Which of the Following Is One Way to Improve Your

question 132

Multiple Choice

Which of the following is one way to improve your cultural competency?

• A)Strive for equality and avoid individualism
• B)Be careful about applying the "Golden Rule"
• C)Treat privacy and personal space with care
• D)Follow the tenets of the official religion of the United States
• E)Learn as much about the written language of other cultures as possible

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Definitions:

Equilibrium Dollar Price

Refers to the price level at which the supply of dollars in the foreign exchange market is equal to the demand for dollars.

Flexible Exchange Rates

A foreign exchange system where the value of currencies is determined by market forces without direct government intervention.

Libras

A constellation in the zodiac, symbolized by the scales, or in a financial context, might be mistaken for "libra," which refers to a unit of weight or a former currency.

Freely Floating Exchange Rates

Exchange rates that are determined by the supply and demand for currencies in the foreign exchange market without direct intervention by countries' governments.