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Mashcka [7]
3 years ago
9

The East Asian financial crisis of the 1990s: Showed how trade partners are unreliable Made countries stop investing in China si

nce India was experiencing an economic boom and was opening up. Forced countries in the region to import more and export less. Was not caused by financial contagion Was associated with moral hazard and fixed exchange rates
Business
1 answer:
FromTheMoon [43]3 years ago
7 0

Answer:

The East Asian Financial Crisis of the 1990s:

Was associated with moral hazard and fixed exchange rates.

Explanation:

The countries which suffered adverse distress from the financial crisis were Indonesia, South Korea, and Thailand.  The financial meltdown followed the collapse of the hot money bubble, whereby high interest rates and fixed foreign exchange rates were pegged to the U.S. dollars by these mostly exporting countries.  The practice largely favored these Asian exporters until the bubble burst, starting from July of 1997.  And the consequences and lessons now remain Economics and History topics.

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Identify which basic principle of accounting is best described in each item below.
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Answer:

The Matching Principle

Explanation:

The Matching Principle of accounting holds that revenues should be matched with expenses. Hence the name.

This is to say, that revenues should only be recognized when the associated expenses with those revenues have been spent.

For example, in numeral a), we can see that Norfolk Southern Corporation recieved cash in advance, but it only recognized revenue once it had performed the services associated with that cash collection.

4 0
3 years ago
Doug, as a new project manager, has been described by his subordinates as not being a servant leader. Which of the following ite
const2013 [10]

Answer:

C) Doug tells his employees that he needs to know everything that is going on in the department, especially if someone is NOT buying into the project goals.

Explanation:

A servant leader is a leader that believes his/her main goal is to serve the organization. Servant leaders usually value employees' contributions and generally looks for them.

If Doug wants to know who is not buying into the project goals, he is not valuing employees' contributions, he is trying to impose his own views and ideas.  

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4 years ago
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3 0
3 years ago
You are the CFO of a US firm whose wholly owned subsidiary in Mexico manufactures component parts for your U.S. assembly operati
PSYCHO15rus [73]

Answer:

Explanation:

When the Peso depreciates by 30%, the firm can save money on the costs of production as the inputs would be less costly but the market for the firm in Mexico would be affected negatively as the depreciation of the peso would mean that now, the consumer can buy more goods with the same amount of money which will increase the demand. The loans that the subsidiary has taken would also be affected as it has to pay more for the collateral.

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8 0
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If you are someone who performs services at other people’s homes, you cannot have a small business.
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