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Begin Session 5 Chapter 2-The external business environment

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Business

Professional Development

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Begin Session 5 Chapter 2-The external business environment
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9 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The price of one currency in terms of another is called:

the tax rate

inflation

the exchange rate

the interest rate

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

As prices increase, demand will

rise

fall

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

As prices increase, supply will

rise

fall

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business which has offices in several countries must perform all financial operations in one country.

true

false

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business which operates globally has an increased risk of its data being compromised.

true

false

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An increase in interest rates encourages increases in:

savings

borrowing

consumer spending

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What would happen if the exchange rate of the Euro increases against the pound?

EU goods would become cheaper to buy in the UK

UK businesses would expect to sell less in the EU

UK goods would become cheaper to buy in the EU

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