Currency exchange rate movements are well understood by economists and can be accurately forecast, which eliminates risk for the international seller operating with exposure outside the home currency.

Question

Quizplus · Accepted Answer

Currency exchange rate movements are complex and affected by various economic, political and social factors making them difficult to accurately forecast. As a result, there is always a risk for international sellers operating with exposure outside their home currency.

Currency Exchange Rate Movements Are Well Understood by Economists and Can