Which of the following money market investments is a draft written by the borrower and guaranteed by the bank on which the draft is drawn? It is typically used in international trade transactions
The borrower is an importer who writes the draft in payment for goods.
A) Treasury bills
B) repurchase agreement
C) certificates of deposit
D) banker's acceptance
E) commercial paper
Answer: D
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McDonald's serves McAloo Tikki Burger in India, McRice Burger in Malaysia, McOZ Burger in Australia, Kiwi Burger in New Zealand, and McHuevo Burger in Uruguay and McSamurai Burger in Thailand. These menu variations are examples of a:
A) combination of global and local marketing mix elements. B) reflection of failure of U.S. menu items in those countries. C) deviation from successful marketing practices. D) replacement of standard menu names with fancy names. E) selection of menu items that can be sold eventually in U.S. markets.
Forest Foods is an MNE with operations in Asia, Europe, and North America. Forest Foods uses standardized production process and technologies in every market in which it conducts business The operations systems at Forest Foods should most likely be ________.
A) regionally adapted B) locally designed C) nationally customized D) globally integrated