Foreign Currency

It’s important to learn about foreign currency exchange and its role in international trade.

 

  • What is the currency used in your chosen export country? 
     

  • Do you think it would be better to provide pricing for your products in just this currency or give customers a choice of one or more other currencies? 
     

  • Are there any currencies that are more widely used around the world than others?
     

  • Do you think there would be any problems accepting payment in that currency?
     

  • Are there any world events that could have an impact currencies?

Check currency exchange websites or maybe visit a local bank.
Don't forget to keep any evidence (documents, photos etc)
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Cheshire
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