Which of the Following Statements Concerning Currency Exchange Rates Is

question 172

Multiple Choice

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

• A) Short-term exchange rate fluctuations can have a significant effect on the profits of global companies.
• 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, and when they occur, their effects are minimal.
• D) Exchange rate fluctuations are now 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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The state of being calmed or induced into a sleep-like state through the administration of sedative drugs.

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A psychological and physical inability to stop consuming a chemical, drug, activity, or substance, despite it causing psychological and physical harm.

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Describes something that achieves a desired goal or outcome in a powerful, efficient, or productive manner.