Other Things the Same,if the Exchange Rate Changes from 41

question 6

Multiple Choice

Other things the same,if the exchange rate changes from 41 Thai bhat per dollar to 35 Thai bhat per dollar,then the dollar has

• A) appreciated and so buys more Thai goods.
• B) appreciated and so buys fewer Thai goods.
• C) depreciated and so buys more Thai goods.
• D) depreciated and so buys fewer Thai goods.

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Definitions:

Managerial Delegation

The process by which managers assign tasks and authority to subordinates.

Job Scope

Refers to the range of responsibilities and tasks that a job entails, including the limits of the job holder’s authority.

Variety of Tasks

A range of different duties or activities that a person performs or is responsible for.

Task Specialisation

The division of labor where individuals or groups focus on a narrow set of tasks, improving efficiency and expertise.