A small company can deal with changing currency rates by:

Question

Quizplus · Accepted Answer

Stating contracts in US dollars (or another stable international currency) can help mitigate the risks of fluctuating exchange rates, as the company's revenue streams will be more predictable and stable. Locating plants in countries with advantageous exchange rates may not be feasible or cost-effective, and limiting sales in each country could potentially limit growth opportunities. Following the advice of the international sales manager may not necessarily address currency rate risks.

A Small Company Can Deal with Changing Currency Rates By