Recent research on opinion leadership has called into question the traditional view that there are ________ opinion leaders, whose recommendations people see for all purchases

An argument against the North American Free Trade Agreement centered on the fear that ratification would result in:

A. low interest rates in the Unites States and Canada. B. mass exodus of jobs from the United States into Mexico. C. a move toward a common currency for NAFTA member nations. D. competition from the members of the European Union. E. high inflation in the United States and Canada.

If the tax code is convex and the forward rate equals the expected future spot rate, why would a firm prefer to pay taxes on the hedged value of a foreign currency cash flow rather than

wait to pay the taxes on the realized foreign currency cash flow?