Which of the Following Is NOT a Factor Associated with International

question 76

Multiple Choice

Which of the following is NOT a factor associated with international trade not faced by domestic traders?

• A) One party in the trade has to be concerned about foreign exchange risk.
• B) No one legal authority has control over the transaction and legal remedies.
• C) Credit information on opposite parties is often incomplete.
• D) There is one currency involved.

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Definitions:

Persistence

Continued effort or determination to achieve something despite difficulties, failure, or opposition.

Concentration

Concentration refers to the ability to focus one's attention on a specific task or object while ignoring other distractions.

James-Lange Theory

Emotions result from the experience of physiological reactions in the body.

Fear

An emotional response to a perceived threat, which can be real or imagined, leading to fight, flight, or freeze reactions.