Under a managed float ________

A) currency values are determined only by private sector forces
B) central banks sometime manipulate exchange rates
C) countries agree to exchange paper currencies for gold
D) countries may adopt any exchange rate system

B

Business

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When rapid entry into a foreign market is needed, a joint venture is not appropriate.

A. True B. False

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Which of the following is a measure of the aggregate price level of collections of pre-selected stocks?

A) NASDAQ B) S&P 500 C) NYSE D) Euronext

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