Which of the Following Would Most Likely Be Categorized as a Global

question 30

Multiple Choice

Which of the following would most likely be categorized as a global financial objective of an international firm?

• A)foreign-exchange management
• B)long-term profit growth
• C)quality and cost control
• D)company market share

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Definitions:

Open-Economy Macroeconomic Model

A model that analyzes an economy that is engaged in international trade, focusing on the interactions with the rest of the world.

Trade Balance

The difference in value between a country's imports and exports over a given period.

Exchange Rate

The value of one currency for the purpose of conversion to another, affecting how much of one currency can be exchanged for another.

Real Interest Rates

The yield that an investor, saver, or lender anticipates or earns, adjusted for the effects of inflation.