0
What are the advantages of McDonald's ringing up sales in so many foreign currencies worldwide?
Wiki User
∙ 11y ago
- One of the advantages of McDonald's ringing up sales in multiple foreign currencies is the ability to weather economic ups and downs of different areas. Disadvantages could happen if exchange rates swing unfavorably for the American dollar.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What are the advantages of McDonald's ringing up sales in so many foreign currencies worlwide?
Inflation effect on McDonalds revenues is smaller (as one currency goes up, other goes down and McD's level of revenue doesn't rock that much).
Can fx trader be defined in simple terms?
The Foreign Exchange(FX) trading market can be described simply as a worldwide market for trading currencies on a global scale. The foreign exchange market helps to contribute to determining the value of global currencies.
What is trade foreign currencies?
Trading foreign currencies refers to the buying and selling of various currencies at a profit.
What is the current foreign exchange rate for currencies?
You can update the foreign exchange rate of currencies in the Internet or on forex brokers, such as alpari.com/#informer=quotes or any other ones.
What are the benefits of an Isle of Man bank?
The benefits of having an Isle of man bank account is that it allows you to hold multiple bank accounts. In addition, you can access your money worldwide, and make transactions in foreign currencies.
What is the strength of the dollar against foreign currencies?
exchange rate
What is the term for a system for exchanging currencies between nation?
Foreign Exchange
What describes what is done with foreign currency in the currency exchange market?
Bought and sold using different foreign currencies.
What happens at the foreign exchange market?
People buy and sell foreign currencies like euro, USD etc
Where can I find some info on forex currency exchange?
The foreign exchange market (forex, FX, or currency market) is a global, worldwide decentralized financial market for trading currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market determines the relative values of different currencies
What is the advantages and disadvantages of foreign trade multiplier?
advantages of foreign trade multiplier
Where can one find the best exchange rate for foreign currencies?
When looking for the best exchange rate for foreign currencies, it is best to adopt certain payment strategies. A few great methods for finding the best exchange rates for foreign currencies is to haggle with the local people, use debit and credit cards, and know your banks and other banks exchange rates.
