To be immunized against foreign currency and foreign interest rate risk, an FI should match both the size and maturities of its foreign assets and foreign liabilities.

a. true
b. false

Ans: a. true

Business

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What is the basis for the People's Republic of China's current economic system?

A. Government ownership of all businesses and economic resources B. Private ownership of all business enterprises C. Competition between state-run entities and private businesses D. Congressional planning of industrial output and consumption

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What type of offense can result in the immediate dismissal of a unionized employee, even if no warnings have been issued?

A) attendance violation B) unsafe behavior C) participating in a sanctioned strike D) refusing to perform an activity that is not the union members regular work E) producing substandard or poor quality work

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