What happens in the foreign exchange market does not directly impact the sales,profits,and strategy of a multinational enterprise.

Question

Quizplus · Accepted Answer

Changes in foreign exchange rates can greatly affect the sales and profits of a multinational enterprise as they impact the prices of goods and services, the cost of production, and the value of foreign investments. A company's strategy may also need to be adjusted in response to fluctuations in the foreign exchange market.

What Happens in the Foreign Exchange Market Does Not Directly