All of the Following Are Tips for Avoiding Being Ripped

question 17

Multiple Choice

All of the following are tips for avoiding being ripped off by a quack EXCEPT

• A)sending cash to purchase your item.
• B)ordering only from companies that list addresses,not post office box numbers.
• C)when in doubt,checking out the company with the Better Business Bureau.
• D)reading the ad carefully,especially the small print.

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Definitions:

Absolute Purchasing Power Parity

The theory that exchange rates between currencies are in equilibrium when their purchasing power is the same in each of the two countries.

Exchange Rate

The price of one country's currency in terms of another currency.

Mexican Pesos

The official currency of Mexico, symbolized as $ or MXN in the financial markets.

Political Risk

The risk associated with changes in government policy or political instability that can affect investments in a particular country.