Public Versus Private Standards Are Respectively

question 24

Multiple Choice

Public versus private standards are respectively

• A)standards set by public firms vs. standards established by privately-owned companies.
• B)standards established by governments vs. standards set by companies.
• C)standards available for all organizations and industry players versus standards owned by firms or individuals.
• D)free standards versus standards users have to pay for.

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Definitions:

Foreign Exchange Risk

The risk of losing money due to changes in exchange rates affecting transactions in foreign currencies.