首页
登录
职称英语
When companies do business overseas, they come in contact with people from
When companies do business overseas, they come in contact with people from
游客
2024-10-23
34
管理
问题
When companies do business overseas, they come in contact with people from different cultures. These individuals often speak a different language and have their own particular custom and manners. These differences can create problems.
For example, in France, business meetings begin promptly at the designated time and everyone is expected to be there. Foreign business people who are tardy are often left outside to cool their heels as a means of letting them know the importance of promptness. Unless one is aware of such expected behaviors he may end up insulting the people with whom he hopes to establish trade relations.
A second traditional problem is that of monetary conversions. For example, if a transaction is conducted with Russia, payment may be made in rubles. Of course, this currency is of little value to the American firm. It is, therefore, necessary to convert the foreign currency to American dollars. How much are these Russian rubles worth in terms of dollars? This conversion rate is determined by every market, where the currencies of countries are bought and sold. Thus there is an established rate, although it will often fluctuate from day to day. For example, the ruble may be worth ’0.75 on Monday and ’0.72 on Tuesday because of an announced wheat shortage in Russia. In addition, there is the dilemma associated with converting at ’0.72. Some financial institutions may be unwilling to pay this price, feeling that the ruble will sink much lower over the next week. As a result, conversion may finally come at ’0.69. These "losses" must be accepted by the company as one of the costs of doing business overseas.
A third unique problem is trade barriers. For one reason or another, all countries impose trade barriers on certain goods crossing their borders. Some trade barriers are directly related to exports. For example, the United States permits strategic military material to be shipped abroad only after government permission has been obtained. Most trade barriers, however, are designed to restrict import. Two of the most common import barriers are quotas and tariffs. [br] According to the passage, conversion rates ______.
选项
A、are always changing
B、are determined by financial institutions
C、are agreed upon by two wading countries
D、vary from day to day
答案
D
解析
见第三段第七句话“... although it will often fluctuate from day to day”,fluctuate有“波动”之意。
转载请注明原文地址:https://tihaiku.com/zcyy/3814468.html
相关试题推荐
Withthedevelopmentoftheglobaleconomy,manycompaniesengageinaworl
Withthedevelopmentoftheglobaleconomy,manycompaniesengageinaworl
Withthedevelopmentoftheglobaleconomy,manycompaniesengageinaworl
Withthedevelopmentoftheglobaleconomy,manycompaniesengageinaworl
Withthedevelopmentoftheglobaleconomy,manycompaniesengageinaworl
Withthedevelopmentoftheglobaleconomy,manycompaniesengageinaworl
Withthedevelopmentoftheglobaleconomy,manycompaniesengageinaworl
Withthedevelopmentoftheglobaleconomy,manycompaniesengageinaworl
Withthedevelopmentoftheglobaleconomy,manycompaniesengageinaworl
Withthedevelopmentoftheglobaleconomy,manycompaniesengageinaworl
随机试题
Thefirstruleoffinanceistolivewithinyourmeansbyspendingnomoret
SupposeyouareLiMing.Youareafreshmanandplanningtoapplyforabankloa
[originaltext]Anelementaryschoolbusdriverpulledintoagasstationin
Ablindbabyisdoublyhandicapped.Notonlyisitunabletosee,butbecaus
DowesGinting,themostwantedmanonSumatraIsland,laydying.Hehadaban
Wehavearrivedatanimportantmomentin【B1】______thethreatposedtoourn
毛伟出生在一个普通的工人家庭。在毛伟的记忆中,父母两天一小吵三天一大吵,经常因为
患心火亢盛之心悸、失眠者,需用朱砂治疗,下列说法不正确的是A.只宜入丸、散,不宜
材料净用量的确定方法不包括()。A.理论计算法 B.经验法 C.经验估计法
如上上题所述,则发电机输出的无功功率为()kVar (A)1026.52(B
最新回复
(
0
)