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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

11 months ago

C and D are totally off base.

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Antonio

11 months ago

B is more about trade, not exchange rates.

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Joseph

12 months ago

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

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Glory

12 months ago

I agree, A is spot on.

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Ceola

12 months ago

Definitely A! It's all about currency value.

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Afton

1 year 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

1 year 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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