For an Exporter,there Is a Strategic Advantage in Quoting Prices

question 51

True/False

For an exporter,there is a strategic advantage in quoting prices in the importer's currency and reducing the currency fluctuation risk with a forward market hedge or a money market hedge.

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Definitions:

Positive Reinforcement

A method in behavioral psychology to increase the likelihood of a desired response by rewarding it.

Organizational Behaviour Modification

A technique used within organizational psychology to improve employee behavior through a system of rewards and penalties.

Self-regulation

The ability of an individual to manage their own thoughts, emotions, and behaviors to achieve goals or adhere to standards.

Triadic Reciprocal Causation

A model in psychology that explains human behavior with the interaction between personal factors, behavior, and environmental factors.