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73. High inflation, increasing current account deficits and foreign debt are elements of which type of macro situation? A. business cycle B. political manocuvre C. legal fracture D. economic instability 74. When a firm is considering going global, it needs to assess not only current (economic) conditions, but also whether or not those conditions are А. favourable. B. competitive. C. sustainable. D. practical 75. A widespread downturn in activity, usually indicated by successive periods of negative economic growth, is referred to as a: A. mild depression B. contraction leading to a recession C, consequence of disinvestment D. source of real GDP
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Answer #1

Ans 73: D. Economic instability

Ans 74: C. sustainable

Ans 75: B. contraction leading to a recession

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