Answer: Exchange rate forecasting is important because exchange rate influence all aspects of business.
Explanation:
Exchange rate forecast is a method that is used to predict exchange rates by collecting all the relevant factors that may affect a currency. Exchange rate forecasting is vital because exchange rates influence all aspects of business.
The exchange rate plays a vital role for firms that import raw materials and export goods. A depreciation i.e a devaluation of the currency will make exports cheaper and therefore exporting firms will benefit. Every firm is interconnected in one way or the other, therefore exchange rate is vital.
It means that the currency that exist in forex market could be either sold or bought by anyone around the world.
for example ,
I live in United states. But through forex market, i could easily buy or sell Yen currency, which is used in Japan
Answer:
The answer is true
Explanation:
A work-in-progress (WIP) is the cost of unfinished goods in the manufacturing process including labor, raw materials, and overhead.
Answer:
E) government actions that reduce competition from international firms.
Explanation:
Quotas place a limit on the amount of goods that can be imported.
A tariff is a tax levied on imported goods.
Tariffs and quotas are imposed by the government and they limit the amount of import flowing into a country. This reduces the amount of competition from international firms.
I hope my answer helps you
Answer:
Effective direct reply letters usually include a subject line, provide explanation and additional information.
Explanation:
Effective direct reply letters recognize the subject contained in the subject line as well from previous correspondence.
Effective direct reply letters arrange information in order of priority by listing the most important information first, and make a list of the responses to the questions of the customers in accordance to the order the questions are asked. Graphic devices are employed to ensure that the message can be easily read, and provide assistance to customers by giving then clear reference that will enable them to find additional information.
Finally, a forward-looking statement is usually employed by effective direct reply letters to end pleasantly.
