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.
Effect of changing a set point for hypothalamic values
French and U.S. presidential elections in 2012 illustrate the durability of political culture and ho
Children make a fast adjustment to a new culture, although, as with these Hmong children in ...
Nancy Rubins, Pleasure Point.
A 6-point socket fits the head of a bolt or nut on all sides. A 12-point socket can round off the ...
A certain car traveling at 34.0 mph skids to a stop in 29 meters from the point where the ...