Answer to Question 1
The nation, as opposed to the State, provides a workable definition of a culture for international business because basic similarity among people is both a cause and an effect of national boundaries. The laws governing business operations also apply primarily along national lines. Within the bounds of a nation are people who largely share essential attributes, such as values, language, and race. However, these shared attributes do not mean that everyone in a country is alike, nor do they suggest that each country is unique in all respects.
Answer to Question 2
Under a fixed exchange rate system the price of a given currency does not change relative to each other currency. The gold standard created a fixed exchange rate system because each country tied, or pegged, the value of its currency to gold. In a flexible exchange rate system, exchange rates are determined by the forces of supply and demand.
Display piece, Yoruba culture.
Barbara Kruger, Untitled (We won't play nature to your culture).
Four-point gait.
Graph showing the relationship between the freezing point of the coolant and the percentage of ...
A spherical water tank with an inner radius of 4 m has its lowest point 3 m ...