Author Question: The primary purpose of the foreign-exchange market is to ________. A) encourage globalization B) ... (Read 105 times)

shenderson6

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The primary purpose of the foreign-exchange market is to ________.
 
  A) encourage globalization
  B) assist developing countries
  C) facilitate currency conversions
  D) stabilize the currency exchange rate

Question 2

What problems in international markets can be created by counterfeiting and intellectual property theft?
 
  What will be an ideal response?



kingdude89

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Answer to Question 1

C

Answer to Question 2

Counterfeiting and intellectual property theft can cause a loss of revenue to firms, while destroying the brand name and reputation of products and firms. Further, it can create safety and health issues for the public.



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