Match each global business practice with an example of its use. Insourcing
?
The United States forbids
its citizens from doing
business with a
government that has ties
to terrorist groups.
Conditionality
?
A South Korean car
company opens a factory
in the United States.
Embargo
?
The IMF requires a
government receiving a
loan to balance its budget.

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

The government cuts taxes