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Which of the Following Statements Concerning Currency Exchange Rates Is

Question 178

Multiple Choice

Which of the following statements concerning currency exchange rates is most accurate?


A) Fluctuations in exchange rates among the world's currencies are of critical importance in global marketing.
B) Fluctuations in exchange rates among the world's currencies are of minor importance in global marketing.
C) Exchange rate fluctuations are relatively rare, but they usually have serious long-term consequences.
D) Exchange rate fluctuations are almost non-existent due in great part to the Euro.
E) Exchange rate fluctuations affect the financial sector but rarely reach the consumer.

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