The implied foreign interest rate computed using spot and forward exchange rates may be lower than the actual foreign interest rate if the foreign country has a high ________

A) default risk
B) inflation risk
C) depreciation risk
D) none of the above

Answer: A

Business

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Wok Corp. has decided to expand the scope of its business. In this connection, it contemplates engaging several agents. Which of the following agency relationships is within the statute of frauds and thus should be contained in a signed writing?

A. A sales agency. B. An irrevocable agency. C. An agency of indefinite duration but terminable upon 1 month's notice. D. An agency for the forthcoming calendar year entered into in mid-December of the prior year.

Business

In which approach to collecting perception data are respondents often required to rate all possible pairs of brands or stimuli in terms of similarity on a Likert scale?

A) direct B) preference C) derived D) indirect

Business