The Extent to Which Inventory Financing May Be Used Depends

question 78

Multiple Choice

The extent to which inventory financing may be used depends on

• A) marketability of pledged goods.
• B) price stability of goods.
• C) how perishable the goods are.
• D) all of the other answers are correct

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Definitions:

Exchange Rate

The value of one currency for the purpose of conversion to another, indicating how much of one currency can be exchanged for another currency.

Current Account Deficit

A situation where a country's total imports of goods, services, and transfers exceed its total exports, indicating that it is spending more on foreign trade than it is earning.

Doubled

Increased by 100%, or made twice as large in amount or number.

Tripled

Increased or expanded to three times the original size or amount.