Which of the Following Statements Concerning Currency Exchange Rates Is

question 269

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 are of minor importance in global marketing.
• C) Exchange rate fluctuations are relatively rare, but they usually have serious long-term consequences.
• D) Exchange rate fluctuations are almost nonexistent due in great part to the euro.
• E) Exchange rate fluctuations may affect the financial sector but rarely reach the consumer.

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