Which of the following is not true about currencies and/or prices in global trade?
A) The stability of a floating currency is more questionable than pegged currencies
B) A cost driven product is one with few if any competitors
C) A buying firm is prohibited from using hedging in most countries
D) The supplier can set the price based on his/her firm's costs with a cost driven product
E) A market driven product's prices are set on the world market.
Correct Answer:
Verified
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