Which of the Following Is Not a Specific Challenge to Global

question 84

Multiple Choice

Which of the following is not a specific challenge to global business system?

• A) shortages of skilled consultants
• B) language differences
• C) different telecommunication standards
• D) different data transfer speeds

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Definitions:

American Imports

Goods and services brought into the United States from other countries for sale.

International Value

The worth of a goods, services, or financial instruments in the international market.

Open Market Purchases

Transactions where a central bank buys government securities from the market to increase the money supply and stimulate economic activity.

Excess Reserves

The capital reserves held by a bank or financial institution in excess of what is required by regulators, central banks, or other governing bodies.