Question

terms and statements with missing expressions. Fill in the blanks with the eak (relative to rong (relative to W. Global Business and Accounting (10%) ational Accounting Standards rd appropriate term. ntema Multiply Divide ranslating Marke et economy Foreign trade zones Planned economyForeign Comrupt Practices Act International licensing the foreign currency by (1) To convert a foreign currency to an equivalent dollar amount the foreign exchange rate. the dollar (2) To convert a dollar amount into an equivalent amount of foreign currency amount by the exchange rate. (3) The_ prohibits companies engaged in global activities from bribing officials of foreign countries (4) Goods imported into are duty free. 5) minimizes or eliminates the risk of loss associated with foreign currency Auctuations. (6) In a ownership of land and the means of production are privately held. (7) In athe govemment allocates resources and determines output among various segments of the economy. (8) The process of restating an amount of foreign currency in terms of the equivalent number of the foreign currency. (9) A currency is described as currencies when its exchange rate is rising relative to other (10) A currency is described as currencies. when its exchange rate is falling in relation to other

Answer 1

1	divide
2	multiply
3	Foreign Corrupt Activities Act
4	Foreign trade zones
5	Hedging
6	market economy
7	planned economy
8	translating
9	strong
10	weak