Which of the Following Is the BEST Way to Exhibit

question 13

Multiple Choice

Which of the following is the BEST way to exhibit safe behavior during training?

• A) Remain focused on training exercise at all times.
• B) Remain focused on training exercise when it seems important.
• C) Be alert for opportunities to play jokes to increase crew morale.
• D) Be alert for ways the training is not what your jurisdiction does exactly and point all those issues out.

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Definitions:

Absolute Purchasing Power Parity

A theory that suggests that in the absence of trade barriers and transportation costs, identical goods will have the same price in different countries when prices are expressed in a common currency.

Covered Interest Arbitrage

A financial strategy to profit from the difference in interest rates between two countries while hedging against exchange rate risks.

Spot Rate

The current market price at which a particular asset, such as a currency, commodity, or security, can be bought or sold for immediate delivery.

Relative Purchasing Power Parity

Relative Purchasing Power Parity (RPPP) is an economic theory which postulates that the rate at which the exchange rate between two currencies will change over time is equivalent to the rate at which their purchasing power converges, essentially due to inflation rates differences.