One of the most important variables to consider is the exchange rate of currencies. Since predicting the fluctuation in currency markets is relatively easy, foreign purchases may actually cost less than negotiated depending on the length of the contract.

Question

Quizplus · Accepted Answer

Predicting fluctuations in currency markets is not considered easy, as there are many factors that can impact exchange rates, such as political events and global economic conditions. Therefore, it is difficult to determine if foreign purchases will cost less or more than negotiated based solely on exchange rate predictions.

One of the Most Important Variables to Consider Is the Exchange