Changes in the exchange rates can have major implications for the profitability of international operations.

Name: Changes in the exchange rates can have major implications for the profitability of international operations.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Changes in exchange rates can impact the cost of importing and exporting goods and services, as well as affect the value of foreign earnings when converted back to the home currency. This can ultimately impact the profitability of international operations.

Changes in the Exchange Rates Can Have Major Implications for the Profitability