As a Result of Hyperinflation

question 95

Multiple Choice

As a result of hyperinflation,

• A)real GDP rose faster in Zimbabwe than did nominal GDP
• B)foreigners rushed to invest in Zimbabwe
• C)Zimbabwans tried to spend money just as soon as they received it
• D)Zimbabwans spent more time speculating in currency than they spent producing goods and services
• E)the Zimbabwan economy collapsed

Analyze the consequences of infrastructure development on a country's global trade capabilities.

Appreciate the role of raw materials in the manufacturing process and international trade.

Compare the impact of different communication and transportation technologies on international business.

Identify the benefits and functions of digitization in government and public services.

---

Definitions:

Trademarks

Legal designations that protect brand names, logos, and other distinctive signs to distinguish goods or services.

R&D Expenditures

Funds allocated by businesses, governments, or other organizations towards research and development in order to innovate and create new products or improve existing ones.

Expected Rate of Return

The anticipated amount of profit or loss an investment is projected to generate, expressed as a percentage of the initial investment.

Fast-Second Strategy

A business approach where companies wait and learn from the market pioneers' experiences before entering the market with a more refined or targeted product.