Need marketing help with a discussion about a exchange rated

Are you stressed by poor grades and tight deadlines? We have your back. We can do this or a different assignment for you at an affordable price. Use customdissertations.org writing services to score better and meet your deadlines.


Order a Similar Paper Order a Different Paper

I just need a 100 word response or more to this post. What are your thoughts

Denise is on the right track. When we talk price, the conversation must include global sales/expansion. Currency exchange is essential to a global economy. Without it, it would be virtually impossible to trade with foreign countries. To make purchases and sell their own goods internationally, firms need to change units of one currency for units of another currency. For instance, when a German firm trades with a U.S. firm, the U.S. firm may pay in dollars. However, the German firm needs to pay many of its costs in Euros.

Exchange rates can hamper a government’s ability to control its economy. A fixed exchange rate requires that the central bank intervene to keep the currency from changing value. Market forces will tend to move the exchange rate away from where it is fixed. If the exchange rate is tending to increase, thus devaluing the domestic currency, the central bank will need to buy domestic currency and sell foreign currency to balance this force. Thus monetary policy is ineffective due to the balance of payments feedback.

Thoughts?

Michael

We offer CUSTOM-WRITTEN, CONFIDENTIAL, ORIGINAL, and PRIVATE writing services. Kindly click on the ORDER NOW button to receive an A++ paper from our masters- and PhD writers.

Get a 10% discount on your order using the following coupon code SAVE10


Order a Similar Paper Order a Different Paper