1. The role of International Organization of Securities Commissions (IOSCO) is most likely to: A. assist in attaining the goal of cross-border cooperation in combating violations of securities laws. B. be responsible for regulating financial markets of member nations. C. be the oversight body to which the International Accounting Standards Board (IASB) reports.   2.… Read More

1. According to David Ricardo, comparative advantage is determined by: A. exchange rate. B. net exports. C. labor productivity. 2. Three countries operate within a free trade area. One country proposes moving to a customs union structure. What additional level of economic integration between the countries would most likely arise if this change took place?… Read More