Exchange rates affect international businesses because the exchange rate a. impacts the relative costs of imports and

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Exchange rates affect international businesses because the exchange rate

a. impacts the relative costs of imports and exports.

b. can impact the trade deficits and trade surpluses of a country.

c. can be manipulated by governments and can cause price changes outside the control of businesses.

d. all of the above.

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ISBN: 9780134522746

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Authors: Michael Solomon, Mary Poatsy, Kendall Martin

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Question Posted: Mar 13, 2024 01:01 AM

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Exchange rates affect international businesses because the exchange rate a. impacts the relative costs of imports and

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