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Which of the Following Would Act as a Market Force

question 83

Multiple Choice

Which of the following would act as a market force during the development of a pay structure?


Definitions:

International Payment Transfers

Financial transactions that involve the sending of money across international borders.

Global Telecommunications

Worldwide infrastructure and services for the exchange of information through electronic networks.

Commercial Letter

A formal document used in business transactions that typically contains specific information and terms regarding a deal or agreement.

Documentary Collection

A process where a seller uses a bank as a medium to collect payment from a buyer when the goods are delivered.

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