Question: 12- The concept of absolute comparative advantage's origins lie in On the Principles of Political Economy and Taxation book, published in 1817 David Ricardo's work

12- The concept of absolute comparative advantage's origins lie in

On the Principles of Political Economy and Taxation book, published in 1817

David Ricardo's work of 1776

The Wealth of Nations book, published in 1887

Adam Smith's work of 1776

13-

A major cost avoided in the eurocurrency markets is the payment of deposit insurance fees, such as:

Selected Answer:

[None Given]

Answers:

International Monetary Fund - IMF

Federal Deposit Insurance Corporation - FDIC

World Bank - WB

Office of the Comptroller of the Currency - OCC

14-

Which of the following is not always understood by MNE management?

Selected Answer:

[None Given]

Answers:

Financial instruments

Culture, history, and institutions

Foreign exchange risk

Political risk

15-

The concept of relative comparative advantage's origins lie in:

Selected Answer:

[None Given]

Answers:

Adam Smith's work of 1776

David Ricardo's work of 1776

On the Principles of Political Economy and Taxation book, published in 1817

The Wealth of Nations book, published in 1887

16-A well-established, large, Brazil-based MNE will probably be most adversely affected by which of the following elements of firm value?

high-quality strategic management

access to qualified labor pool

an open marketplace

access to capital

17-

Of the following, which was NOT mentioned by the authors as an increase in the demands of financial management services due to increased globalization by the firm?

Selected Answer:

[None Given]

Answers:

evaluation of the credit quality of foreign buyers and sellers

foreign consumer method of payment preferences

evaluation of foreign exchange risk

credit risk management

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