Secondary Data

question 94

Multiple Choice

Secondary data

• A) may provide some background, but never provides the answer.
• B) is information that has been collected already.
• C) is rarely available and is expensive.
• D) is specifically collected to solve a current problem.
• E) can be in the form of online surveys or observations.

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Definitions:

Exports

Products or services shipped from one country to another for the purpose of sale or exchange.

Arbitragers

Individuals or entities that attempt to profit from differences in prices across markets by simultaneously buying and selling similar or identical assets.

Pakistani Rupees

The official currency of Pakistan, used as a medium of financial transaction within the country.

Real Exchange Rate

The rate at which the currency of one country can be exchanged for the currency of another country, adjusted for inflation.