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Preview: ... with Euro Currency i.e. EUR. The implications include foreign exchange rate, sport rate, forward contract etc. In this regard, the company also be strict with the deadline otherwise it influence on marketing, production and financial decisions. The exchange rate movements also influence the business decisions. Â As per the Bretton Woods Agreement, initially every currency will be quoted in terms in U.S.Dollar. Â However, the countries may change the exchange rate for which the managers need to monitor country policies accord ...Get answer
