Restrictions on the Transfer or Exchange of a Given Foreign

question 51

True/False

Restrictions on the transfer or exchange of a given foreign country's currency is an example of an economic risk.

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Definitions:

Contingency

An event or condition that is possible but cannot be predicted with certainty.

Motion Study

An examination and analysis of the movements involved in performing a task to improve work efficiency by reducing wasteful motions.

Subsystem

A smaller component of a larger system.

Open System

An organization or entity that interacts with its environment by exchanging information, resources, and influences with its context.