The following are nine global business terms used in this

The following are nine global business terms used in this chapter:Each of the following
statements may describe one of these terms. For each statement, indicate the global business
term described, or answer “None” if the statement does not correctly describe any of the
terms.a. The amount it costs to purchase one unit of currency with another currency. b. Selling a
good or service to a foreign customer. c. A cross-border contractual agreement allowing one
company to use the trademarks, patents, or technology of another company. d. Distinguishes
between illegal influence peddling and legal facilitating payments. e. The practice of minimizing
or eliminating risk of loss associated with foreign currency fluctuations.f. Markets dictate the
allocation of resources and output among segments of the economy. g. The group charged with
the responsibility of creating and encouraging the use of international financial
reportingstandards.
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The following are nine global business terms used in this
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