Your US-Based Company Is Selling Parts to a Company in Chile

question 45

Multiple Choice

Your U.S.-based company is selling parts to a company in Chile and the company will pay you 9.8 million pesos in 3 months. The current exchange rate is 490 pesos/US$. If the exchange rate at the time of payment is 510 pesos/US$

• A)you earn additional profit.
• B)the Chilean company will end up paying more for the goods.
• C)the Chilean company will end up paying less for the goods.
• D)you earn less profit.

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Definitions:

Practice

The repeated exercise or performance of an activity or skill so as to acquire or maintain proficiency in it.

Perseveration

is the repetition of a particular response, such as a word, phrase, or gesture, despite the absence or cessation of a stimulus.

Infant's Tendency

Refers to the natural inclinations or predispositions observed in infants, such as tendencies toward certain behaviors or reactions.

Movement

The act or process of changing physical location or position, often referring to the capability of organisms or parts of organisms to do so.