Currency Exchange Fluctuations Are Important for a Business to Understand

question 106

Multiple Choice

Currency exchange fluctuations are important for a business to understand because they can ____________________

• A)affect profitability in a international transaction
• B)affect pricing in a country market
• C)affect the competitive advantage of a company
• D)increase costs for imported goods
• E)all of these answers are correct

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Definitions:

Candidate's Success

The achievement of a political candidate in securing a position or office as a result of an election.

Framers

The delegates who attended the 1787 Constitutional Convention and contributed to the drafting and creation of the United States Constitution.

Directly

In a straightforward or unmediated manner; without any intermediary.

Electoral College

A body established by the U.S. Constitution to elect the President and Vice President, comprising electors from each state who vote based on the popular vote in their state.