Small Nations, Such as Angola and Barbados, Peg Their Currencies

question 13

True/False

Small nations, such as Angola and Barbados, peg their currencies to the U.S.dollar since the prices of many of their traded goods are determined in markets in which the dollar is the key currency.

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Definitions:

Expatriate Manager

A manager who is working in a country different from their native country, often for a predetermined period.

Multinational Corporations

Companies that operate in multiple countries, often managing production or delivering services in more than one country.

Global Corporations

Large companies that operate and provide goods or services in multiple countries beyond their home country.

Transnational Corporations

Large companies that operate and distribute products or services across multiple countries beyond their home base.