Solved

The Fact That Exchange Rates Are Continually Changing Gives Rise

Question 117

True/False

The fact that exchange rates are continually changing gives rise to the possibility that money may be made or lost on an international transaction because of rate movements outside the business deal. This exposure is generally referred to as the risk of international trade.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents