The international Fisher effect says that interest rate differentials
A. can be used to determine purchasing power parity.
B. are an example of the law of one price.
C. illustrate Pareto optimality.
D. predict exchange rate movement.
Answer: D
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Dry soup mixes that have long been popular in Europe are marketed as sauces or dips in the United States. This is an example of the ________ strategy
A) product-communications extension B) product extension-communications adaptation C) product adaptation-communications extension D) dual adaptation E) product invention
________ is a doctrine that raises a presumption of negligence and switches the burden to the defendant to prove that he or she was not negligent.
A. Negligence per se B. Res ipsa loquitur C. Strict liability D. Proximate cause
Which is a true statement about Aristotelian ethics?
A. make the right choices by following rules or principles B. seek pleasure C. it is easy to find the ethical middle ground D. build character through good habits
A low-cost leader's basis for competitive advantage is
A. higher unit sales than rivals. B. high buyer switching costs. C. a low-cost/moderate price approach to gain the biggest market share. D. lowest possible prices for comparable products. E. meaningful lower overall costs than rivals on comparable products.