Indicate correct codes for the following statements of Assertion (A) and Reason (R).
Assertion (A) The Global Managers must develop systems and policies that address floor price ceiling price and optimum price.
Reason (R) The Global Managers must be in line with global opportunities and constraints.
A. (A) is correct, but (R) is not the right explanation of (A)
B. Both (A) and (R) are correct, but (R) is not the right explanation of (A)
C. Both (A) and (R) are correct, but (R) is the right explanation of (A)
D. Both (A) and (R) are incorrect
Answer: Option C
Related Questions on International Finance and Treasury
A. The British Pound
B. The Japanese Yen
C. The Spanish Peso
D. The US Dollar
Not a profit maximizing business is
A. International Monetary Fund
B. International bank for Reconstruction and Development
C. International Financial Corporation
D. World Trade Organisation
A. Merchandise Payment
B. Service Payment
C. Factory Income
D. Transfer payment
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization
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