Because exchange rates are volatile, they are of little use to U.S. companies when establishing prices for their products overseas.

Name: Because exchange rates are volatile, they are of little use to U.S. companies when establishing prices for their products overseas.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Exchange rates can be useful for U.S. companies when establishing prices for their products overseas, although they do need to take into account the possibility of volatility and adjust when necessary.

Because Exchange Rates Are Volatile, They Are of Little Use