2079 11

International Business Management20795 marksFactors affecting exchange rate

Describe any two factors affecting exchange rate.

Describe any two factors affecting exchange rate. [5]

An exchange rate is the rate at which one currency is exchanged for another currency. It affects trade and the movement of money between countries. Several factors influence the determination and fluctuation of exchange rates. --- Inflation refers to the general rise in the price level of goods a...

Up nextWrite the meaning of franchising and turnkey operations.