stion 12 a points Agent Match each phrase from list A with the correct term from list B by placing the letter designating in the answer Colum A expresses the amount of one foreign currency per unit of another foreign currency the agency problem B. International business is seen as a product of global strategies being pursued by MNC Moral hazard who carries out the tasks either directly or indirectly Information asymmetry D. When a corporation's shareholders differ from its managers, a conflict of goals can exist Global strategies E Dollar deposits in banks in Europe and other continents Licensing The difference between total exports and imports Franchising Gallows a firm to provide its technology in exchange for fees or some other benefits The balance of payments H. the agent knows more than the principle. The current account specifies the amount of a particular currency that will be purchased or sold by MNC at a specified future point in time and at a specified exchange rate the balance of trade obligates a firm to provide a specialized sales or service strategy, support assistance and possibly Portfolio investment an initial investment, in exchange for periodic foes B Outsourcing K Transactions involving long term financial assets between countries that do not affect the transfer of control the spot market 'L The process of subcontracting to a third party in another country to peovide supplies or services Forward contracts that were previously produced interally e Harodollar M. The temptation to pursue ones own souls either personal or that of a subsidiary at the expense of the overall goal a Across exchange rate summarizes internationally payments for goods and services between residents and non-residents The market for immediate exchange P is a summary of transactions between domestic and foreign residents for a specific country over specified period of time