If a market basket of goods cost $100 is the US and €70 in France, then the PPP exchange rate would be $.70/€

Indicate whether the statement is true or false.

Answer: FALSE

Business

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The use of derivatives to offset the negative impacts of changes in interest rates, cash flows, or foreign currency exchange rates.

(a) hedging (b) parent (c) fair value hedge (d) effective-interest method

Business

Customer training and customer consulting are two areas for service differentiation that manufacturers can use with their products

Indicate whether the statement is true or false

Business