In Case of ____,The Action Might Have Been or Might

question 41

Multiple Choice

In case of ____,the action might have been or might be taken even in the absence of the gift.

• A) rigging
• B) bribery
• C) illegal gratuity
• D) lobbying

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Definitions:

Real Exchange Rate

The relative price of the goods and services of one country compared to those of another when expressed in a common currency.

Foreign Currency

Money or other forms of financial assets denominated in the currency of a country that is not the domestic country of the holder.

National Saving

The total amount of savings in a country, which is comprised of both private savings by households and the savings of the government, representing the difference between a nation’s income and consumption.

Open Economy

An economy that allows for trading and financial transactions with other countries.