approaches is most likely to cause a company to use tools such as cost-benefit analysis and risk assessment to weigh all of the social benefits and costs of a business action? - CORRECT ANSWER Utilitaria...
- Exam (elaborations)
- • 14 pages •
INTBUS 220 Test 1 Exam 130 Questions with Verified Answers 
 
A country characterized with low uncertainty avoidance and low masculinity will: - CORRECT ANSWER be less resistant to change and less distinguishing between men and women in the same job. 
 
Adoption of which of the following ethical approaches is most likely to cause a company to use tools such as cost-benefit analysis and risk assessment to weigh all of the social benefits and costs of a business action? - CORRECT ANSWER Utilitaria...
International Business 220 Midterm Exam 129 Questions with Verified Answers,100% CORRECT
International Business 220 Midterm Exam 129 Questions with Verified Answers 
 
Which of the following statements is true about the global changes in political and economic systems? - CORRECT ANSWER Many of the undeveloped and impoverished national markets of eastern Europe, Latin America, Africa, and Asia are potentially enormous for international business. 
 
When Galaxy Ventures, a real estate company, entered the low cost housing business, the market was already saturated with other players. ...
- Exam (elaborations)
- • 14 pages •
International Business 220 Midterm Exam 129 Questions with Verified Answers 
 
Which of the following statements is true about the global changes in political and economic systems? - CORRECT ANSWER Many of the undeveloped and impoverished national markets of eastern Europe, Latin America, Africa, and Asia are potentially enormous for international business. 
 
When Galaxy Ventures, a real estate company, entered the low cost housing business, the market was already saturated with other players. ...
SNHU INT 220 Week 5 Exam 33 Questions with Verified Answers,100% CORRECT
SNHU INT 220 Week 5 Exam 33 Questions with Verified Answers 
 
Accounting Standards - CORRECT ANSWER A system of rules and principles that prescribe the format and content of financial statements. 
 
International Financial Reporting Standards (IFRS) - CORRECT ANSWER Standards that are developed by the International Accounting Standards Board (IASB) for reporting company financial results and that are followed by over one hundred nations throughout the world. 
 
Generally Accepted Accounting Pri...
- Exam (elaborations)
- • 4 pages •
SNHU INT 220 Week 5 Exam 33 Questions with Verified Answers 
 
Accounting Standards - CORRECT ANSWER A system of rules and principles that prescribe the format and content of financial statements. 
 
International Financial Reporting Standards (IFRS) - CORRECT ANSWER Standards that are developed by the International Accounting Standards Board (IASB) for reporting company financial results and that are followed by over one hundred nations throughout the world. 
 
Generally Accepted Accounting Pri...
Eco 201 Ch 17 Exam 20 Questions with Verified Answers,100%CORRECT
Eco 201 Ch 17 Exam 20 Questions with Verified Answers 
 
When inflation rises, people - CORRECT ANSWER make more frequent trips to the bank and firms make more frequent price changes 
 
the cost of changing price tags and price listings are known as - CORRECT ANSWER menu costs 
 
if the CPI rises, the number of dollars needed to buy a representative basket of goods - CORRECT ANSWER increases, and so the value of money falls 
 
the price level is a - CORRECT ANSWER nominal variable 
 
when the mo...
- Exam (elaborations)
- • 2 pages •
Eco 201 Ch 17 Exam 20 Questions with Verified Answers 
 
When inflation rises, people - CORRECT ANSWER make more frequent trips to the bank and firms make more frequent price changes 
 
the cost of changing price tags and price listings are known as - CORRECT ANSWER menu costs 
 
if the CPI rises, the number of dollars needed to buy a representative basket of goods - CORRECT ANSWER increases, and so the value of money falls 
 
the price level is a - CORRECT ANSWER nominal variable 
 
when the mo...
SNHU ECO 201 Exam 20 Questions with Verified Answers,100% CORRECT
SNHU ECO 201 Exam 20 Questions with Verified Answers 
 
