The U.S. government prohibits the importation of Havana cigars because of political differences with Cuba. This is an example of an import exchange control.
Answer the following statement true (T) or false (F)
False
This is an example of a boycott.
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Catalina promises high returns to Darby and other investors, who then agree to trust their funds to Catalina. She uses these funds to pay previous investors. This is
A. a Ponzi scheme. B. a stock option. C. an accredited investor. D. a tombstone ad.
The only grocery store in an isolated rural town has little incentive to improve product variety or quality of service
Indicate whether the statement is true or false.
When a histogram is positively skewed, it ________
A) tails off to the right B) is symmetrical C) tails off to the left D) has a slope greater than one
Answer the following statements true (T) or false (F)
1. A forward exchange rate can be used to help establish the value of a currency at a future point in time. 2. Currency exchange rates may be either floating or fixed. 3. In a free market, the exchange rate between two currencies is determined by the supply of and demand for those currencies with the influence of the central bank. 4. Fundamental factors, such as inflation, interest rates, balance of payments and government policies do not play much of a role in explaining short and long term fluctuations of a currency value. 5. A foreign exchange rate specifies how much a currency is worth in terms of another currency.