Asked by
Logan Tankersley
on Dec 02, 2024Verified
The chance of making more or less money on an international business transaction because of exchange rate fluctuations is called:
A) international risk.
B) political risk.
C) exchange rate risk.
D) exchange rate profitability.
Exchange Rate Fluctuations
Variations in the value of one currency relative to another, which can affect the profitability of international investments and trade.
- Grasp the concept of exchange rate risk and its impact on international business transactions.
Verified Answer
MK
Learning Objectives
- Grasp the concept of exchange rate risk and its impact on international business transactions.
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