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Based in the United States, your firm trades extensively in European countries that have adopted the euro. You have been asked to evaluate the impact
Based in the United States, your firm trades extensively in European countries
that have adopted the euro. You have been asked to evaluate the impact of
currency fluctuations on sales in this region over the past month. The first step
in this process is to develop an exchange rate table for daily exchange rates
over the past month between the U.S. dollar and the euro. Once this has been
accomplished, what general trends do you notice? How could these trends
impact your firms sales in countries that use the euro?
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