Why is it important for businesses to consider currency exchange rates?

A: they can dramatically impact profits.

B: Neither side can negotiate price if the currencies are different.

C: Determining costs requires complex formulas and an accountant.

D: They remain constant, so they need to be considered in the beginning.

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13 June, 05:31

Why is it important for businesses to consider currency exchange rates?

A: they can dramatically impact profits.

B: Neither side can negotiate price if the currencies are different.

C: Determining costs requires complex formulas and an accountant.

D: They remain constant, so they need to be considered in the beginning.

+5

Answers (2)

Know the Answer?

Desmond · Answer 1

A: they can dramatically impact profits.

this is due to the fact that selling something for 20000 dollars or 20000 eros is a major difference of $23,122.10 to $20,000 difference.

Laura Li · Answer 2

Your answer would most likely be - A.)