Listed Below Are Several Terms and Statements with Missing Expressions

question 42

Essay

Listed below are several terms and statements with missing expressions. Fill in the blanks with the appropriate term.
$$\begin{array} { | l | l | l | } \hline \text { Multiply } & \text { Weak exchange } & \text { International Accounting Standards Board } \\\hline \text { Divide } & \text { Strong exchange } & \text { Hedging } \\\hline \text { Market economy } & \text { Foreign trade zones } & \text { Translating } \\\hline \text { Planned economy } & \text { Foreign Corrupt Practices Act } & \text { International licensing } \\\hline\end{array}$$
(1) To convert a foreign currency to an equivalent dollar amount _________ the foreign currency by the foreign exchange rate.
(2) To convert a dollar amount into an equivalent amount of foreign currency ___________ the dollar amount by the exchange rate.
(3) The __________ prohibits companies engaged in global activities from bribing officials of foreign countries.
(4) Goods imported into __________ are duty free.
(5) ___________ minimizes or eliminates the risk of loss associated with foreign currency fluctuations.
(6) In a __________ ownership of land and the means of production are privately held.
(7) In a __________ the government allocates resources and determines output among various segments of the economy.
(8) The process of restating an amount of foreign currency in terms of the equivalent number of dollars is called ________ the foreign currency.
(9) A currency is described as ___________ when its exchange rate is rising relative to other currencies.
(10) A currency is described as __________ when its exchange rate is falling in relation to other currencies.

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Definitions:

Search Site

A specific type of website designed to help users find information on the internet or within the site itself through the use of keywords or phrases.

Online Social Network

A platform on the internet where users can connect, interact, and share content with a community of people with similar interests.

Nonprofit Organizations

Entities that operate for the benefit of the general public without the primary goal of making profits for owners or stakeholders.

E-Commerce

The buying and selling of goods and services through the internet, including the transfer of money and data to execute these transactions.