In the Late 1990s, Brazil Decided to Reduce the Value

question 23

Multiple Choice

In the late 1990s, Brazil decided to reduce the value of its currency, the real, in order to boost exports and help the economy to move out of a recession. Argentina, the main trade competitor of Brazil in various products, was immediately affected by Brazil's decision, since it would:

• A)increase Argentina's imports and decrease Argentina's trade deficit.
• B)decrease Argentina's exports and increase Argentina's trade deficit.
• C)decrease Argentina's imports and decrease Argentina's trade deficit.
• D)increase Argentina's exports and decrease Argentina's trade deficit.

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Definitions:

Production Planning

The process of organizing and optimizing resources to ensure efficient production and meet delivery schedules.

Work-Centre Master File

is a database or record keeping system that contains detailed information about each work center in a manufacturing plant, including capabilities, standards, and scheduling parameters.

Routing File

A document or digital file that outlines the process steps, materials, and paths to be followed to manufacture a part or assembly.

Dependable Delivery

The consistency and reliability of a supplier or company in delivering products or services to customers within the promised time frame.