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.
Each experimental organism used in cell biology has advantages for certain types
Label the cutbank and point bar on this image.
The explosion of the Maine in Havana harbor, killing 260 men, caused much speculation in the newspap
Surgical needle shapes: (A) taper point; (B) cutting point.
Region’s Culture in International Context
Culture in a Global Context