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CIPS A6 Exam - Topic 1 Question 26 Discussion

Actual exam question for CIPS's A6 exam

Question #: 26
Topic #: 1

[All A6 Questions]

Which of the following best describes 'exchange rates'?

AThe value of one country??s currency measured against that of another

BThe amount of business transacted between one country and another

CThe extent of barter transactions in a particular economy

DThe speed with which a company receives payment for goods or services it has sold.

Show Suggested Answer

Suggested Answer: B

by Mari at May 07, 2022, 06:12 AM

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Camellia

8 months ago

C and D are totally off base.

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Antonio

9 months ago

B is more about trade, not exchange rates.

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Joseph

9 months ago

Wait, is it really just about currency? Seems too simple.

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Glory

9 months ago

I agree, A is spot on.

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Ceola

9 months ago

Definitely A! It's all about currency value.

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Afton

9 months ago

Hmm, I'm a bit unsure about the difference between options A and B. I'll need to think this through carefully.

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Meaghan

10 months ago

Hmm, I'm a little unsure about option B. Purchasing subscriber lists doesn't sound like the best idea, even if it's from a "reputable" company. I think I'll stick to the other options that involve getting direct opt-ins from customers.

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