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Unformatted text preview: countries can significantly impact relative price of goods and services (Bradsher & Fackler, 2008). Imports and exports and the assets and the profits from these trades all affect the currency rates (Bradsher & Fackler, 2008). Typically gains and losses such as foreign currency exchange rates are included when figuring out a businesses net income (Libby, Libby, & Phillips, 2005). The gains and losses can vary greatly depending on the yen to dollar value. This is one of the significant reasons why issues can arise when doing business with foreign companies....
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This note was uploaded on 07/25/2011 for the course BUS 370 taught by Professor Timbrady during the Spring '11 term at Newcastle.
- Spring '11