An Increase in the Dollar Price of the British Pound

question 7

Multiple Choice

An increase in the dollar price of the British pound will

• A) increase the pound price of dollars.
• B) decrease the pound price of dollars.
• C) leave the pound price of dollars unchanged.
• D) cause Britain's terms of trade with the United States to deteriorate.

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Definitions:

3PLs

Third-party logistics providers that offer outsourced logistics and distribution services to businesses.

Vertical Supplier

A supplier that operates within the same industry but at a different level of the supply chain, offering components or raw materials to manufacturers.

IT Gap

The discrepancy between an organization's current technological capabilities and the technology required to achieve its strategic objectives.