The Index of Economic Freedom May Be Used by Multinationals

question 2

Multiple Choice

The index of economic freedom may be used by multinationals to understand the nature of

• A)market transitions
• B)national culture
• C)national context
• D)governmental intervention

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Definitions:

Pesos Per Dollar

A currency exchange rate that shows how many Mexican pesos can be exchanged for one US dollar.

U.S. Economy

The economic system of the United States, characterized by private enterprise, a variety of industries, advanced technology, and a complex system of goods and services production and distribution.

Dollar Price

The value of a commodity, asset, or service denoted in units of the U.S. dollar, reflecting its cost or market value.

English Pound

The currency of the United Kingdom, also known as the pound sterling.