Currency exchange fluctuations are important for a business to understand because they can ____________________.

Question

Quizplus · Accepted Answer

Currency exchange fluctuations can have an impact on all of the factors listed in the options, affecting a business's profitability in international transactions, pricing in a country market, the competitive advantage of a company, and the costs for imported goods. Therefore, understanding these fluctuations is important for businesses to make informed decisions and mitigate risks.

Currency Exchange Fluctuations Are Important for a Business to Understand