Solved: Briefly describe any four elements of culture, Microeconomics

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Briefly describe any four elements of culture

Questions:

1. Briefly describe any four elements of culture. Provide an example of each.

2. What is ethnocentricity? Why it is important for international business? (research)

3. Define Cultural diffusion and cultural imperialism. (research)

4. Differentiate between the current account and the financial account for a country. Describe all components of both accounts.

5. Describe the significance of the Bretton Woods System.

6. Exchange rate: what is a direct quote? Indirect quote?

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Microeconomics: Briefly describe any four elements of culture

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