Which of the Following Statements Concerning Currency Exchange Rates Is

question 126

Multiple Choice

Which of the following statements concerning currency exchange rates is most accurate?

• A)Fluctuations in exchange rates among the world's currencies are of critical importance in global marketing.
• B)Fluctuations in exchange rates among the world's currencies occur,but multinational companies are insulated from the affects because of direct investment.
• C)Exchange rate fluctuations are relatively rare,but they usually have serious long-term consequences.
• D)Exchange rate fluctuations are almost nonexistent due in great part to the stability of the euro.
• E)Exchange rate fluctuations may affect the financial sector but rarely reach the consumer.

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Definitions:

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