Question 25 3.33 pts Skip to question text.
If the U.S. $ doubles in value against the Japanese Yen between October 2014 and
October 2015, then U.S. companies that export to Japan will (most likely) be able to
improve their profit margins from the Japanese market.
Question 22 3.33 pts
Which of the following product attributes is best suited to be shared on a global basis
without the need to be perfected locally?
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Aesthetic characteristic of the product that is specific to culture |
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Extent of customer service provided |
Question 23 3.33 pts
Product homologation implies:
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making changes to a product in a foreign country that are mandated by local product standards |
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keeping product identical in all markets worldwide |
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having one domestic version of product and one foreign version for all markets outside home country |
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not participating in foreign markets at all |
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making inferior quality products for foreign markets |
Question 24 3.33 pts
Which of the following statements is FALSE?
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political factors such as type of government in power has no bearing on the value of the country’s currency in the foreign exchange market |
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the U.S. dollar is a widely accepted currency in the foreign exchange market |
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if a country decreases its interest rates, the value of its currency is likely to decrease in the foreign exchange market |
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as international marketers we need to be aware of foreign exchange rates, and how these rates can change over time. |
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In terms of various foreign exchange market participants, banks trade the most volume of currency. |
