Today, the short-run demand and supply of foreign currency originating from financial transactions is
a. much less important than is the demand and supply of foreign currency originating from trade in goods.
b. of equal importance as is the demand and supply of foreign currency originating from trade in goods.
c. much more important than is the demand and supply of foreign currency originating from trade in goods.
d. the only important factor in determining short-run exchange rates.

Nikolas works in a shoe store as a salesperson. a teenage boy comes in looking for comfortable sports shoes because he is going on a hike. he tells nikolas he wants shoes that have velcro straps. nikolas shows him a wide variety of velcro-strapped shoes, but the customer rejects them because they don't feel comfortable. he asks for sports shoes with laces instead. nikolas once again shows him a wide variety. the boy is once again not satisfied and asks to see the velcro-strapped shoes again. nikolas is irritated but doesn't show his annoyance. what customer service skill is nikolas showing? nikolas is a. meekness b. patience c. persistence

Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)

What is used by accountant to analyze transactions ?