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Because of International Time Lags Between Ordering and the Receipt

Question 89

Multiple Choice

Because of international time lags between ordering and the receipt of goods, a depreciation of a currency:


A) will not change import or export volumes for a time, since prices on orders already placed cannot be renegotiated.
B) will immediately change import and export volumes, because buyers and sellers always include an opt-out clause.
C) will affect import and export volumes in third countries not party to the particular transaction.
D) will never change import or export volumes.

Correct Answer:

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