Describe how exchange rates influence business activities, Business Management

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Describe how exchange rates influence business activities

Problem

a) What is an offshore financial center? What is a booking center and what purpose does it serve?
b) Briefly describe how exchange rates influence business activities.
c) Briefly describe the gold standard, its advantages, and why it collapsed.

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Business Management: Describe how exchange rates influence business activities

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Business Management: Describe how exchange rates influence business activities

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