________ refers to that nominal interest rates (i) in each country equal the required “real” rate of interest (r) and the expected rate of inflation over the period for which the funds are to be lent (l); that is, i = r + l.

单项选择题Civil law system is a system of law based on a detailed set of__________.

单项选择题Intellectual property is the property of __________.

单项选择题Globalization refers to the shift toward a more integrated and ___________ world economy.

单项选择题Market economy is an economic system in which the interaction of _____________ determines the quantity in which goods and services are produced.

单项选择题Inefficient market is one market in which prices _________ all available information.

单项选择题Balance-of-payments accounts are national accounts that track both_________ and ________ foreigners.

单项选择题Arbitrage is the purchase of securities in one market for immediate resale in another to profit from a _________.

单项选择题Import quota a direct restriction on the_________ of a good that can be imported into a country.

单项选择题_________ is the rate at which one currency is converted into another.

单项选择题Processes are the__________ in which decisions are made and work is performed within any organization.