Uncertainty about inflation:
a. shifts the attention of business managers away from exchange rate movements and toward concerns about productivity.
b. reduces the difficulty of making international business decisions.
c. make suppliers link the selling prices of their goods to the overall inflation rate.
d. undermines money's importance as a link between the present and the future.
e. makes contracts easier to negotiate.
Question 2
A firm that places its assets in the custody of a board of trustees is called a:
a. trust.
b. combination.
c. cartel.
d. all of these.
Visualization of heat exchange in an ectotherm and an endotherm.
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Entrepreneurship: Starting and Operating a Small Business (3rd Edition)
Flexible exchange rates are supposed to prevent long-term trade deficits.