In its 2018 Annual Report, Amazon stated, We have foreign exchange risk. a. Briefly explain why Amazon
Question:
In its 2018 Annual Report, Amazon stated, “We have foreign exchange risk.”
a. Briefly explain why Amazon is exposed to foreign exchange risk.
b. If Amazon did not have operations in foreign countries, would its profit be affected in any way by fluctuations in the exchange value of the U.S. dollar? Briefly explain.
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a Amazon is exposed to foreign exchange risk primarily due to its international operations and global business activities As a multinational corporati...View the full answer
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