Going Global?
Make sure to take currency fluctuations into account.
Often, the number of dollars it takes to equal a unit of aparticular foreign currency can make the difference between a dealworth doing and a deal that would be a disaster. When the dollar isweak against a foreign currency--meaning it takes more dollars thanusual to buy a unit of the foreign currency--it strengthensexporting entrepreneurs. If the entrepreneur keeps prices level,those prices look lower to a buyer dealing in, say, Japanese yen orMexican pesos.
Excerpted from Grow Your Business
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