Question: please double check your answer. to make sure it's all correct. i have only one chance left. thank you. 7 Understanding Exchange Rates International businesses
please double check your answer. to make sure it's all correct. i have only one chance left. thank you.
7 Understanding Exchange Rates 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 Because the foreign exchange market is so volatile, the firm needs to understand the advantages and disadvantages of each regime. Roll over each item on the left to read the description Identify whether each of the statements is an argument for or an argument against a specific exchange rate regime, then place each item in the correct place on the chart Unknown elements Market-based Continual government intervention Argument for Argument Against Reduces uncertainty Floating exchange rate Limited options Freychann Roll over each item on the left to read the description. Identify whether each of the statements is an argument for or an argument against a specific exchange rate regime, then place each item in the correct place on the chart Unknown elements Market-based Continual government intervention Argument for Argument Against Reduces uncertainty Floating exchange rate Limited options Fixed exchange rate No uncertainty Managed-float Difficult Pegged exchange rate Uncertainty Target Zone Fluctuation with limits Government adjusts Reset

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