Introduction: A countries’ currency is much like other commodities, and the exchange rate fluctuations occur because of a number of economic factors influencing the supply and demand for the nation’s currency. If a nation is facing a high level of inflation, the
To explain: Some of the ways a U.S. company can manage the risk of changes in the exchange rates for foreign currencies.
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- Intermediate Financial Management (MindTap Course...FinanceISBN:9781337395083Author:Eugene F. Brigham, Phillip R. DavesPublisher:Cengage Learning