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vagabundo [1.1K]
3 years ago
9

Why is it important for business to know exchange rates?

Business
1 answer:
Vadim26 [7]3 years ago
8 0

An exchange rate is essentially what its name implies: it is the rate at which one would need to exchange one’s currency for the currency of another country. These rates of exchange can change at a moment’s notice (or less) in currency markets where the currencies are freely floating.

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Le 3-3. assume that zimbabwe and portugal each has 60 machine minutes available. originally, each country divided its time equal
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I would think A would be your answer I hop this helps
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"at the clearing house, bank x has $300 in checks drawn on bank y and bank y has $200 in checks drawn on bank x. how does the cl
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4 years ago
Suppose that in 1984 the total output in a single-good economy was 7,000 buckets of chicken. Also assume that in 1984 each bucke
madreJ [45]

Answer:

A) What is the GDP price index for 1984, using 2005 as the base year?

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C) What were the amounts of real GDP in 1984 and 2005?

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6 0
3 years ago
Sandy, an expert on Search marketing, knows she should use extensions effectively in order to optimize her Google Ads campaign r
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Assume milk is used to produce ice cream. Ceteris paribus, a decrease in the price of milk will cause the equilibrium price of i
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Fall

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I hope my answer helps you

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3 years ago
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