Which of the following is not among the advantages of international trade? * O Increased competition Consumers will not benefit from lower prices O Consumer can enjoy a greater variety of goods Business growth

The key to competing is a global economy that impacts ethics is ____________.     Cultural standards     Labor Costs     Ethical and moral standards     All the above     None of the above

QUESTION 1 "If a market is efficient you cannot make a profit by trading in it.” Discuss whether you think this statement is true.

4. Interest rate parity The rise of globalization is due to the many companies that have become multinational corporations for various reasons-for example, to access better technology, to enter new markets, to obtain more raw materials, to find funding resources, to minimize production costs, or to diversify business risk. This multimarket presence exposes companies to different kinds of risk as well-for example, political risk and exchange rate risk. The relationship between interest rates and exchange rates can be represented through the concept of interest rate parity. Consider the following: An American investor is considering investing $1,000 in default-free 90-day Japanese bonds that promise a 4% annual nominal return. • The spot exchange rate is ¥101.12 per dollar. • The 90-day forward exchange rate is 100.25 per dollar. The investor's annualized return on these bonds-if he or she can lock in the dollar return by selling the foreign currency in the forward market-will be…