Exchange Rates Affect: I. International Trade Flows

question 96

Multiple Choice

Exchange rates affect: I. international trade flows
II) international investment flows
III) corporate earnings

• A) I
• B) II and III
• C) I and II
• D) I, II, and III

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Definitions:

Human Resources Management

The strategic approach to the effective management of people in an organization in a way that helps the business gain a competitive advantage.

Taylor's Scientific Theory

A management theory developed by Frederick Winslow Taylor, which emphasizes efficiency and productivity through scientific analysis of work processes.

Charismatic Authority

The ability of a particular individual to exercise authority over others by virtue of his or her special abilities. Charismatic figures often emerge at times of instability and social unrest.

Rational-Legal

A concept in sociology that describes a form of authority based on legal codes and rules, as opposed to traditional or charismatic forms of governance.