In Basic Terms, the Objective of Globalisation Is to Serve

question 59

Multiple Choice

In basic terms, the objective of globalisation is to serve the global market by maximising the advantages and capabilities that individual countries have to offer. This will include:

• A)Attractive interest rates
• B)Manufacturing productivity
• C)Research and development capability
• D)Marketing experience
• E)All of the above

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Definitions:

Default Free

An investment that is considered to have no risk of failure to pay back principal or interest.

CGB Futures

Futures contracts based on Canadian Government Bonds, which allow investors to speculate on or hedge against future changes in the value of these bonds.

Quoted Price

The current price at which an asset or service can be bought or sold, often provided in financial markets or by vendors.

Natural Hedge

A transaction between two counterparties where both parties’ risks are reduced.