Which of the following is not a possible explanation for why significant deviations from covered interest parity were observed during the recent global financial crisis? select one:
a. a crisis-induced worsening of existing impediments to financial trade .
b. an inability of cash-poor institutions to be able to engage in covered transactions.
c. a decline in trust among banks that trade bonds internationally.
d. crisis-induced increases in mobility of an substitutability among internationally traded bonds.

Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.