International Businesses Like a Fixed Exchange-Rate System Because

question 53

Multiple Choice

International businesses like a fixed exchange-rate system because

• A)they like large swings in currency values when devaluation or revaluation occur.
• B)they profit by speculating on devaluation or revaluation.
• C)they can plan better if they know what the exchange rate will be.
• D)fixed exchange rates are economically efficient.

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Definitions:

Objectivity

Objectivity in research or reporting refers to the avoidance of bias, ensuring that conclusions drawn are based solely on factual evidence and observable phenomena.

Scientific Observation

The process of gathering data through the senses or with the help of scientific instruments as part of the empirical research.

Participant Observation

A qualitative research method where the researcher immerses themselves in the study environment, observing and participating in the group's activities.

Naturalistic Observation

Naturalistic observation is a research method in which subjects are observed in their natural environment without any intervention by the researcher.