please answer both, thank you! Question 9 1 pts Which of the...
60.1K
Verified Solution
Link Copied!
Question
Finance
please answer both, thank you!
Question 9 1 pts Which of the following statements explains the advantages of the euro? The euro has not been widely traded since its introduction The introduction of the euro has eliminated currency risk as a barrier to trade for participating countries. Accounting records must still be reconciled to the home currency. Companies still have difficulty establishing pricing policies. Question 10 1 pts Why do most corporations/businesses use foreign exchange markets? To diversify their income from other sources, To convert currency for import and export transactions To improve their reputation as an international firm To improve their relationship with large commercial banks
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
