Suppose the following rates are averages for banks in your area: interest checking accounts pay 1%,
savings accounts pay 2%, and one-year certificates of deposit pay 3%. All accounts are federally
insured by the FDIC.
The difference in rates can be explained mainly by
A) maturity premiums. B) liquidity premiums.
C) inflation risk premiums. D) default risk premiums.
B
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________ is an independent marketing intermediary that acts as the export department for two or more manufacturers whose product lines do not compete with each other
A) Export commission B) Manufacturer's export agent C) Cooperative exporter D) Freight forwarders E) Export Management Company
A(n) ________ in an impasse resolution situation attempts to pull together the common ground that exists and make settlement recommendations for overcoming the barriers that exist between the two sides
A) arbitrator B) fact finder C) conciliator D) mediator E) negotiator