External Forces Affecting Channels Cannot Be Completely Controlled by the Retailer

question 102

True/False

External forces affecting channels cannot be completely controlled by the retailer or any other institution in the supply chain,but they need to be taken into account when retailers make decisions.

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Definitions:

Balance on Current Account

Refers to the difference in value between a country's exports and imports of goods, services, investment incomes, and transfers.

Capital Account Balance

A component of the balance of payments which records net changes in a country's international financial assets and liabilities, including direct investment, portfolio investment, and other investments.

U.S. Dollar

The official currency of the United States and a primary reserve currency used globally in international transactions.

Foreign Exchange

The trading of currencies on the forex market, allowing for the conversion of one currency into another.