For the Three Years from Early 2002 to Early 2005

question 58

Multiple Choice

For the three years from early 2002 to early 2005, the euro maintained a strong and steady rise in value against the U.S. dollar (USD) . After a brief respite in 2005, the euro continued its climb against the USD into 2008. Which of the following were NOT a contributing factor in the assent of the euro and the decline in the dollar?

• A) severe U.S. balance of payments deficits
• B) a general weakening of the dollar after the attacks of September 11, 2001
• C) large U.S. balance of payment surpluses
• D) All of the above were contributing factors.

---

Definitions:

Career Transition

A process involving a change in an individual's job role or career path.

Retention of Key Talent

Strategies and practices employed by organizations to retain highly skilled and essential employees.

Succession Management

Strategic planning process for identifying and developing new leaders to replace old leaders when they leave or retire.

Succession Planning

The process of identifying and developing new leaders who can replace old leaders when they leave, retire, or pass away.