International Businesses Like a Fixed Exchange-Rate System Because

question 53

Multiple Choice

International businesses like a fixed exchange-rate system because

• A)they like large swings in currency values when devaluation or revaluation occur.
• B)they profit by speculating on devaluation or revaluation.
• C)they can plan better if they know what the exchange rate will be.
• D)fixed exchange rates are economically efficient.

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Definitions:

Packaging

The materials and methods used to wrap or protect goods for sale, storage, or shipment, also playing a role in marketing and customer attraction.

Manufacturing Operation

The procedures and activities involved in producing goods, often involving assembly lines or automation technology.

Lean

A systematic approach to identifying and eliminating waste through continuous improvement, aimed at optimizing operations and enhancing efficiency.

Flexible

Characterizes systems or processes that can adapt to changing conditions or demands without significant decrease in efficiency.