Question

True or False

In most countries, ownership models vary between them with family, business, bank, and government based solutions.

Trading assets that are financial and capital mobility doesn’t affect the Capital Account

The European Union has control of int. rates and inflation from EMU member countries

Answer 1

In most countries, ownership models vary between them with family, business, bank, and government based solutions=TRUE

When I use the term ownership, I mean that teams pick up ownership voluntarily and take responsibility for the results of a product or service. These teams are proactive and have the passion and energy to really make an impact for the users of their product. They work together, give each other feedback, exhibit resilience, are open minded, and learn continuously. They also help other teams to grow. As entrepreneurs, they take ownership of both the strategy and the way it is implemented. In addition, they realize that they own their own challenges, solutions, and customers. The product or service feels like their own child in a beautiful way. This gives teams pride, creativity, energy, passion, and satisfaction in their work.

Ownership = The mental state of a team when they feel accountable for their results. They have chosen to pick up this ownership freely and autonomously. They organize their work proactively, are transparent to each other, and continuously improve. They seek solutions and collaboration and are not searching for excuses.

Ownership cannot be imposed or enforced. It is the voluntary choice of the team to take ownership because being forced does not coincide with passion, energy, and fun. It must be granted by the leader to give the teams the ability to take ownership. It must of course also be rewarded and sustained.

Trading assets that are financial and capital mobility doesn’t affect the Capital Account =FALSE

Trading assets are a collection of securities held by a firm for the purpose of reselling for a profit. They are recorded as a separate account from the investment portfolio and may include U.S. Treasury securities, mortgage-backed securities, foreign exchange rate contracts, and interest rate contracts. Trading assets include those positions acquired by the firm with the purpose of reselling in the near term in order to profit from short-term price movements.

The European Union has control of int. rates and inflation from EMU member countries= TRUE

The European Union (EU) is a group of 27 countries that operates as a cohesive economic and political block. Nineteen of the countries use the euro as their official currency.

The EU grew out of a desire to form a single European political entity to end the centuries of warfare among European countries that culminated with World War II and decimated much of the continent. The European Single Market was established by 12 countries in 1993 to ensure the so-called four freedoms: the movement of goods, services, people, and money.

The EU's gross domestic product (GDP) totaled $15.6 trillion (nominal) in 2019, which was $5.8 trillion less than the United States' $21.4 trillion GDP, according to figures available from the World Bank