Which of the Following Statements Concerning Currency Exchange Rates Is

question 113

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 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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