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Assume You Are an American Exporter and Expect to Receive

question 120

Multiple Choice

Assume you are an American exporter and expect to receive 50 pounds sterling at the end of 60 days.You can remove the risk of loss due to a devaluation of the pound sterling by:


Definitions:

Dispose

The act of getting rid of something, typically something that is no longer useful or desired.

Psychographics

Psychographics involves the study of consumers' lifestyles, interests, attitudes, and values to understand their purchasing behavior.

Lifestyles

The aggregation of choices, behaviors, and attitudes by which individuals express their personal values, interests, and social identities.

Leisure Time

Free time not consumed by work or essential duties, allowing individuals to engage in activities of their choice for relaxation or pleasure.

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