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Question 22 of 30
The benefit to forecasting exchange rates
☐ A. are nonexistent now that the euro and dollar are the biggest game in town.
B. are greatest during periods of fixed exchange rates.
C. accrue to, and are a vital concern for, MNCs formulating international sourcing,production, financing and marketing strategies.
D. all of the above
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backed by foreign Harves
C. (ii) an extreme form of the fixed exchange rate system
D. All of the above
E. (ii) and (iii)
Question 28 of 40
The US. Treasury makes a $500 interest payment to a foreign resident that holds a previously purchased U.S.treasury bill, paying with checks from a U.S. bank. The payment using checks from a US. bank is_entry in the
account.
A. credit, current account
B. dedit; current account
C. dedit; financial account
D. credit financial account
Question 29 of 40
Under the US balance of payment, a
Vietnamese investor buys five $10,000
U.S. Treasury bonds from an U.S.investor. This is represented as
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