How does a “fixed” exchange rate—say five u.s. dollars for one

 

1. How does a “fixed” exchange rate—say five U.S. dollars for one British pound—remove the risk in international trading that exists when the exchange rate fluctuates according to the supply and demand for dollars and pounds?

2. Could you notice the presence of growing globalization, even if you had never heard the word, from what you see in ads or in shops? Can you mention a few examples, say in automobiles, food, or clothing?

 3. Can you explain why a concerted effort on the part of people who buy or sell foreign exchange can threaten the solidity of a whole nation’s economy? If you were a Mexican businessperson who needed to import zippers from the United States to manufacture sportswear, which you then exported to Europe, can you explain why a collapsing peso would make business very difficult, or even impossible

Calculate your order
Pages (275 words)
Standard price: $0.00
Client Reviews
4.9
Sitejabber
4.6
Trustpilot
4.8
Our Guarantees
100% Confidentiality
Information about customers is confidential and never disclosed to third parties.
Original Writing
We complete all papers from scratch. You can get a plagiarism report.
Timely Delivery
No missed deadlines – 97% of assignments are completed in time.
Money Back
If you're confident that a writer didn't follow your order details, ask for a refund.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00
Power up Your Academic Success with the
Team of Professionals. We’ve Got Your Back.
Power up Your Study Success with Experts We’ve Got Your Back.