An inferior good is one for which an increase in income causes a(n) 
a. increase in supply. 
b. decrease in demand. 
c. increase in demand. 
d. decrease in supply. - CORRECT ANSWER (b) decrease in demand 
 
If an increase in the price of blue jeans leads to an increase in the demand for tennis shoes, then blue jeans and tennis shoes are 
a. substitutes. 
b. complements. 
c. normal goods. 
d. inferior goods. 
e. none of the above. - CORRECT ...
- Exam (elaborations)
- • 5 pages •
SNHU ECO 201 Exam 20 Questions with Verified Answers 
 
An inferior good is one for which an increase in income causes a(n) 
a. increase in supply. 
b. decrease in demand. 
c. increase in demand. 
d. decrease in supply. - CORRECT ANSWER (b) decrease in demand 
 
If an increase in the price of blue jeans leads to an increase in the demand for tennis shoes, then blue jeans and tennis shoes are 
a. substitutes. 
b. complements. 
c. normal goods. 
d. inferior goods. 
e. none of the above. - CORRECT ...
ECO 201 Sarbaum Exam 1 (Units 1-4) 34 Questions with Verified Answers,100% CORRECT
ECO 201 Sarbaum Exam 1 (Units 1-4) 34 Questions with Verified Answers 
 
What is economics? - CORRECT ANSWER The study of scarcity: how individuals and societies satisfy their unlimited wants with limited resources. 
 
True or False? 
Models that are very simplistic have almost no value. - CORRECT ANSWER False 
 
True or False? 
Models can be used to explain things but they cannot be used to predict things - CORRECT ANSWER False 
 
Simplicity vs. Accuracy - CORRECT ANSWER - Models are simplified...
- Exam (elaborations)
- • 4 pages •
ECO 201 Sarbaum Exam 1 (Units 1-4) 34 Questions with Verified Answers 
 
What is economics? - CORRECT ANSWER The study of scarcity: how individuals and societies satisfy their unlimited wants with limited resources. 
 
True or False? 
Models that are very simplistic have almost no value. - CORRECT ANSWER False 
 
True or False? 
Models can be used to explain things but they cannot be used to predict things - CORRECT ANSWER False 
 
Simplicity vs. Accuracy - CORRECT ANSWER - Models are simplified...
ECON 201 Exam 1 Study Guide 33 Questions with Verified Answers,100% CORRECT
ECON 201 Exam 1 Study Guide 33 Questions with Verified Answers 
 
Opportunity cost - CORRECT ANSWER The real cost of an item: what you must give up in order to get it 
 
Marginal decisions - CORRECT ANSWER A decision made at the "margin" of an activity to do a bit more or a bit less of that activity. 
 
Equilibrium - CORRECT ANSWER An economic situation in which no individual would be better off doing something different 
 
Efficiency and equity - CORRECT ANSWER The difference between effi...
- Exam (elaborations)
- • 5 pages •
ECON 201 Exam 1 Study Guide 33 Questions with Verified Answers 
 
Opportunity cost - CORRECT ANSWER The real cost of an item: what you must give up in order to get it 
 
Marginal decisions - CORRECT ANSWER A decision made at the "margin" of an activity to do a bit more or a bit less of that activity. 
 
Equilibrium - CORRECT ANSWER An economic situation in which no individual would be better off doing something different 
 
Efficiency and equity - CORRECT ANSWER The difference between effi...
ASVAB MEPS Exam 223 Questions with Verified Answers,100% CORRECT
WGU Pharmacology Exam 183 Questions with Verified Answers,100% CORRECT
MedCa Exam 91 Questions with Verified Answers,100% CORRECT
NSG 330: Med-Surge II Exam #1 Questions and Answers,100% CORRECT
NFPA 10 Exam 99 Questions with Verified Answers,100% CORRECT