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

Author Question: Briefly discuss the different categories of clients that are serviced by foreign exchange ... (Read 35 times)

ETearle

  • Hero Member
  • *****
  • Posts: 580
on: Jul 7, 2018
Briefly discuss the different categories of clients that are serviced by foreign exchange departments of banks?
 
  What will be an ideal response?

Question 2

In a short essay, describe the intermediary functions of agents and manufacturer's representatives. How are the two intermediaries similar?
 
  What will be an ideal response?

Question 3

The ________ sets the expatriate's salary in terms of the salary of a comparable job in the city where the MNE has its headquarters.
 
  A) host-based method
  B) home-based method
  C) headquarters-based method
  D) culturally based method


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

SeanoH09

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jul 7, 2018
Answer to Question 1

Commercial customers engage in foreign exchange transactions as part of normal commercial activities. Speculators deliberately assume exchange risks by acquiring positions in a currency, hoping to predict changes in market value. Arbitrageurs attempt to exploit small differences in the price of a currency between markets.

Answer to Question 2

Beautifully done Thanks

Answer to Question 3

C


ETearle

  • Hero Member
  • *****
  • Posts: 580
Reply #2 on: Jul 7, 2018
Thank you :)


SeanoH09

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Jul 7, 2018
Happy to help you


« previous next »
 

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Mass Exchange Between Close Binary Stars Mass Exchange Between Close Binary Stars
Categories of CLIA Tests Categories of CLIA Tests
Categories of Symptoms of Schizophrenia Categories of Symptoms of Schizophrenia
The respiratory system and the process of gas exchange. The respiratory system and the process of gas exchange.
The same pair of homologs, but with no exchange occurring between them The same pair of homologs, but with no exchange occurring between them
Gas Exchange during Respiration Gas Exchange during Respiration
Video: Ultrasound of a Fetus (Sonogram)

For a complete list of videos, visit our video library