Louise is traveling from her home in New York City to Canada to take advantage of some shopping bargains. Which question is most relevant to whether the bargains are likely to be particularly good?

A) Which city is she going to visit?
B) How much money is she planning to spend?
C) What is the currency exchange rate?
D) How much time will she spend in Canada?
E) Which types of items is she shopping for?

Answer: C
Explanation: C) One of the best predictors of whether prices will be relatively lower in Canada is the exchange rate. Choices A, B, D, and E are unlikely to be good predictors of whether Louise will come home with great bargains.

Business

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