CHAPTER 16: NATURE OF PLANNED ORGANIZATIONAL CHANGE
Foreign exchange International trade transactions are a ected by foreign exchange. In
international transactions, payments are o en made in terms of the country’s own currency, in
US dollars, or in the currency of the third country. e exchange rate variation is determined
by the currency payments. A number of factors determine the prediction of exchange rate
movements such as the country’s balance of payments, interest rates, and supply and demand.
Constraints of foreign exchange prompt many governments to impose restrictions on the
import of selected items along with measures to deregula ...
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