A Drop in Dollar Price of British Pounds Means That

question 30

Multiple Choice

A drop in dollar price of British pounds means that

• A)fewer dollars are needed to buy British pounds
• B)more dollars are needed to buy British pounds
• C)the mark has appreciated
• D)the dollar has depreciated
• E)British goods are now more expensive to Americans

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Definitions:

Power Distance

The degree to which less powerful members of an organization or society accept and expect power to be distributed unequally.

Cultural Intelligence

The ability to understand, respect, and effectively interact with people from diverse cultural backgrounds.

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Diversity Training

Programs designed to improve interpersonal dynamics by recognizing, respecting, and valuing differences among individuals in the workplace.