Here is the context in which you should write your final exam. Bronnerâ€™s Christmas Store is...

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Economics

Here is the context in which you should write your final exam.Bronnerâ€™s Christmas Store is one of the largest in America.Bronnerâ€™s currently has one store located in Frankenmuth, Michigan.Bronnerâ€™s has decided to open up a second store in Heidelberg,Germany. Reflecting on each chapter in our textbook, respond toeach of the following questions as though you were hired to be aconsultant to Bronnerâ€™s.
Please describe the exchange rates between the Euro and theDollar. What are the exchange rate risk for Bronner's.

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Dear Student The exchange rates between different currencies depend on various factors If financial markets solely set exchange rates they fluctuate substantially as shortterm portfolio investors try to anticipate tomorrows news If the government attempts to intervene in exchange rate markets through soft pegs or hard pegs There is no firm conclusion which exchange rate policies are best floating soft peg hard peg or See Answer

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