Which of the following will improve your supplier contracting bargaining position
a. Your supplier merges with an alternative supplier
b. You redesign your component requirements to be more flexible across different potential suppliers
c. You redesign your component requirements so that your preferred supplier is more integral to product success
d. Your supplier's chief competitor has exited the market
a
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In a flexible exchange-rate system, the value of a currency is determined by
A) the government. B) the intersection of the IS and LM curves. C) the demand and supply for the currency in the foreign exchange market. D) Swiss gnomes.
At the original exchange rate an import quota
a. creates a surplus in the market for foreign-currency exchange, so the exchange rate rises. b. creates a surplus in the market for foreign-currency exchange, so the exchange rate falls. c. creates a shortage in the market for foreign-currency exchange, so the exchange rate rises. d. creates a shortage in the market for foreign-currency exchange, so the exchange rate falls.