_____ Is a Form of E-Commerce in Which the Length

question 16

Multiple Choice

_____ is a form of e-commerce in which the length of the sales process varies from a few hours to a few days, and there are one or two people involved in the decision-making process.

• A) Consumer-to-business (C2B) e-commerce
• B) Business-to-business (B2B) e-commerce
• C) Consumer-to-consumer (C2C) e-commerce
• D) Business-to-consumer (B2C) e-commerce

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Definitions:

Rate of Inflation

The percentage increase in the price level of goods and services in an economy over a period of time, typically calculated annually.

U.S. Exports

Goods and services produced in the United States and sold to other countries, contributing to the country's GDP.

Freely Flexible Exchange Rates

An exchange rate system in which the value of currencies are determined by the open market and subject to the forces of supply and demand without direct intervention by central banks.

American Trade Deficit

occurs when the total amount of goods and services the United States imports exceeds the amount it exports, leading to a net outflow of domestic currency to foreign markets.