A nation's current account balance is equal to its exports less its imports of

A) goods and services.
B) goods and services, minus U.S. purchases of assets abroad.
C) goods and services, plus net investment income and net transfers.
D) goods and services, plus foreign purchases of assets in the United States.

Continuous improvement is the key to maintaining a competitive advantage.

In the dynamic, shifting, and complex workplaces of today, learning about organizational behavior can help you expand your potential for career success.

Dylan is the global operations manager at Orchid Inc., an American smartphone company. He has planned a strategy to expand the company's business in France. He proposes to analyze different contextual environments in France to understand the long-term business trends and how they might affect Orchid's business in France. Which of the following tools should Orchid use to get a picture of the competitive landscape in France?

A) CATWOE analysis
B) MOST analysis
C) PEST analysis
D) SWOT analysis

When translating into the functional currency, monetary liabilities are translated using the:

A) exchange rate prevailing at the end of the last reporting period.
B) exchange rate current at the date the item was first recorded.
C) exchange rate current at end of reporting period.
D) closing exchange rate.

Some organizations may choose to outsource their transportation needs to third-party logistics (3PL) firms, which may include international freight forwarders, non vessel-owning common carriers, and customs brokers.