For a given change in interest rates, fixed-rate liabilities with longer-term maturities will have smaller changes in price than liabilities with shorter maturities.

Mass merchandisers are usually high-markup, lower-volume stores

Indicate whether the statement is true or false

Domestic-based export agents perform a valuable service for companies seeking to enter foreign markets. The primary function of these agents is to ________

A) carry on exporting activities on behalf of several producers B) buy the manufacturer's products and then sell them abroad C) buy foreign products and sell them in the domestic country D) seek and negotiate foreign purchases for a commission E) produce and export products to foreign countries