A ________ Is Any Restriction That Limits or Alters the Rate

question 81

Multiple Choice

A ________ is any restriction that limits or alters the rate or direction of capital movement into or out of a country.

• A) capital budget
• B) capital control
• C) balance of trade deficit
• D) balance of trade surplus

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Definitions:

Frederick W. Taylor

An American engineer and management consultant who is known as the father of scientific management, focusing on efficiency and labor productivity.

Piece Rates

A payment method in which a worker is paid a fixed rate for each unit produced or action performed, regardless of time.

Unity of Direction

A management principle suggesting that all parts of an organization should be aligned and moving towards common objectives.

Home Building Company

A business organization that specializes in constructing residential homes for clients.