Which of the Following Items Is Least Likely to Impact

question 154

Multiple Choice

Which of the following items is least likely to impact a nation's balance of payments?

• A) Gains or losses in exchanges of international currencies
• B) An increase in the GDP
• C) Money spent by tourists
• D) Trade deficits or surpluses
• E) Foreign aid programs

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Definitions:

Industry Trends

Refers to the prevailing directions or developments in any given industry, often determined by consumer behavior, technological advancements, and regulatory changes.

Competitors

Entities, either companies or individuals, that compete in the same industry or market for customers.

Situation Analysis

An assessment of an organization's internal and external environments to understand its capabilities, customers, and business climate.

Marketing Plans

Strategic documents that outline a company’s strategy for promoting its products or services.