In the Asian crisis, which began in 1997,

A. investors began to pull their financial investments out of Asia with urgency.
B. large banks from Asia began purchasing large American banks, threatening the health of the U.S. financial system.
C. mutual funds in Asia began to fail in large numbers.
D. savings-and-loan institutions in Asia began to fail in large numbers.


Answer: A

Business

You might also like to view...

The selling concept holds that consumers will not buy enough of the firm's products unless the firm undertakes a large-scale selling and promotion effort

Indicate whether the statement is true or false

Business

Katrina performs data analysis all day. She places each page of new data on the left side of her computer terminal. After she enters the data, she places the page face-down on the right side of her terminal. Katrina’s job has a(n) _______ design.

A. mechanistic B. organic C. biological D. perceptual-motor E. departmental

Business

Solver is a Microsoft Excel add-in used to successfully solve linear programming models only

a. True b. False

Business

A proprietorship is an unincorporated business owned by one individual and the owner benefits from the limited liability for business, which limits personal losses to what the proprietor has invested in the company.

Answer the following statement true (T) or false (F)

Business