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Author Question: Personal selling is a high cost strategy. Indicate whether the statement is true or ... (Read 72 times)

anjilletteb

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Personal selling is a high cost strategy.
 
  Indicate whether the statement is true or false

Question 2

The pound-dollar forward rate for pounds is 1.9068, and the spot rate is 1.9100. Pounds are selling at a ________.
 
  A) discounted premium
  B) backward discount
  C) forward discount
  D) forward premium

Question 3

Which of the following is most likely true regarding options?
 
  A) An option can only be purchased from a commercial bank.
  B) Options are never used with foreign currency.
  C) An option is a right to sell foreign currency.
  D) Options do not provide firms with flexibility.

Question 4

In a ________, one party directs another party to make payment.
 
  A) reverse letter of credit
  B) commercial bill of exchange
  C) commercial bill of trade
  D) confirmed irrevocable foreign-exchange transaction


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todom5090

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anjilletteb

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Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review


ecabral0

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Reply 3 on: Yesterday
:D TYSM

 

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