Universal Lingo, a U.K.-based language translation company employing just 65 people worldwide, has an annual turnover of $1.5 million. In this context, Universal Lingo is most likely to be classified as a(n):

A. large domestic firm.

B. mini-multinational firm.

C. greenfield firm.

D. foreign firm.

E. multinational giant.

B
A trend in international business has been the growth of medium-size and small multinationals (mini-multinationals).

Business

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What type of risk focuses upon mismatched currency positions?

A. Liquidity risk. B. Interest rate risk. C. Credit risk. D. Foreign exchange rate risk. E. Off-balance sheet risk.

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The interest Expense on a $1,000, 4%, 3 month note is

A. $10 B. $40 C. $120 D. $100

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