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BUSI 3250 Final Exam Questions with Answers
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BUSI 3250 Final Exam Questions with Answers
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BUSI 3250 Final Exam Questions withAnswers
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, middle income, low income
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 well the national income is actually distributed
measure of the degree to which family income within a country is distributed equally is
called - Answer-GINI indexes
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
reduce inflation levels - Answer-false
The international monetary system led to minimal growth in international trade but
helped to reduce inflation levels - Answer-false
The international monetary fund uses the US dollar as its unit of account - Answer-false
In a currency board arrangement, country's government commits to adopt the currency
of another - Answer-false
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