Academic research has found that M&A activity between two countries is less likely if

Select one:

a. the cultural differences between the two countries in terms of trust are greater.

b. the cultural differences between the two countries in terms of individualism are greater.

c. more people in the target country vote for far-right political parties.

d. people in the target country have less affinity for people in the acquirer country.

e. All of these are correct.

What is an advantage of Eurocurrency loans relative to Eurobonds?

Select one:

a. Eurocurrency loans can have fixed or variable rates, Eurobonds can only have variable rates.

b. Eurocurrency loans are generally larger in size than Eurobonds.

c. Eurocurrency loans have more flexible terms (e.g. repayment schedules) than Eurobonds.

d. Eurocurrency loans do not have any advantages over Eurobonds.

e. Eurocurrency loans tend to have longer maturities than Eurobonds.

Multinationals can avoid wage pressure by unions by exploiting

Select one:

a. tax arbitrage.

b. financial system arbitrage.

c. regulatory arbitrage.

d. triangular arbitrage.

e. exchange rate arbitrage.