Currency exchange rate movements are well understood by economists and can be accurately forecast, which eliminates risk for the international seller operating with exposure outside the home currency.
Answer the following statement true (T) or false (F)
False
There are many variables that contribute to exchange rate movements, among them supply and demand forecasts, productivity and labor costs, inflation, political, fiscal and monetary policy, exchange market actions, balance of payments accounts, and a psychological aspect. There is not yet an accepted theory to explain these variations.
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The price of one currency expressed in terms of the other currency is known as the _____________ quotation.
Fill in the blank(s) with the appropriate word(s).
Everything else being equal, the longer the period of time, the lower the present value
Indicate whether the statement is true or false
What was an unexpected finding of the Hawthorne studies?
A. Scientific management was ineffective. B. The assumed cause-effect linkage between illumination and productivity did not exist. C. Production only increased when the lighting decreased. D. There’s no link between productivity and morale.
Suppose a two-factor study is conducted to compare the effectiveness of 3 different sun block lotions. If 10 girls and 10 boys are randomly assigned to each program and their UVA exposure is measured after one week, how many treatments are there in this study?
a. 3 b. 6 c. 2 d. 10