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.

Question

English

Haleigh Hubbard

12 November, 19:01

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.

+4

Answers (2)

Know the Answer?

Mireya Larson · Answer 1

Your answer would most likely be - A.)

Hanna Baker · Answer 2

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.