Answer:
The floating exchange system
Explanation:
The floating exchange rate is a system where the Forex market determines the currency price of a country relative to other currencies. The forces of demand and supply drive the prices.
In the floating exchange system, governments do not directly fix their exchange rates as they do in the fixed-exchange-rate. However, through central banks' monetary policies, governments try to keep their currency prices competitive for international trade.
Answer: a) discourage news coverage of the event.
Explanation:
Act quickly in extreme situations. By discouraging news coverage of the event, Let your customers know that you are aware of the present situation and you are doing everything possible to resolve the issue as soon as possible.
You can also talk to publishers to remove negative content. Do not censor bloggers as this would raise red flags, which would make matters worse. Instead, try and see reasons with them why publishing such slanderous and unfounded comments are not healthy for your business.
Answer:
B. The maximum that a creditor will allow a customer to owe at any point in time
Explanation:
Credit limit also referred to as a credit line is the maximum amount of money a lender can extend to a client. Lenders often times set the credit limit based on the individual's credit history. This is to determine if the client is credit worry.
There are two categories of borrowers, which are; high-risk borrowers and low-risk borrowers.
Answer: The available balance for your account may differ from the current balance because of pending transactions that have been presented against the account, but have not yet been processed.
Explanation:
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Multinational Corporations (MNCs) set up their factories or production units close to markets where they can get desired type of skilled or unskilled labour at low costs along with other factors of production. After ensuring these conditions MNCs set up production units in the following ways :
(a) Jointly with some local companies of the existing country.
(b) Buy the local companies and then expand its production with the help of modern technology.
(c) They place orders for small producers and sell these products under their own brand name to the customers worldwide.
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