All of the Following Are Common Measures Used to Manage

question 19

Multiple Choice

All of the following are common measures used to manage currency fluctuation in international purchasing except _____.

• A)letters of credit
• B)purchase in U.S.dollars
• C)sharing currency fluctuation risk
• D)currency adjustment contract clauses
• E)currency hedging

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Definitions:

Hierarchic Interaction

A concept referring to an organized manner in which entities interact within a system, emphasizing levels of control or importance.

Principals of Systems

Fundamental concepts or rules that govern the operation and function of systems.

Homeorhesis

A concept referring to the maintenance of a dynamic equilibrium or steady state in living organisms through changing processes and conditions.

Homeostasis

The self-regulating process by which biological systems maintain stability while adjusting to conditions that are optimal for survival.