Chapter 8.docx - World-Class Warehousing Material Handling...

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World-Class Warehousing & Material Handling LMGT 1325 Chapter 8 In valuing a currency, the direct quote is the value of the foreign currency expressed in units of the domestic currency market-based forecasting of exchange rates all of the above a forward market hedge all of the above the risk resulting from possible fluctuations in currency exchange rates is called transaction exposure stable countries representing the greatest percentage of world trade all have ___ currencies floating Terms of trade incoterms rule determine the costs the exporter should pay, the costs the importer pay, and the point at which the responsibility for the cargo shifts from one to the other. terms of sale determine the method of payment and the intermediaries involved in the payment and the handling of the documents from the importer to the exporter. Risk of currency fluctuation
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a speculative risk risk of currency convertibility
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  • Spring '17

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