If for Some Reason Americans Desired to Decrease Their Purchases

question 127

Multiple Choice

If for some reason Americans desired to decrease their purchases of foreign assets,then other things the same

• A)both the real exchange rate and the quantity of dollars exchanged in the market for foreign-currency exchange would fall.
• B)both the real exchange rate and the quantity of dollars exchanged in the market for foreign-currency would rise.
• C)the real exchange rate would rise and the quantity of dollars exchanged in the market for foreign-currency would fall.
• D)the real exchange rate would fall and the quantity of dollars exchanged in the market for foreign-currency would rise.

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Definitions:

Cost Per Contact

A metric that measures the average expense incurred by a company to make a single contact with a potential or current customer, often used in marketing and advertising.

Personal Selling

A sales method involving direct interaction between salespeople and individual customers to persuade the customer to make a purchase.

Advertising

The act of promoting products, services, or brands through various media channels to inform, attract and engage potential customers.

Personal Selling

A direct marketing approach involving face-to-face interaction between a salesperson and a potential customer to persuade them to make a purchase.