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Aneli [31]
3 years ago
8

refers to a system under which a country's currency is nominally allowed to float freely against other currencies, but in which

the government will intervene, buying and selling currency, if it believes that the currency has deviated too far from its fair value.
Business
1 answer:
Temka [501]3 years ago
8 0

Answer:

A Dirty Float

Explanation:

A dirty float or managed float, refers to a floating exchange rate system operated by a country's central bank where there are occasional interventions in the foreign excange markets to influence the demand and supply with the intention of curbing perceived volatilities in the currency.

As stated in the question, the intervention of the Central Bank will usually occur when it believes that the currency has deviated too far from its fair value.

The dirty float system is a buffer against external economic influences that may want to disrupt the foreign exchange market in a country.

Actually, from 1946-1971, many industrialized nations around the world operated the fixed exchange rate system or the Bretton Woods agreement but this changed August 15, 1971, when President Richard Nixon decided to exit the United States from this system and till date most nations that intend to protect their domestic markets and industries against external foreign influences have adopted the dirty float exchange system.

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Explanation:

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6 0
3 years ago
For a Global Strategy, Group of answer choices products tend to be customized to the local market. strategic decisions are decen
dlinn [17]

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CREATES AN ADVANTAGE FROM ECONOMIES OF SCALE.

Explanation:

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Economies of scale simply means that as a company grows and production units increase, a company will have a better chance to decrease its costs.

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3 0
3 years ago
The formula for the production budget is budgeted sales in units plus desired ending merchandise inventory less beginning mercha
Deffense [45]

Answer:

desired ending finished goods units less beginning finished goods units.

Explanation:

production budget can be regarded as budget that gives the calculation of the number of units of particular products which is needed to be manufactured, this is comprises the sales forecast as well as amount of finished goods inventory that is planned to have on hand.

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7 0
2 years ago
You invested $30,000 in BOA, $20,000 in Best Buy, and $50,000 in Harley-Davidson for your portfolio. Betas are 1.8, 1.05 and 1.5
steposvetlana [31]

Answer:

Beta= 1.5

Explanation:

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Total investment= $100,000

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Harley-Davidson= 50,000/100,000= 0.5

<u>To calculate the beta of the portfolio, we need to use the following formula:</u>

Beta= (proportion of investment A*beta A) + (proportion of investment B*beta B)...

Beta= (0.3*1.8) + (0.2*1.05) + (0.5*1.5)

Beta= 1.5

4 0
2 years ago
The range of an area where users can access the Internet via high-frequency radio signals transmitting an Internet signal from a
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3 years ago
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