What Is a Country's Exchange Rate Based On

question 96

Multiple Choice

What is a country's exchange rate based on?

• A)The rate at which its currency can be exchanged for currencies of other countries
• B)The number of foreign banks it has
• C)Tariffs and related trade restrictions
• D)The relationship between its imports and exports

---

Definitions:

Rewards and Punishments

Mechanisms intended to influence behavior by providing positive or negative consequences for actions.

Upward and Lateral Influence

Involves the ability to affect decision-making processes and outcomes within an organization, not only vertically in the hierarchy but also horizontally across departments.

Satisfactory Benefits

Perks or compensations provided by employers that meet or exceed the expectations of employees, contributing to job satisfaction and retention.

Resources

Available assets or inputs (like time, money, labor) that can be utilized to achieve goals or operations.