Asked by
Adelisa Mustafi
on Nov 22, 2024Verified
Currency fluctuations can provide marketing opportunities whether a currency is appreciating or depreciating.
Currency Fluctuations
Variations in the value of a currency in the foreign exchange market, affecting the cost of imports and exports among countries.
Marketing Opportunities
Refers to potential areas where companies can engage new customers, increase sales, or enhance brand visibility within the market.
- Recognize the influence of economic fluctuations on consumer behavior.
Verified Answer
WF
Learning Objectives
- Recognize the influence of economic fluctuations on consumer behavior.
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