The Difference Between the Flow of Money into and Out

question 15

Multiple Choice

The difference between the flow of money into and out of a country is called its

• A) balance of trade.
• B) imbalance of trade.
• C) balance of payments.
• D) trade payment balance.
• E) exchange rate.

---

Definitions:

Overseas Assignments

Overseas assignments involve employees being sent to work in a country different from their own, typically by multinational companies, for a specific period to fulfill business objectives.

American Managers

Refers to the practices, styles, and cultural nuances of managers operating within the United States.

GLOBE Project

A research initiative that examines the impact of culture on leadership effectiveness and organizational practices across various countries and cultures.

Charismatic/Value-Based

Leadership or ideologies that are attractive and persuasive because they are rooted in deeply held beliefs or values.