By External Balance, Most Economists Mean

question 28

Multiple Choice

By external balance, most economists mean

• A) avoiding excessive imbalances in international payments.
• B) balance between exports and imports.
• C) balance between the trade and service accounts.
• D) what amounts to fixed exchange rates.
• E) imbalance in internal transactions.

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Definitions:

Consistent Message

Communication that is uniform and coherent across all marketing channels, ensuring that the brand's image and values are reinforced with each consumer interaction.

Promotion Alternatives

Different strategies companies use to market their products or services to consumers or other businesses.

Promotional Mix

The combination of marketing tools used by a business to execute its marketing strategy, including advertising, sales promotion, public relations, personal selling, and direct marketing.

Direct Marketing

The practice of delivering promotional messages directly to potential customers on an individual basis rather than through a mass medium.