Chrysler Corp

question 249

Multiple Choice

Chrysler Corp. wanted to sell its Jeeps in Japan. The car was priced in U.S. dollars at about $19,000, but when it reached the Japanese car showrooms, its price was over 3,100,000 Japanese yen, and the Japanese could not afford to buy it. Its price was set without regard for the

• A) balance of price.
• B) currency exchange rate.
• C) reciprocity price.
• D) balance of payments.
• E) balance of trade.

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Definitions:

Dread

An intense feeling of fear or apprehension about something that is perceived as threatening or dangerous.

Contingency

An upcoming occurrence or situation that may happen but whose certainty cannot be guaranteed.

Classical Conditioning

Classical conditioning is a learning process where a biologically potent stimulus is paired with a previously neutral stimulus, resulting in a learned response to the neutral stimulus.

US

A country located in North America, known officially as the United States of America, characterized by a federal republic governmental structure.