International businesses with markets and production facilities in other countries, or that use materials from different...
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International businesses with markets and production facilities in other countries, or that use materials from different countries need to understand the ways and rates at which currency is converted. Countries may operate using different exchange rate regimes, all of which have different advantages and disadvantages. Governments around the world pursue a number of different exchange rate policies. No one exchange rate system is universal, and the international monetary system is continually emerging. One key factor an international business must consider when looking at foreign markets is how the currency will be converted into the home-country currency. Drag each description to the correct currency arrangement. Uncertainty Fluctuation within a band of less than 1% Floating Exchange Rate Hold foreign reserves of a specific currency in an amount equal to its domestic currency supply Exchange the two at a fixed rate Managed-Float Rely on market Pegged Exchange Rate Government intervention to achieve particular goals and targets Currency Board International businesses with markets and production facilities in other countries, or that use materials from different countries need to understand the ways and rates at which currency is converted. Countries may operate using different exchange rate regimes, all of which have different advantages and disadvantages. Governments around the world pursue a number of different exchange rate policies. No one exchange rate system is universal, and the international monetary system is continually emerging. One key factor an international business must consider when looking at foreign markets is how the currency will be converted into the home-country currency. Drag each description to the correct currency arrangement. Uncertainty Fluctuation within a band of less than 1% Floating Exchange Rate Hold foreign reserves of a specific currency in an amount equal to its domestic currency supply Exchange the two at a fixed rate Managed-Float Rely on market Pegged Exchange Rate Government intervention to achieve particular goals and targets Currency Board
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In this task youre asked to drag each description to the correct currency arrangement based on the c... View the full answer
Related Book For
Management
ISBN: 9780730329534
6th Asia Pacific Edition
Authors: Schermerhorn, John, Davidson, Paul, Factor, Aharon, Woods, Peter, Simon, Alan, McBarron, Ellen
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