In its 2016 Annual Report, Amazon stated, We have foreign exchange risk. a. Briefly explain why Amazon
Question:
In its 2016 Annual Report, Amazon stated, “We have foreign exchange risk.”
a. Briefly explain why Amazon is exposed to foreign exchange risk.
b. If Amazon did not have operations in foreign countries, would its profit be affected in any way by fluctuations in the exchange value of the U.S. dollar? Briefly explain.
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Related Book For
Essentials Of Economics
ISBN: 9780134797731
6th Edition
Authors: R. Glenn Hubbard, Anthony Patrick O brien
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