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provide if you have a fixed exchange rate system you would know what you can price your product at every day to clear a profit

Being an owner of a business and exporting pro Show more how would you respond to this answer? Make it short Being an owner of a business and exporting products it would have to depend on your product and if the market would allow for you to be able to fluctuate the price of the good. Depending on the good you provide if you have a fixed exchange rate system you would know what you can price your product at every day to clear a profit. If you are on a flexible exchange rate system you price could change daily and if the market doesnt allow for your products price to fluctuate then you could end up loosing money because the market was higher than you are able to sell your product for and at that rate you wouldnt be in business long. Show less


 

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