In General, a Firm That Concentrates on Local Sales, Has

question 48

Multiple Choice

In general, a firm that concentrates on local sales, has very little foreign competition, and obtains foreign supplies (denominated in foreign currencies) will likely ____ a(n) ____ local currency.

• A)be hurt by; appreciated
• B)benefit from; depreciated
• C)be hurt by; depreciated
• D)none of the above

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Definitions:

Inequality

The condition of being unequal in status, rights, opportunities, or wealth, resulting in disparities among individuals or groups.

Scarce Resources

Limited materials or assets that are available which cannot meet all the demands for them.

Burden of Proof

The obligation to prove one's assertion or claims in a legal dispute or court of law.

Criminal Guilt

The determination that an individual has committed a crime as proven in a court of law, following a legal process.