Being too dependent on one location is particularly risky because of:

Question

Quizplus · Accepted Answer

Being too dependent on one location is particularly risky because floating exchange rates can cause significant fluctuations in currency values, making it difficult to predict exact exchange rates and potentially leading to financial loss. Fixed exchange rates or lack of movement in currencies would not necessarily mitigate this risk. Static exchange rates do not exist in reality, as exchange rates are constantly changing.

Being Too Dependent on One Location Is Particularly Risky Because