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MNB701 MCQ ASSIGNMENT 6 2023 ANSWERS

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THE DOCUMENT CONTAIN QUESTIONS AND ANSWERS FOR ASSIGNEMTN 6 2023











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Uploaded on
May 15, 2023
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MNB3701 ASS 6 2023 0717513144




DISCLAIMER
THE DOCUMENT CONSISTS OF MNB3701 2023 POSSIBLE MCQ QUESTIONS AND
THEIR PROPOSED SOLUTIONS. THIS IS NOT AN OFFICIAL DOCUMENT FROM UNISA
BUT IT IS A GUIDE THAT WOULD HELP STUDENTS ON ANSWERING QUESTIONS OF
SIMILAR NATURE. FOR EXPLANATIONS, STUDENTS CAN CONTACT THE FOLLOWING
DETAILS:



CALL/WHATSAPP/TEXT MESSAGE ON:




EMAIL ON:

, MNB3701 ASS 6 2023 0717513144

Which one of the following statements about the Bretton Wood system is correct?


a.
A system in which the value of most major currencies is maintained by fixing prices.

b.
A system in which the government allow demand and supply to determine exchange
rates.

c.
A system in which all currencies are pegged at a fixed rate to the Euro as a common
denominator.

d.
A system in which all currencies are pegged at a fixed rate to the US dollar as a
common denominator.


***********************************************************************
One of the main aims of the World Trade Organisation (WTO) is to _________.


a.
determines how nations should trade internationally.

b.
determines the exchange rates between nations.

c.
settle trade disputes between nations.

d.
make trade deals for nations.
************************************************************************
Instrumental view refers to stakeholder perspective which suggest_____________.


a.
that treating stakeholder well may reduce negative publicity for a firm.

b.
that treating stakeholders well may indirectly help the financial performance of a
firm.

, MNB3701 ASS 6 2023 0717513144


c.
that firms should focus on activities that are beneficial to the firms and its stakeholders.

d.
that firms ought to be self-motivated to do the right thing because they have obligation
to society.


**************************************************************************************
The international monetary system that maintain a flexible exchange rate policy with no
common denominator is known as _________


a.
The gold standard

b.
The Bretton Woods system

c.
The European Financial system

d.
The post-Bretton Woods system


***************************************************************************************
Countries with lower environmental standards are commonly called ____________.


a.
Safe havens.

b.
Footloose plant.

c.
Pollution havens.

d.
Stakeholder friendly.

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