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Home Q & A Board Humanities Art and Culture Fashion and Design
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BJL BJL
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6 years ago
The risk in dealing with foreign purchases for a U.S. fashion business is that if you purchase today at the spot rate
 
  a. you are not insured the value of thecurrency will be the same upondelivery of the product.
 c. if the interest rate drops and you wait toexchange currency you will lose moneyin the exchange.
 b. the delivery of the product will be slow. d. there is very little risk as the U.S. dollar
  is considered the benchmark for
  international trade.
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TacomanTacoman
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6 years ago
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BJL Author
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#2
6 years ago
I hope they're paying you for this lol
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