D. Descriptive economics C. D. Harbury, Professor of Economics and Head of Department of Social Science and Humanities. City University Offers a comprehensive description of the British economy. The book summarizes the theory underlying economics and the factual and institutional framework of the British economic system. Graphs, maps, harts and exercises help to illustrate and extend the text E Telecommunication Systems I P H Smale, Coventry Technical College Completely covers the TEC unit of the same name---explaining the basic systems used in all telecommunication processes. Adopts a block diagram approach in order to map out the structure and establish main functional units Electromagnetic waves, radio and TV systems, telephone equipment, networks and switching, and radar and data systems are all covered Part two Questions 8-12 Read this text about financial risks. Choose the best sentence from the list a -i to fill each of the blanks. For each blank 8-12 mark one letter A-I on your Answer Sheet. Do not mark any letter twice Financial risks Several types of financial risk are encountered in international marketing; the major problems cks. Commercial risks are handled essentially as normal credit risks encountered in day-to-day business. They include solvency default to pay bills. The major risk, (8) which can only be dealt with through consistently effective management and marketing. One unique risk encountered by the quality of goods delivered, a dispute adjustments. Such risk is encountered when a controversy arises about the quality of goods delivered, a dispute over contract terms, or(9) shipped several hundred tons of dehydrated potatoes to a distributor in Germany. The distributor were reducing the price, reselling the potatoes, or shipping them home again, each involving cons Political risk relates to the problems of war or revolution currency inconvertibility, expropriation or expulsion, and restriction or cancellation of import licenses. Political risk is an environmental concern for all businesses. Management information systems and effective decision-marking processes are the best defenses against political risk. As many companies have discovered, sometimes there is no way to avoid political risk, (10D. Descriptive Economics C. D. Harbury, Professor of Economics and Head of Department of Social Science and Humanities. City University Offers a comprehensive description of the British economy. The book summarizes the theory underlying economics and the factual and institutional framework of the British economic system. Graphs, maps, charts and exercises help to illustrate and extend the text. E. Telecommunication Systems I P. H. Smale, Coventry Technical College Completely covers the TEC unit of the same name——explaining the basic systems used in all telecommunication processes. Adopts a block diagram approach in order to map out the structure and establish main functional units. Electromagnetic waves, radio and TV systems, telephone equipment, networks and switching, and radar and data systems are all covered. Part Two Questions 8 - 12  Read this text about financial risks.  Choose the best sentence from the list A-I to fill each of the blanks.  For each blank 8 - 12 mark one letter A-I on your Answer Sheet.  Do not mark any letter twice. Financial Risks Several types of financial risk are encountered in international marketing; the major problems include (B) commercial, political and foreign exchange risks. Commercial risks are handled essentially as normal credit risks encountered in day-to-day business. They include solvency, default to pay bills. The major risk, (8) ____ which can only be dealt with through consistently effective management and marketing. One unique risk encountered by the quality of goods delivered, a dispute adjustments. Such risk is encountered when a controversy arises about the quality of goods delivered, a dispute over contract terms, or (9) _____ one company, for example, shipped several hundred tons of dehydrated potatoes to a distributor in Germany. The distributor were reducing the price, reselling the potatoes, or shipping them home again, each involving considerable cost. Political risk relates to the problems of war or revolution, currency inconvertibility, expropriation or expulsion, and restriction or cancellation of import licenses. Political risk is an environmental concern for all businesses. Management information systems and effective decision-marking processes are the best defenses against political risk. As many companies have discovered, sometimes there is no way to avoid political risk, (10) _____