Which of the following is true of the IMF's credit tranche?
A. Each credit tranche is equivalent to 50 percent of the member's quota.
B. A member is entitled to four credit tranches.
C. A credit tranche cannot be used to make balance-of-payments.
D. All credit tranches are subject to similar rules or conditions.
B
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Which of the following is an important limitation of the buyer resolution theory?
A) Salespeople find the theory too complex. B) Customers already know what they should buy. C) Few customers ask the question, "What is a fair price?" D) Knowing which decisions are difficult for buyers is difficult. E) Answers provide little insight into customer buying strategies.
An organization buying its raw material from many suppliers is likely to face a decrease in
profits due to the bargaining power held by suppliers. Indicate whether the statement is true or false