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    How do firm's prices its revenues and costs

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    How do firm's prices its revenues and costs.

    Give me an example

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    https://brainmass.com/economics/international-trade/firms-prices-revenues-costs-61053

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    In international trade, the pricing of the revenues in international markets will strictly be governed by the existing exchange rates between countries. Even though the revenues need to be trasnferred into US dollars as per GAAP(Generaaly accepted accounting principles) in books at the end of the year, the prices have to be quoted in the local currency terms.

    For example, IBM takes up a an assignment in India. If IBM had completed this assignment ...

    Solution Summary

    In international trade, the pricing of the revenues in international markets will strictly be governed by the existing exchange rates between countries.

    $2.49

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