Suppose 60% of U

question 116

Multiple Choice

Suppose 60% of U.S. trade is with England and the rest is with Japan. If the dollar rises by 20% against the pound but falls by 20% against the yen, what is the percentage change in the effective exchange rate of the United States?

• A) -12%
• B) -4%
• C) ±0%
• D) -8%

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Technology Platform

The underlying technology and software that businesses use to launch products, services, or run their operations more effectively and efficiently.

Service Delivery Model

A framework that defines how services are delivered to customers by an organization, including the processes, people, and technologies involved.

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Electronic human resources functions that leverage internet technology for more efficient and effective HR management practices.