Exchange rates are included in which of the following international environments?
A) The legal-political sector
B) The economic environment
C) The sociocultural environment
D) The barter system environment
E) The government sector

Question

Quizplus · Accepted Answer

Exchange rates are a fundamental component of the economic environment in international business. They are determined by macroeconomic factors such as inflation, interest rates, and trade balances, and can greatly impact the competitiveness of firms operating in foreign markets.

Exchange Rates Are Included in Which of the Following International