What factors determine exchange rates


Problem

A. Explain globalization in business and the forces causing globalization. Use relevant examples to illustrate your answer.

B. Name the classical country-based trade theories explain how countries protect their local productions. Use relevant examples to support your answer.

C. What factors determine exchange rates? Use relevant examples and charts to support your answer.

D. In a short essay explain when to buy a product from other countries or make it locally. Use relevant examples to support your answer.

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Managerial Accounting: What factors determine exchange rates
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