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a. Situational needs
b. Functional needs
c. Social needs
d. Psychological needs
e. Knowledge needs
Answer:
b. Psychological needs
Explanation:
-Situational needs are the ones that are related to the customer's environment, place and time.
-Functional needs are the basic ones people need to be able to live.
-Social needs refer to the need people have to relate to the others.
-Psychological needs refer to things pople need for their well-being and being able to function properly.
-Knowledge needs refers to the ones related to learning new things.
According to this, the need the buyer is expressing is a psychological need because your prospect says that they are interested in the product because it is the one best suited for a particular task. The prospect could be able to buy a similar product from someone else but as they consider this as the best one, buying it will make them feel good.
The answer is A. "lack" is a negative word and it is the only drawback.
Answer:
The speculative element of this carry trade is that its success is based upon the belief that there will be no adverse movement in exchange rates or interest rates.
Explanation:
A carry trade is when you borrow a currency that has a low interest rate, then use that money to buy another currency that pays a higher interest rate. You make money on the difference between the interest rates.
Answer:
A. quantitative restriction on an import imposed by the importing country
Explanation:
In international trade when a country want to limit the quantity of a product that is being imported into the country they impose a quota.
A quota is a restriction of the number or monetary value of a product that can be imported into a country.
In most cases this is implemented to promote local industries that produce the product.
Less of the product imported from other countries, the more patronage local industries get.