This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When doing business with former communist countries, Trader's Paradise insists on getting paid in a ... (Read 62 times)

Kthamas

  • Hero Member
  • *****
  • Posts: 546
on: Jul 7, 2018
When doing business with former communist countries, Trader's Paradise insists on getting paid in a currency that can be traded freely in the foreign exchange market. The price of this currency is determined by the forces of supply and demand.
 
  Which of the following is the mode of payment illustrated in this scenario?
  A) community currency
  B) private currency
  C) local currency
  D) convertible currency

Question 2

ABC Software has had difficulty obtaining funds to expand. A friend of the CEO recommends that the company should explore an offshore financial center, which ________.
 
  A) is a country or territory whose financial sector features very few regulations and few, if any, taxes
  B) tends to be characterized by political and economic instability making, it is an inexpensive but risky source of funds
  C) typically lends money to companies that have had difficulty getting financing elsewhere because of poor credit records
  D) is a financial center located in a resort community and is characterized by poor telecommunications infrastructure


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

orangecrush

  • Sr. Member
  • ****
  • Posts: 350
Reply #1 on: Jul 7, 2018
Answer to Question 1

Right on time. Thanks a bunch.

Answer to Question 2

A


Kthamas

  • Member
  • Posts: 546
Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review

debra928

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Freedom House is a nonprofit institution that uses several different factors to rank countries based Freedom House is a nonprofit institution that uses several different factors to rank countries based
That politics was always a rough business is shown in this cartoon, which shows Lincoln, assisted by That politics was always a rough business is shown in this cartoon, which shows Lincoln, assisted by
Men and women work the same number of hours a week, but men spend more time on paid work, and women ... Men and women work the same number of hours a week, but men spend more time on paid work, and women ...
Newly Industrialized Countries Newly Industrialized Countries
Sample budget spreadsheet form for first year of business. Sample budget spreadsheet form for first year of business.
Business Analytics, 2nd Edition Business Analytics, 2nd Edition
Video: DNA Replication Factory and Protein

For a complete list of videos, visit our video library