A Vehicle Currency Is a Currency

question 76

Multiple Choice

A vehicle currency is a currency

• A) used to trade in the transportation sector, usually dollar, euro, or yen.
• B) whose value lies in its function in transfer pricing.
• C) specifically used in arbitrage deals as a trading medium only.
• D) used for international trade or investment.

Recognize the importance of using simple, clear, and concise language in business communication.

Identify and avoid the use of clichés and jargon in professional writing.

Distinguish between active and passive voice and their effects on message delivery.

Recognize and construct gender-neutral sentences in professional writing.

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Definitions:

Brand Position

The distinctive place a brand occupies in the minds of consumers, relative to competing brands, based on its unique values and attributes.

Liquid

broadly refers to assets or investments that can be quickly converted into cash without significant loss of value or to materials that flow and have no fixed shape.

Power Distance

A cultural dimension that reflects the extent to which less powerful members of organizations and societies accept and expect that power is distributed unequally.

Equality

The state of being equal, especially in status, rights, and opportunities, advocating for the same treatment and absence of discrimination.