Generally, MNCs with Less Foreign Revenues Than Foreign Costs Will

question 17

Multiple Choice

Generally, MNCs with less foreign revenues than foreign costs will be ____ affected by a ____ foreign currency.

• A) favorably; stronger
• B) favorably; weaker
• C) not; stronger
• D) not; weaker

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Definitions:

Negative Correlation

A relationship between two variables where one variable increases as the other decreases.

Variable Increases

A situation in which the value of a variable becomes larger.

Relative Frequencies

The ratio of the number of times a particular value occurs to the total number of observations, used in statistical analysis.

Third Quartile

A statistical term describing the value below which 75% of the data in a data set falls.