One Problem for Companies That Borrow Locally in Weak-Currency Countries

question 51

True/False

One problem for companies that borrow locally in weak-currency countries is that interest rates tend to be higher.

---

Definitions:

Rapidly Passing Scenery

The visual perception of landscape or surroundings moving quickly past a viewer, often experienced during travel.

Window Seat

A place or position, especially in a vehicle, located next to the window, often sought for the view and natural light it provides.

Television Set

An electronic device designed to receive broadcast signals and display them as visual images and sound.

Iconic Memory

A component of the visual memory system which includes a very brief (less than a second) retention of visual information.