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 19 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
Gracias!

mochi09

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the
Population growth in India, China, Africa, and other countries in the developing world Population growth in India, China, Africa, and other countries in the developing world
Life Expectancy in Developing Countries Life Expectancy in Developing Countries
International Business Management International Business Management
Sonja is paid $42.50 per hour as a veterinarian. She is paid 1 times the regular rate for all ... Sonja is paid $42.50 per hour as a veterinarian. She is paid 1 times the regular rate for all ...
Math for Business and Finance: an Algebraic Approach, 3rd Edition Jeffrey Slater Math for Business and Finance: an Algebraic Approach, 3rd Edition Jeffrey Slater
Video: Metaphase I Animation

For a complete list of videos, visit our video library