In 1998, What Occurred as a Result of the Russian

question 6

Multiple Choice

In 1998, what occurred as a result of the Russian ruble being devalued?

• A) The price of goods imported into Russia dropped.
• B) The price of goods imported into Russia increased.
• C) Russian firms had more buying power overseas.
• D) Foreign firms stopped outsourcing to Russia.

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Definitions:

Direct Mail

A marketing strategy that involves sending promotional materials or products to potential customers through postal mail.

Account Opportunity Level

A rating or assessment of the potential value or profitability that a particular customer or account could bring to a company.

Product

is any good, service, or idea that can be offered to a market to satisfy a want or need.

Swiss-Based Manufacturer

A company that engages in the production of goods and is headquartered in Switzerland.