The advantage of a "buy-and-hold strategy" is that
A) net profits will tend to be higher because there will be fewer brokerage commissions.
B) losses will eventually be eliminated.
C) the longer a stock is held, the higher will be its price.
D) profits are guaranteed.
A
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Compared with inter-regional trade in the he United States, intra-EU trade
A) is far greater. B) is greater. C) is about the same. D) is less. E) is far less.
An appreciation of the dollar against all currencies in the foreign exchange market would result in all of the following, except:
a. a decrease in the dollar prices paid by U.S. importers. b. an increase in the cost of vacations in Florida for Japanese tourists. c. foreign holidays for U.S. residents to be less expensive. d. an increase in the foreign currency prices paid for U.S. exports. e. an increase in the demand for U.S. exports.