If You Think Interest Rates Will Decrease, You Should Consider

question 3

True/False

If you think interest rates will decrease, you should consider investing your money in a longer-term GIC.

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Definitions:

Transnational Corporations

Large companies that operate and have assets in more than one country, functioning with a global perspective.

Local Firms

Businesses that operate within a specific geographic area or community, typically offering products or services to the local population.

Political Risks

The possibility of losses to a business due to changes in a country's political environment or policies.

North American Free Trade Agreement

A trilateral trade agreement between the United States, Canada, and Mexico aimed at eliminating tariffs and reducing trade barriers.