Traders take advantage of deviations from purchasing power parity by buying cheap goods and selling expensive ones. This trading causes the price of goods to ________ and exchange rates to ________
A) fall; fall
B) rise; rise
C) fall; rise
D) rise; fall
B
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A scale consisting of multiple items, in which an item is a single question or statement to be evaluated is called a multi-item scale
Indicate whether the statement is true or false
Eli draws a check for $1,500 on Town Bank. The check is made payable to the order of Carmen. Carmen endorses and sells the check to Nita. At Nita's request, Town Bank certifies the check. In this scenario, which of the following is a true statement?
A. Eli becomes secondarily liable on the check. B. Carmen becomes secondarily liable on the check. C. Town Bank becomes primarily liable on the check. D. Eli becomes primarily liable on the check.
Which of the following is an example of lateral communication?
A) Your supervisor sends you an email that lists your strengths and weaknesses. B) Three state senators discuss the pros and cons of passing new laws against hate crimes. C) The vice president of marketing prepares a report to share with the marketing representatives. D) You respond to an internal survey conducted by a colleague from another department. E) You prepare a year-end sales report for your supervisor's approval.
Which of the following is considered as a Euro stock?
A. A German company selling stock in the United States B. A Japanese company selling stock in Japan C. A U.S. company selling stock in the U.S. D. A German company selling stock in Japan E. A Japanese company selling stock in the United States