Oreign Exchange Markets and Transactions
Take a few moments to read the preceding article. Based on your reading and study this module, answer the following:
a? What strikes you as being the most important aspect of how the foreign exchange market works?
a? If an MNC in the U.S. is interested in doing business in Japan, would it be more advantageous for the dollar to rise in relation to the Japanese Yen, or fall? Explain with examples.