Explain how exchange rate fluctuations pose a risk to manufacturing companies who rely upon an export strategy
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Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...
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The exchange rate fluctuations pose a risk to manufacturing companies who rely upon an export strate...View the full answer
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Related Book For
Global Marketing management
ISBN: 978-0470505748
5th edition
Authors: Masaaki Kotabe, Kristiaan Helsen
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