Which of the following statements about exchange rates is true?
A) Exchange rates are fixed by international agreements.
B) Exchange fluctuate between currencies but are fixed in terms of gold.
C) Exchange rates fluctuate constantly.
D) Are regulated by a special committee of the United Nations.
Answer: C
Business
You might also like to view...
Ordering additional hardware creates the least amount of organizational disruption compared to changes in the four components of an information system
Indicate whether the statement is true or false
Business
With which phase of strategic management is most strongly associated with "action"?
A) Strategy formulation B) Strategy implementation C) Strategy evaluation D) Competing advantages E) Measuring performance
Business