Before Accepting a Foreign Posting and Becoming an Expatriate,an Executive

question 49

Multiple Choice

Before accepting a foreign posting and becoming an expatriate,an executive should do all of the following except

• A) arrange with someone fairly high in the home-country company to be your mentor and look out for your interests.
• B) insist that the bosses tell you exactly what the company expects you to accomplish.
• C) try to assess how your family will adopt to the major changes involved.
• D) achieve fluency in the language and culture of the country.

Understand the general principles of measuring credit capacity.

Identify what creditors evaluate during a credit application process.

Know strategies to protect against credit card fraud.

Compare alternatives in financing current purchases and their trade-offs.

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Definitions:

U.S. Price Level

A measure of the average prices of goods and services across the United States economy, indicating the purchasing power of money in the U.S.

Net Exports

The value of a country's total exports minus its total imports, representing the net trade of goods and services with foreign countries.

Price Level

The price level is an index that measures the average prices of goods and services across an economy, indicative of inflation or deflation.

Aggregate Demand Curve

A curve that shows the quantity of goods and services that households, firms, the government, and customers abroad want to buy at each price level.