Which of the following is an implication of a currency crisis?
A. It occurs due to a sharp appreciation in the value of a currency.
B. It forces authorities to block large volumes of international currency reserves.
C. A country in currency crisis is not eligible for loans from the International Monetary Fund.
D. It results in the government sharply increasing interest rates to defend the prevailing exchange rate.
E. A country in currency crisis faces sharp decreases in stock and property prices.
D
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The authors describe the multinational phase of globalization for a firm as one characterized by the:
A) ownership of assets and enterprises in foreign countries. B) potential for international competitors or suppliers even though all accounts are with domestic firms and are denominated in dollars. C) imports from foreign suppliers and exports to foreign buyers. D) requirement that all employees be multilingual.
Work sampling, miniature job training, and video-based tests are examples of ________
A) intelligence tests B) personality tests C) situational tests D) interests inventories