Explain the meaning of and reasons for currency fluctuation, Supply Chain Management

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QUESTION 1

(a) Explain the meaning of and reasons for currency fluctuation

(b) How can buyers protect themselves against the risks of currency fluctuation in International Purchasing?

QUESTION 2

Write short notes on:

(a) C.I.F

(b) F.O.B

(c) Delivery Duty Paid

(d) Regional Trade Blocks

(e) World Trade Organization


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