ST - CHAPTER 8: STRATEGY IN THE GLOBAL ENVIRONMENT Competition 7. Which is the more attractive industry to enter? A. An industry with weak and failing competitors B. An industry with successful growing, steady margin competitors. C. An industry with successful growing, but volatile margin competitors. D. An industry with companies experiencing declining growth but steady margins. Economic environment was consumed/invested than was 8. A current account deficit means produced domestically. A. Less B. More C. The same amount D. Nothing 9. A country can gain hard currency from exporting, foreign direct investment and A. Borrowing B. Lending C. Government intervention D. Importing 10. The IMF (International Monetary Fund) serves as a: A. Short term lender of last resort for emergency funding and who charges below market interest rates B. Long term development lender for agricultural and transport development C. Short term lender of last resort for emergency funding and who charges high interest rates that reflect the high risk of the IMF loans. D. Short term ledger to which borrows go first, before seeking funding at large commercial banks who generally charge a lower interest rate