The Benefit to Forecasting Exchange Rates

question 32

Multiple Choice

The benefit to forecasting exchange rates

• A)are greatest during periods of fixed exchange rates.
• B)are nonexistent now that the euro and dollar are the biggest game in town.
• C)accrue to, and are a vital concern for, MNCs formulating international sourcing, production, financing and marketing strategies.
• D)all of the above

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Definitions:

Partnership

An officially authorized business partnership in which two or more persons co-manage the operation and profit-sharing.

Limited Liability Company

In the United States, a company framework where the owners bear no personal responsibility for the firm's financial obligations or liabilities.

General Partnership

A partnership in which the partners divide profits and management responsibility and share unlimited personal liability for the partnership’s debts.

General Partnership

A form of partnership where all partners share unlimited liability for the business's debts and obligations.