Question: please answer both, thank you! Question 9 1 pts Which of the following statements explains the advantages of the euro? The euro has not been
Question 9 1 pts Which of the following statements explains the advantages of the euro? The euro has not been widely traded since its introduction The introduction of the euro has eliminated currency risk as a barrier to trade for participating countries. Accounting records must still be reconciled to the home currency. Companies still have difficulty establishing pricing policies. Question 10 1 pts Why do most corporations/businesses use foreign exchange markets? To diversify their income from other sources, To convert currency for import and export transactions To improve their reputation as an international firm To improve their relationship with large commercial banks
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
