The volatility of the present floating exchange rate

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The volatility of the present floating exchange rate regime presents a conundrum for international business. Exchange rate movements are difficult to predict and yet their movements can have a major impact on the competitive position of business. What implication has the revaluation of the euro versus the U.S. dollar had since the last year for the Toys "R" Us international pricing structure?

Reference no: EM13733594

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