Question
Canada has the following exchange rates with other countries. 1 CAD = .79 U.S dollars 1 CAD = 14.5 pesos Mexican 1 CAD = .63
Canada has the following exchange rates with other countries. 1 CAD = .79 U.S dollars 1 CAD = 14.5 pesos Mexican 1 CAD = .63 Great British pounds A Canadian company is looking to purchase raw materials for usage in manufacturing. It has three quotes from three foreign companies. They can purchase the materials for 1,400,000 U.S dollars, or 20,000,000 Mexican Pesos or 1,200,000 great British pounds.
Canada will choose to purchase the raw materials from the Mexican company as it costs the least money among these three companies mentioned.
The question: what are some reasons other than price that might sway Canada to purchase the raw materials from a different supplier than the one chosen in B) 2 application
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