Which of the Following Is a Method Used by Countries

question 75

Multiple Choice

Which of the following is a method used by countries to avoid an unfavourable exchange rate?

• A)franchising
• B)licensing
• C)exporting
• D)countertrade
• E)unique bid auction

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Definitions:

Innocently

Without guilt, harm, or malice; in a manner free from wrongdoing or deception.

Induce

To lead or move by persuasion or influence, often to do something.

Rescission

The act of canceling or invalidating a contract, returning all parties to their state prior to the contract.

Award

A formal acknowledgment, often involving a monetary gift, given in recognition of an achievement or as a decision in arbitration and legal matters.