Question: Question 1 How can foreign exchange risk be minimized? Select one answer By always using advance payment methods By using open account as a method
Question
How can foreign exchange risk be minimized? Select one answer
By always using advance payment methods
By using open account as a method of payment
It cannot be minimized, it is buyer's risk
By agreeing to a fixed exchange rate at the outset
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
