Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.What is the currency role in the international trade? please explain in detail 2. how hedging by currency to manage the risk? 3. what is

1.What is the currency role in the international trade? please explain in detail

2. how hedging by currency to manage the risk?

3. what is exchange rate and how it will work, what's the function of it?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Economics and Business Strategy

Authors: Michael R. baye

7th Edition

978-0073375960, 71267441, 73375969, 978-0071267441

More Books

Students also viewed these Economics questions

Question

Draw a picture consisting parts of monocot leaf

Answered: 1 week ago

Question

Prepare a report explaining your answers to these questions.

Answered: 1 week ago