A small company can deal with changing currency rates by

Question

Quizplus · Accepted Answer

Stating contracts in US dollars can protect the small company from currency fluctuations as it eliminates the need to constantly convert between currencies. The company can have a fixed price in US dollars and avoid any potential losses due to changes in exchange rates. Locating plants in countries with advantageous exchange positions may not always be feasible or cost-effective for a small company. Limiting sales in each country may hurt the potential growth of the company, and following the advice of a single international sales manager may not necessarily ensure the best decision-making for the company.

A Small Company Can Deal with Changing Currency Rates by