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CIMAPRO17-BA1-X1-ENG Exam Questions & Answers

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CIMAPRO17-BA1-X1-ENG Exam Questions & Answers

Vendor: CIMA

Certifications: CIMA Certifications

Exam Code: CIMAPRO17-BA1-X1-ENG

Exam Name: BA1 - Fundamentals of Business Economics Question Tutorial

Updated: Aug 01, 2022

Q&As: 60

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Same Questions from the Latest Real Exam

CIMAPRO17-BA1-X1-ENG Online Practice Questions and Answers

Questions 1

Which of the following statements defines a diseconomy of scale?

A. A reduction in the unit average cost caused by increasing the scale of production in the long run.

B. An increase in the unit average cost caused by increasing the scale of production in the long run.

C. An increase in the unit average cost caused by decreasing the scale of production in the long run.

D. A reduction in the unit average cost caused by decreasing the scale of production in the long run.

Show Answer
Questions 2

Company A is looking to protect itself from transaction exchange rate risk.

Company A does not require 100% of the value of transaction to be protected, and it would like the method it uses to have the following characteristics:

An agreed exchange rate for a specified period where both parties have a legal obligation.

A separation of the contract guaranteeing the price of the currency from the underlying transaction.

Which of the following would best provide the type of protection from exchange rate risk company A wants?

A. Future

B. Option

C. Forward contract

D. Floating exchange rate

Show Answer
Questions 3

For a typical business, which of the following is NOT a potential benefit of globalisation?

A. Lower cost sites for the location of production.

B. Simultaneously improved terms of trade for all countries.

C. Wider sources of supply for inputs.

D. Larger markets for outputs.

Show Answer More Questions

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