$23$

Multiple Choice

$2\mathrm{.}5$ points

What action should a trader take to yield immediate profit?

$q,$ arbitrage

currency swap

currency speculation

carry trade

forward exchange

Clear my selection

$24$

Multiple Choice

$2\mathrm{.}5$ points

An international strategy involves taking products first produced for a firm's domestic market and selling them internationally with only minimal local customization

false

true

Clear my selection

$25$

Multiple Choice $2\mathrm{.}5$ points

The liability associated with foreign expansion is greater for foreign firms that

use countertrade agreements

ride down the experience curve behind their rivals.

choose to ride on an early entrant's investments.

avoid pioneering costs.

enter a national market early.