Which of the following is true about the taxation of expatriates?

A) not required to pay any taxes while working overseas
B) most employers will not reimburse for double taxation
C) may face fines from the home country for working abroad
D) may receive a tax bill from both the host and home country

D

Business

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What is arbitrage? Assume that the dollar is quoted $1 = £0.625 in New York and the pound sterling is quoted as

£1 = $1.63 in London. Is there an arbitrage opportunity? If so, what would an astute trader do? What will happen to the quotes as trades are made at current prices?

Business

Flowcharts are used to

A) summarize large amounts of statistical data. B) show the relative sizes of the parts of a whole. C) show how something looks or operates. D) illustrate processes and procedures.

Business