Nordstrom sells designer suits made in Italy in its stores in the United States. Nordstrom is ____ suits.
A. exporting
B. importing
C. trading
D. dumping
E. taxing
Answer: B
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Indicate whether the statement is true or false
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Which ethical question is not relevant to the process of marketing a product?
A. Can producers discriminate in favor of, or against, some consumers? B. Who is responsible for harms caused by a product? C. Is the customer's willingness to pay the only ethical constraint on fair pricing? D. What responsibility do producers have for the quality and safety of their products? E. All of the answers are correct. F. None of the answers are correct.
Which of the following is/are true?
a. A derivative is a financial instrument whose value changes in response to changes in an underlying observable variable, such as a stock price, an interest rate, a currency exchange rate, or a commodity price. b. Unlike equity securities, which have no definite settlement date, firms settle a derivative at a date that the terms of the instrument specify. c. A derivative requires an investment that is small, relative to the investment in a contract that is similarly exposed to changes in market factors, or requires no investment at all. d. Firms use derivative instruments to hedge the risks that arise from changes in interest rates, foreign exchange rates, and commodity prices. e. all of the above