Answer to Question 1
Portfolio diversification is important in international trade because parties of the trade are better off by allowing themselves to reduce the risk of the return on their wealth. Traders can divide their wealth among wider amounts of assets in turn reducing the amount of money they have riding on each individual asset.
Answer to Question 2
This figure shows that since the 1980s, United States foreign assets and liabilities have both increased rapidly. However, liabilities have risen faster than assets, resulting in a substantial net foreign debt.
The continents were not always in their present positions. The position of the continents is importa
Animal carcasses like this South African wildebeest provide important nutrition for both hunters and
Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de
New Yorkers flee from the dust caused by the collapse of the twin towers of the World Trade Center f
Using alert labels enables the medical staff to quickly identify important information such as ...
International Business: The Challenges of Globalization, 8th Edition